Manturov hoped for a conclusion of a Free Trade Agreement (FTA) between the Eurasian Economic Union (EAEU) and India and also a bilateral agreement on services and investments. There was talk on expanding cooperation between Russian and Indian banks as at present the share of settlements in national and alternative currencies is 90 per cent.”It is equally important to coordinate efforts in the transport sector. We are interested in expanding direct air traffic between our countries. We expect to increase the frequency of flights, develop the route network, and resume flights of Indian air carriers,” said Manturov.Discussions were held on cooperation in energy, engine building and microelectronics, chemistry, metallurgy, digital technologies, railway engineering, as well as space exploration.India and Russia also discussed humanitarian cooperation, education exchange and recognition of educational degrees.
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