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India To Boost Economic Ties With Russia Through Trade In Local Currency
The Morning Standard
|July 16, 2024
INDIA is seeking to enhance its trade relations with Russia by advocating for rupee-rouble trade and the removal of nontariff barriers, according to a senior government official.
This announcement follows Prime Minister Narendra Modi's recent trip to Russia, during which discussions primarily centered on improving the trade partnership. Both nations have set a bilateral trade goal of $100 billion by 2030.
During a press conference, Commerce Secretary Sunil Barthwal mentioned that the Indian government has requested Russia to review certain non-tariff barriers affecting Indian marine food product exports.
This story is from the July 16, 2024 edition of The Morning Standard.
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