Ditching the dollar: National currency payments key to boosting Russia-India trade, says Putin ...News

Trade turnover between Russia and India – which grew by 17 percent last year, reaching $11 billion – has huge potential for further growth, Russian President Vladimir Putin said at the Eastern Economic Forum (EEF) in Vladivostok. Putin held talks with Indian Prime Minister Narendra Modi, who arrived on Wednesday to the event, which promotes trade in Russia’s Far East. According to the Russian president, it is important to use national currencies in mutual settlements. “We consider the introduction of the practice of using national currencies in our settlements to be a key component of the work with our Indian partners, as well as ensur

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