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Head of the department for external economic and international relations of Moscow, Sergey Cheryomin said banks of both Russia and India should be “more active” in establishing a relationship with each other
China overtook the US in 2009 to become Brazil's largest trading partner. Beijing accounts for more than a fifth of all imports in Brasília
India's Commerce Secretary Sunil Barthwal said New Delhi is interested on settling international trade with more countries in Indian rupees
India’s central bank - RBI - has given approval for opening 60 special rupee vostro accounts in countries including Russia and Sri Lanka
India had prepared a concept paper on Rupee-Dirham trade and shared it with the UAE last year