Last week, Bangladesh Prime Minister Sheikh Hasina visited India to strengthen bilateral economic co-operation and India suggested greater economic cooperation with Russia at the Eastern Economic Forum in Vladivostok. Finance Minister Nirmala Sitharaman said importing Russian oil at discounted prices was part of inflation management.
On the other hand, Commerce Minister Piyush Goyal spoke of greater export potential through trade deals, crude oil prices went below $90 per barrel despite production cuts by major oil-producing countries and our government imposed a 20 per cent duty on rice exports.
Also, Japan and India agreed to increase cooperation in defence and emerging
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