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By Nidhi Verma NEW DELHI (Reuters) -India is focused on stabilising its economic ties with Russia and is working to devise a payment mechanism to settle trade amid Western sanctions against Moscow for its invasion of Ukraine, the foreign ministry said on Thursday. India has called for an end to violence in Ukraine but refrained from outright condemnation of Russia, with which it has long-standing political and security ties. “We have an etablished economic relation with Russia. Given the current circumstance post development in Ukraine, I think there is an effort by both sides to ensure that t…