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    Hanse Mina (hanse_mina@mastodon.social)'s status on Tuesday, 03-Sep-2024 10:10:11 JST Hanse Mina Hanse Mina

    #Russia's trade with #India is booming and bilateral payments are proceeding smoothly without the glitches that have been hampering trade with other countries, Anatoly #Popov, deputy CEO of Russia's largest lender, #Sberbank.

    Sberbank handles payments for up to 70% of all Russian exports to India. Russia's trade with India nearly doubled to $65 billion in 2023, with the country becoming a major importer of Russian oil after Western sanctions imposed in 2022.

    https://www.reuters.com/business/finance/russias-sberbank-says-india-business-booming-despite-western-sanctions-2024-09-03/

    #Ukraine

    In conversation about 10 months ago from mastodon.social permalink
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