Russian-Indian 2010 trade turnover will near $10 billion, Russian Deputy Prime Minister Sergei Ivanov said Thursday.
"According to an expert evaluation, this year trade turnover will total $9.2-9.3 billion, and possibly even more," Ivanov told journalists after a meeting of the Russian-Indian intergovernmental commission.
The projected figure is a threefold increase on the $3 billion trade turnover recorded in 2005.
Ivanov set the task of doubling the figure to $20 billion in the next five years.
"If we have managed to triple trade in [the past] five years, why can't we double it in the next five?" he asked.
The deputy premier said Russia and India have scope for developing cooperation in the high-tech, space, power, agriculture and pharmacology industries.
RIA Novosti
