India, Russia discuss ₹-Ruble trade

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New Delhi: External affairs minister S Jaishankar and Russian deputy PM, who is also the minister of industry and trade, Denis Manturov met in Moscow on Tuesday to discuss expanding economic partnership, including smoothening mechanism for trade in national currencies and increasing Indian exports and investments in Russia...

Jaishankar met Manturov on day two of his five-day visit to Russia on the eve of his meeting with his Russian counterpart Sergey Lavrov...

The two ministers held wide-ranging discussions on measures to boost business and trade partnership including increasing Indian investments in Russia to meet growing demands across sectors in the backdrop of sanctions, it has been learnt..

Since the start of the Russia-Ukraine conflict, -Ruble trade has faced obstacles due to accumulation of Indian currency by the Russian side in India..

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