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Reuters
Reuters
Business
Krishna N. Das

Russia's Lavrov hopes to bypass sanctions in trade with "friend" India

India's Foreign Minister Subrahmanyam Jaishankar and his Russian counterpart Sergei Lavrov are seen before their meeting in New Delhi, India, April 1, 2022. @DrSJaishankar/Twitter/Handout via REUTERS

Russia will increase its use of non-Western currencies for trade with countries such as India, its foreign minister said on Friday, as he hailed New Delhi as a friend that was not taking a "one-sided view" on the Ukraine war.

Sergei Lavrov visited India to shore up support from a country Russia has long regarded as an ally a day after U.S. and British officials pressed India to avoid undermining the dollar-based financial system and sanctions imposed on Russia for its invasion of Ukraine on Feb. 24.

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