The trade volume between Russia and India grew at a record level and approached 44 billion dollars for the first time. RIA News Based on data from Ministry of Commerce and Industry of India.
It was noted that India purchased Russian goods worth 41.2 billion dollars in the eight months of the year, this figure was 17.1 billion dollars a year ago, and the volume of India’s imports to the Russian Federation increased to 2.6 billion dollars in the same period.
According to the ministry, trade turnover between the two countries rose to $43.8 billion during the year, an all-time high.
At the same time, India’s trade deficit with Russia increased 2.5 times in eight months to $38.6 billion.
Before that, RBC, citing data from the Ministry of Economic Development of the Russian Federation reportedHe said that the trade volume between Russia and African countries increased by 43.5 percent in the January-August period of this year compared to the same period last year, reaching 15.5 billion dollars.
Egypt is at the top of the list of African countries with the highest trade volume with Russia.
Formerly US Treasury extended Sanctions against Russia.