External Affairs Minister S. Jaishankar on April 17 said that India will work with Russia to resolve trade imbalances.
India To Work With Russia
The Union Minister, while addressing the India-Russia business dialogue organised by industry body FICCI, said, ”There are understandable concerns about trade imbalance and we need to work with our Russian counterparts to address this imbalance. We should be honest about short and medium-term challenges. There could be over-compliance.”
”You can see that there are big changes going on like ‘Make in India’. We are determined to make India a global manufacturing hub. I want to emphasise on the opportunity of ‘Make in India’,” Jaishankar added.
”We are discussing the importance of connectivity and the north-south and maritime corridors have been considered. There is also discussion on payment issues like international trade settlement in the Indian rupee,” Jaishankar said further.
