India-Russia bilateral trade rises tremendously: Moscow moved to 4th position in list of Top 10 import nation

Indian-Russia trade relations: Amid the ongoing war between Russia and Ukraine, India has been boosting its trade cooperation, especially crude oil, with the former. According to the Commerce Ministry, Moscow has moved to the fourth position in the list of Top 10 Merchandise Import Source Nations in April-December 2022. Citing the reason behind the abrupt jump of Russia, the ministry said the import of crude oil rose significantly in the current financial year. 

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