Lavrov: India Offers Investment Options for Russian Funds, Arms Deals Continue Despite Sanctions

Russia's Foreign Minister Sergei Lavrov said India will offer Moscow options to invest billions of rupees accumulated from exports.
Lavrov said Russian arms contracts with India remain despite payment issues caused by Western sanctions over Ukraine.
Lavrov claimed diplomatic victory at G20, saying the summit text doesn't mention Russia and West failed to 'Ukrainize' the agenda.
Lavrov criticized the West, saying promises of climate change funds were not fulfilled.
Lavrov praised India's G20 presidency for consolidating voices of Global South countries like BRICS.

livemint.com

Relevant topic timeline:

9/10/2023

India Proposes Investment Options for Russia's Rupee Surplus

Russia has accumulated billions of rupees in Indian banks, but cannot currently use the funds, although India has proposed investment opportunities for the money, according to Russian Foreign Minister Sergei Lavrov.