NEW DELHI, 07 April 2022, (TON): Talking about the Rupee-Rouble transaction arrangement between India and Russia, External Affairs Minister S Jaishankar said “the government's effort is to stabilize economic transactions between the two countries in light of close partnership.”

Mr Jaishankar made the remarks while replying to a question from Congress's leader in the Lok Sabha, Adhir Ranjan Chaudhary on India's transactions with Russia, in light of sanctions on the latter, during a Rule 193 discussion on the situation in Ukraine.

Mr Jaishankar said "Our effort today is to stabilize economic transactions between India and Russia because this is very important for us. Russia is a very important partner in a variety of areas and I think all honourable members (of Parliament) understand that.”

he said "at the moment there is an inter-ministerial group, which is led by the finance ministry, which is seeing how the payments issue can be best addressed. There are experiences from the past which are relevant in this regard."

He added "but I think this is quite honestly an issue where the Finance Minister would finally have to take the call.”