Opening Asia for Russia

Business landing force from India landed in the Far East of Russia

14.08.2019 155 просмотров

The parties intend to significantly intensify trade, economic and investment cooperation.

representative Indian business mission held talks in Vladivostok with Russian officials and entrepreneurs headed by Indian Minister of Trade and Industry Piyush Goyal. The event was attended by Deputy Prime Minister, Plenipotentiary Representative of the President of Russia in the Far Eastern Federal District Yury Trutnev. 
India is waiting for Russian

The Indian delegation included the heads of four Indian states - Haryana, Gujarat, Uttar Pradesh, Goa, as well as the Indian Ambassador to Russia D.B. Varma Venkatesh, senior officials and representatives of more than 130 companies. From the Russian side, the head of the Ministry for the Development of the Far East Alexander Kozlov, heads of the Far Eastern regions, representatives of federal authorities, heads of more than 120 companies took part in the negotiations. 

According to Yu. .

“Russia has always felt and still has respect for India, its culture, traditions and art. At the same time, the volume of trade economic ties is still modest. We have hope that today's visit of the delegation can open a new page in relations,” he said. 

Y. Trutnev told the Indian guests in detail about the course and plans for the development of the Russian Far East. In particular, they discussed the tax and investment regimes operating within the Advanced Development Areas (TDA) and in the Free Port of Vladivostok (FPV). 

“We are waiting for the visit of Indian Prime Minister Narendra Modi to the WEF. I am sure that the contacts between the leaders of our countries will improve the overall investment climate, will create confidence among businessmen in the safety of the investments being made,” the Deputy Prime Minister emphasized.

He noted with satisfaction the interest of Indian partners in cooperation in such areas as energy , agriculture, timber processing, infrastructure construction, as well as high technology and IT-sphere.

In turn, the Minister of Trade and Industry of India, Piyush Goyal, said that "the largest delegation that India sent when -or to another country.”

“This reflects the importance of Russian-Indian cooperation for us. Our visit shows India's consistent interest in the Far East at the level of our government and regions. We attach great importance to the development of trade and investment cooperation,” the minister said.

He stressed that the top leadership of the two countries has set the task of bringing the volume of mutual trade to $30 billion. priority areas of cooperation with the Russian Far East. These are agricultural production, development of the Northern Sea Route, development of oil and gas fields, mining of coal and other minerals, timber industry, diamond manufacturing. . Thus, the Republic of Buryatia and the state of Maharashtra are planning cooperation in the field of engineering and tourism. The Trans-Baikal Territory and the state of Uttar Pradesh have agreed on cooperation in the field of agriculture and the food industry.

The Kamchatka Territory and the state of Goa are planning to cooperate in the field of the coal industry and tourism. The Sakhalin Region and the State of Haryana outlined prospects for cooperation in the field of the oil and gas industry.
The Republic of Sakha (Yakutia) and the State of Gujarat intend to discuss the implementation of projects in the field of the diamond industry. 

Новости партнёров

Subscribe to Big Asia Newsletters

Subscribe and don't miss exclusive news