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Increasing exports, trade in local currency, FTA to boost India-Russia commerce: GTRI report.
Jul 19, 2024

Steps such as increasing exports, making local currency trading workable and a free trade agreement with the Eurasian Economic Union will help boost trade between India and Russia, think tank GTRI said on Thursday. India should not worry over the trade deficit, as it is getting crude petroleum oil at cheaper than market rates from Russia and it is also cutting India's overall oil import bill, the Global Trade Research Initiative (GTRI) said.

    

economictimes.indiatimes.com

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