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Urgent measures needed to reduce trade imbalances with Russia: Jaishankar

By Economic Times - 3 days ago
India's External Affairs Minister S Jaishankar called for immediate action to address the significant trade deficit with Russia, which has reached USD 25.11 billion due to increased crude oil imports. He emphasized the need to remove trade barriers, promote national currency settlements, and explore collaborations in energy, connectivity, and human resources to achieve a more balanced and robust trade relationship.

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