Sunday, 4 January 2015

Russia-India trade continues... in spite of "sanctions"


India Today. Dec 11, 2014.

"India and Russia would seek to outline a joint vision of their ties and also ink major agreements in the field of energy, defence and trade as Prime Minister Narendra Modi and Russian President Vladimir Putin hold talks under the 15th Annual India-Russia Summit on Thursday.

Putin's visit comes at a time when the Russian economy is buffeted by Western economic sanctions over Ukraine and falling oil prices that has led to a sharp tumble of the rouble.

India has already laid the ground for taking forward the ties by stating clearly that it "cannot be party" to any economic sanctions against its old friend.

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