ID :
85854
Sat, 10/24/2009 - 07:05
Auther :

RUSSIA- INDIA 2 LAST


Russia, which has made its rouble a fully-convertible
currency since July, 2008, is keen to add it into the basket
of global reserve currencies on the backdrop of sliding value
of the US greenback.

Earlier this week, the 15th session of Indo-Russian
Inter-Governmental Commission (IRIGC), co-chaired by Indian
External Affairs Minister S M Krishna and Russian Vice-premier
Sergei Sobyanin, said the commerce secretary-level Joint Task
Force (JTF) should monitor implementation of its
recommendations to promote bilateral trade, investment and
economic cooperation.
The current bilateral trade is hovering around USD 7
billion. New Delhi and Moscow have set to boost it to USD 20
billion in 2015. PTI VS
ANU


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