Russia and India may soon recognize each other's payment syste | Roscongress Direct

Russia and India may soon recognize each other's payment systems — Mir and RuPay, this issue was discussed during the visit of Indian National Security Adviser Ajit Doval to Moscow

In order to reach the goal set by the two countries’ leaders of achieving a mutual trade volume equal to USD 30 billion by 2025, trade and joint projects in addition to investment need to be actively developed.

At present, Russia and India are implementing joint projects in various sectors: energy, oil, the military-industrial complex, pharmaceuticals, food, chemicals industry, interbank and insurance cooperation.

What measures are the governments of the two countries taking to solve transport and logistics problems?
Can sea-based transport become a main route?
What prospects are there for creating a joint banking and financial entity that is capable of supporting the potential of bilateral trade?
What areas of cooperation are top priorities?
What new projects with Indian capital are being planned in the Far East?

These topics and much more will be discussed at the Russia-India business dialogue at EEF-2022.
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