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Yo_Mama_Been_Loggin

(107,741 posts)
Tue Mar 29, 2022, 01:33 PM Mar 2022

India stands by trade with Russia as Lavrov set to visit

NEW DELHI - Russian Foreign Minister Sergei Lavrov is set to fly to India this week, sources said, finding time to visit to one of the biggest buyers of Russian commodities since the international community began isolating Moscow for its invasion of Ukraine.

There is little sign that buying will slow down any time soon, as more deals get signed. One source said the two countries could discuss smoothening trade payments disrupted by Western sanctions on Russian banks. Media have said he could hold talks in the Indian capital on Friday.

It will only be Lavrov's third visit overseas since Russia's Feb. 24 invasion of Ukraine, after a trip to Turkey for talks with his Ukrainian counterpart earlier this month and a scheduled meeting in China on Thursday.

Russia is India's main supplier of defence hardware but overall annual trade is small, averaging about $9 billion in the past few years, mainly fertiliser and some oil. By comparison, India's bilateral trade with China is more than $100 billion a year.

https://www.msn.com/en-us/news/world/india-stands-by-trade-with-russia-as-lavrov-set-to-visit/ar-AAVCTnc

Modi and Lovrov, brothers from different mothers.

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