BRICS CCI, in collaboration with Sberbank, organized a webinar on “Payment Mechanisms in Rupee-Ruble Bilateral Trade.” The session brought together experts from the banking and trade sectors to discuss emerging frameworks for facilitating smoother cross-border transactions between India and Russia. Key topics included alternative payment systems, use of national currencies, and strategies to reduce dependence on third-party currencies. 

The discussion highlighted opportunities in sectors like energy, defense, and pharmaceuticals, while emphasizing the need for policy support and institutional collaboration. The session also addressed regulatory challenges and practical considerations for businesses engaging in bilateral trade. It served as a valuable platform for fostering dialogue and promoting sustainable economic cooperation between the two nations.