Delhi-Moscow Moving Towards Mutual Settlements In National Currencies, Says Putin

At a joint press meet with Prime Minister Narendra Modi, Russian President Vladimir Putin said, "The Prime Minister gave us a list of challenges that deserve the attention of both governments, and we will act on them. The creation of a Free Trade Agreement between India and the Eurasian Economic Union will help. Our countries are gradually moving to mutual settlements in national currencies, which already account for 96 per cent of commercial transactions. We are also witnessing successful partnerships in energy - stable supplies of oil, gas, coal, and everything required for India's energy needs."