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Russian Dy PM Manturov concludes India visit, agrees to work together to unlock potential of economic ties

During the visit, External Affairs Minister Jaishankar and Manturov Co-Chaired the 24th session of the Inter-governmental Commission which is a mechanism for monitoring the bilateral progress of trade and economic cooperation between the two countries. The Sides reviewed the entire gamut of bilateral trade and economic relationship and agreed to work together to unlock its full potential including through addressing the trade deficit and market access issues. ....

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"We need to boost trade from India," Russian Dy PM Manturov on trade imbalance

"That's one of the issues which we just discussed with your colleague, so because of lack of input from India, it's not enough to use the Rupee so we need to boost the trade from India and then in this case we are looking at balance like for example, we have with China. We have USD 200 billion trade with China, and it's balanced," said Manturov on the India-Russia trade and payments issue. ....

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