Proposal to settle trade between Russia and Bangladesh in Indian rupees under review

Ankush Verma, Published on Jul 29th, 2026

Proposal to settle trade between Russia and Bangladesh in Indian rupees under review

A proposal to settle trade between Russia and Bangladesh in Indian rupees is under review, officials in Bangladesh's Economic Relations Division indicated. Currently, Bangladesh is depositing loan instalments into a Sonali Bank account opened in Russia's name as an interim arrangement for repayment. These funds have not yet been transferred to Russia, and the issue leaves repayments unresolved.

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