Comments by "红火树 RedFireTree" (@firetree2007) on "Vladimir Putin’s Big Praise For India’s PM Narendra Modi Ahead Of BRICS Summit | Watch" video.
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@RR-pc7yv again, it was from a Russian, then I asked the same question to AI,
Yes, it is true that India repaid a large portion of its debt to the Soviet Union in rubles, taking advantage of the massive depreciation of the ruble in the early 1990s, following the collapse of the Soviet Union.
During the Soviet era, India had accumulated substantial debt from purchasing Soviet military equipment and goods under a rupee-ruble trade agreement. When the Soviet Union collapsed in 1991, the value of the ruble fell drastically. India repaid the debt in rubles, which had lost much of their value due to hyperinflation and the economic turmoil in post-Soviet Russia. This arrangement was seen by many in Russia as a significant financial loss, as the rubles India used to repay the debt were worth far less than when the original loans were given. This issue has been cited as a point of contention in the historical economic relations between India and Russia.
However, it was part of the broader economic fallout from the Soviet Union's collapse, which impacted many countries that had been involved in similar trade agreements.
so save your BS to yourself, it shows how evil you treated someone you even considered as a friend.
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