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India-Russia Trade Will Continue Despite Western Sanctions: Russian Envoy

India-Russia Trade Will Continue Despite Western Sanctions: Russian Envoy

NDTV
Wednesday, July 06, 2022 01:14:10 AM UTC

Alipov said the withdrawal of many western companies from the Russian market opens up many new opportunities for Indian businesses.

 Russia's envoy Denis Alipov on Tuesday underlined the strength of bilateral ties with India, saying the positive dynamics of trade between the two countries will continue despite the West's sanctions against Moscow.

In an interview with Sputnik News India, Alipov said there were certain difficulties with trade after the start of the Ukraine conflict but added that both countries have successfully overcome most of these barriers.

He said sanctions will certainly throw up challenges but the cooperation will continue based on common interests.

"Unfortunately, in the first months after the launch of the special military operation in Ukraine there were certain difficulties with supplying Russian goods to India and vice versa. However, today we have successfully overcome most of these barriers. We are confident that Indian exports to Russia (including science-intensive ones) will gain momentum in the near future," he said.

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