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.
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