India and Russia agreed Thursday to expand bilateral trade ties, signaling that U.S. tariff pressure on New Delhi over Russian oil purchases is unlikely to derail their partnership.

India currently faces additional tariffs of up to 50% on goods shipped to the U.S., after the Trump administration escalated tariff threats in response to its substantial imports of Russian energy.

The India-Russia relations had been among the "steadiest of the major relationships in the world after the Second World War," Indian foreign minister Subrahmanyam Jaishankar said at a joint press conference in Moscow.

Both countries vowed to boost bilateral trade, including increasing India's exports of pharmaceuticals, agriculture and textiles to Russia to help reduce the current imbalance, Jaishankar said.

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