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Home > All news > India urges Russia to lower trade barriers for Indian exports amid rouble pile-up

India urges Russia to lower trade barriers for Indian exports amid rouble pile-up

January 5, 2026
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New Delhi - India is reportedly pressing Russia to ease trade barriers on Indian electronics, engineering goods, food products and fisheries in an effort to encourage Moscow to utilise $50-55 billion worth of roubles accumulated in bank accounts due to the oil-driven trade imbalance.Indian exporters are facing multiple hurdles in accessing the Russian market. In the electronics sector, software-related requirements imposed by Russian authorities have emerged as a key obstacle, while stringent standards are delaying shipments of engineering . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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