Trade deficit rising due to oil buy, need to address it: EAM in Russia

Addressing tariff and non-tariff trade barriers, removing bottlenecks in logistics, promoting connectivity, effecting payment mechanisms smoothly and early conclusion of the India-Eurasian Economic Union FTA, whose terms of reference were finalised on Wednesday, were some of the measures he suggested to diversify trade relations and address the imbalance.

from Times of India https://ift.tt/AP9j5N0