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Indian Firms Signed Contracts To Receive Export Payments From Russia in Yuan: Pharma CEO_我的网站

刀马旦

A | 9月21日，市委副书记、市长王庆海会见中国外运东北有限公司党委书记、总经理辛允一行，就加强双方务实合作进行深入交流。　　王庆海对辛允一行的到来表示欢迎。 Sputnik spoke with Dr. D. B. Bhaaskara, CEO of the multinational company Roerich Healthcare, about the current state of pharma trade with Russia.,Sputnik: Can you explain the current state of pharma supplies to Russia?,D. B. Bhaaskara: Currently, pharmaceutical shipments of Indian firms to Russia are at the same level even after the sanctions. But, there are many proposals (supplies) that Russians are not getting from the European Union. Russians are looking for these materials (chemicals, excipients, APIs [Active Pharmaceutical Ingredients]) with several Indian manufacturers. They have to develop links with Indian firms. There are many proposals from Russia - these proposals are under consideration from the Indian side.,Sputnik: There were reports of delayed payments from Russia initially after sanctions. As we see, trade has jumped manifold in the energy and fertilizer sectors. Do you think payment issues have been resolved in other sectors as well?,D. B. Bhaaskara: Several Indian companies have signed contracts in yuan, which means they are ready to receive payment in China's yuan. Still, the preferred mode of settlement is in the Indian rupee. As export procedures closed successfully in USD/euro/INR, Russians set aside yuan contracts.,My company is receiving regular payment without any delay in Indian rupees or USD or sometimes in euros.,Sputnik: What about logistical issues, as sanctions hit the shipping sector?,D. B. Bhaaskara: The logistical issues are still there because few airlines — namely Aeroflot, Emirates, Qatar, and Turkish — are available for transportation. Transportation costs are slightly high because of no regular cargo consignments. They vary between $8-12 per kg compared to $5 per kg in a normal situation.,Cargo sea shipment is still in a mess. The only port in Gujarat accepts Russian shipping. Here again, the container price is very, very high. We have to pay anything between $9,000 - 12,000 for a container. When there was no conflict or sanctions, it was $2,500 per container.,We have tried to send our shipments via Iran. So, from Gujarat port, the shipment reaches an Iranian port, and from there, it goes via road or rail to Moscow. But, it is taking a much longer time. In general, it is supposed to arrive in 30-40 days, but on an experimental basis, some companies sent their materials via the Iran route, [and they are] still on their way even after two months.,Shanghai is very crowded and has also been hit by the pandemic, making it unsuitable for us. So, the only problem right now is logistics; there is no payment issue.,Some Russian companies have an account with European banks operating in Russia dealing in oil and gas payments. Those banks are being used to send money anywhere worldwide, even with sanctions.,Sputnik: Western firms intended to withdraw their operations in Russia in response to Moscow's special military operation. Do you see some significant investments from Indian pharma companies in Russia to fill the vacuum created by the west?,D. B. Bhaaskara: There are long-pending proposals from a couple of governors, such as [in] Volgograd and Kazan, inviting India's major pharma companies to set up manufacturing units in their region. But, due to the pandemic, nothing moved ahead.,A delegation will be going to Russia to explore the opportunities in Russia in July. A few Indian companies, such as Sun Pharma and Advance Pharma, have manufacturing units in Russia doing finished formulations.,Hopefully, some new companies are interested in setting up units there now. But, Russia is looking to scale up raw material manufacturing, e.g., API. For this, much homework related to regulation should be done between the two governments, especially under sanctions.,Also, big companies such as Sun Pharma, Aurbindo, and Dr. Reddy, all with significant exposure to the US market, may try to avoid investing in Russia because they are scared of the risk associated with sanctions.,Medium-scale companies can come forward to set up raw material (API) manufacturing in Russia. However, it is unclear whether Indian workers/professionals can go and work in Russia. Setting up a new unit in unknown topography with a different language and culture is a little complicated. A lot of these questions are unanswered.。

B | 他指出，中国外运是我国大型综合性物流龙头企业，在物流和航运方面拥有雄厚实力。当前，抚顺正深入学习贯彻党的二十届三中全会精神，坚决贯彻落实习近平总书记关于东北、辽宁、抚顺全面振兴重要讲话和指示批示精神，笃定高质量发展，奋力实施全面振兴新突破三年行动，全力推动产业转型、城市转型、社会转型。希望双方依托东北海陆大通道、沈阳国家中欧班列集结中心建设，积极发挥抚顺跨境电子商务综合实验区示范作用，建立常态化交流会商机制，充分发挥中国外运公司口岸、物流、仓储等优势，支持抚顺扩大外贸进出口规模、提高对外开放水平，在物流通道建设、跨境电商、产业招引等方面深化合作，共同推动我市外向型经济发展迈上新台阶。抚顺市将为企业提供优质服务、营造良好环境，形成互利互惠、合作共赢的良好局面。　　辛允对抚顺市近年来经济社会发展取得的成绩感到振奋。他表示，抚顺拥有良好的区位优势、资源禀赋和产业基础，投资环境良好、发展潜力巨大，与公司发展方向高度契合。企业将进一步深化与抚顺市务实合作，共同搭建对外贸易合作平台，在基础设施建设、现代物流产业发展等方面拓展合作空间，为推动抚顺经济社会高质量发展作出积极贡献。　　副市长王进参加会见。