90% of Russia-India trade conducted in national and alternative currencies – Moscow ...News

The two countries have agreed on steps to diversify economic cooperation and deal with a trade imbalance The share of national and alternative currencies in trade between Russia and India has reached almost 90%, Russian First Deputy Prime Minister Denis Manturov said in New Delhi on Tuesday. Over the past five years, bilateral trade between the two countries has grown more than fivefold, making India Moscow's second largest trade partner, the minister added.  Manturov is visiting India to co-chair the 25th meeting of the Intergovernmental Russian-Indian Commission on Trade, Economic, Scientific, Technical, and Cul

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