India and Russia sign customs pact to boost trade

India and Russia have initiated steps to remove hindrances and boost commerce by signing an agreement in the area of customs and moving to liberalize business visas. The bilateral trade during the last year was just $9.51 billion and Prime Minister Narendra Modi and Russian President Vladimir Putin discussed ways to increase it when they met at Ufa on July 8. The two countries have fixed a target of $30 billion to be achieved by 2025.

Interesting Facts About Russia
  • Russia is bigger than Pluto.
  • In Russia there are 9 million more Women than men.
  • Russia has more time zones (11) than any other country.
  • The capital and largest city in Russia is Moscow. Other major cities in Russia include Saint Petersburg, Yekaterinburg and Novosibirsk.
  • The world’s first satellite, named Sputnik, was launched by the Soviet Union in 1957.
  • Russia is one of 5 permanent members of the UN Security Council, along with the US, UK, China and France. 
Test Your Knowledge

Name the first President of Russian Federation formed in 1991 after the fall of the Soviet Union? Boris Yeltsin


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