Russia Assures Action on Trade Deficit Ahead of Putin’s India Visit

Russia Assures Action on Trade Deficit: Russia has acknowledged India’s concerns over the growing trade deficit and pledged corrective measures ahead of President Vladimir Putin’s visit to New Delhi. Kremlin spokesman Dmitry Peskov called for a new global trade system beyond dollar dependence.

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Russia has reaffirmed its commitment to addressing India’s concerns over the trade deficit, saying efforts are underway to balance bilateral trade. Speaking to Indian journalists, Kremlin spokesman Dmitry Peskov urged a new global trade system where dollar-based payments aren’t used politically. The statement comes ahead of President Vladimir Putin’s visit on December 4–5 for the annual India-Russia Summit with Prime Minister Narendra Modi.

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