| Follow us on:
|
This is China’s first such currency deal with a G7 nation.
The present government had terminated the $500 mn airport project awarded to GMR.
The deal is likely to make Moscow China’s biggest energy supplier.
Putin has stressed that “de-offshorisation” is not a Russia-specific problem, but a threat to the global economy as well.
This would be the biggest sale of government securities so far this year.
Total trade between the two sides fell 3.7 per cent year-on-year last year.
Recent foreign investment data has led to concerns about slowing growth in the world’s second-biggest economy.
The bill is expected to be introduced to the country's State Duma early this autumn.
The first 30,000 bottles crossed the border to be delivered to shops in Moscow on Monday.
The Reserve Bank of India has cut its key interest rate three times this year.
