NEW DELHI, February 10. /TASS/. Mutual payments between Russia and India in national currencies are stable, with the share of such direct payments standing at around 90%, Russian Ambassador to New Delhi Denis Alipov said in an interview with TASS.

"Mutual payments in national currencies are stable. As of today, national currencies account for around 90% of direct payments between Russia and India," he said, adding that the talks on mutual recognition of Mir and RuPay payment systems are underway between the two countries.

Speaking about trade turnover, Alipov said that "according to Indian statistics, bilateral trade added 8.6% in 11M 2024 and amounted to $64.5 bln." "Russian exports reached $60 bln (up by 7.7%), while supplies of Indian goods rose to $4.5 bln (up by 23.3%). Russia is one of India’s four biggest trade partners, while in terms of the volume of products supplied it is the second-largest after China," he said.