Moscow and New Delhi in talks over free trade deal

India and Russia are holding discussions on a free trade deal to boost their growing economic ties, the countries’ foreign ministers announced on Monday at a business dialog meeting in New Delhi. According to Indian Minister of External Affairs Subrahmanyam Jaishankar, New Delhi is in “advance agreement” on a trade deal, which Russian Trade and…

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Sanctions force South Asian nation to ditch dollar payments to Russia – Nikkei Asia

Bangladesh will repay a loan for the construction of its first nuclear power plant in Chinese yuan Bangladesh is set to make loan repayments in Chinese yuan for its nuclear power plant being built by Russia, as a way to sidestep Western sanctions, Nikkei Asia reported on Monday.

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EU weighs in on Poland and Hungary’s ban on Ukrainian grain

Any trade policy decisions within the bloc are an “exclusive competence” of Brussels, the EU Commission said Brussels has slammed a decision by Poland and Hungary to ban agricultural imports from Ukraine. Such actions are “unacceptable” and go against the bloc’s rules, a spokesperson for the EU Commission said in an emailed statement to the…

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