Russian Far East and India have greater plans for 2017

23 December 2016 TASS
The Russian Far East Federal District plans to establish cooperation with India in 2017, prior to the Third East Economic Forum scheduled in autumn 2017.
Yury Trutnev
Yury Trutnev, Deputy Prime Minister and Presidential Plenipotentiary to the Far Eastern Federal District. Source:Ekaterina Shtukina/RIA Novosti

Yuri Trutnev, Deputy Prime Minister and Presidential Envoy for the Russian Far East, has plans to intensify efforts to establish economic cooperation between the Far Eastern Federal District and India in 2017. In an interview with TASS, he said this measure was being scheduled to coincide with India’s participation in the Third East Economic Forum (EEF), which is due to be held in the autumn of 2017.

“India is really an important neighbour, and we must seriously think about working together. I think, it makes sense to work out issues of closer cooperation with Indian companies, to see what we can work on together,” said Trutnev.

He said, “in 2017, we are planning to organize a Russian business mission to India.”

Russian President Vladimir Putin and Indian Prime Minister Narendra Modi, agreed to actively involve India in the Third East Economic Forum in 2017, after their meeting in Goa in October.

In a statement released after their talks on October 15, the leaders noted that “Russia welcomed the intentions of the Government of India to focus on promising areas of cooperation in the Russian Far East, to participate actively in the East Economic Forum in 2017, to organize a round table with the involvement of the governors of the Far Eastern regions of Russia and chief ministers of a number of Indian states, to explore trade and investment potentials in agriculture, the mining sector, sea transport, etc.”

The Second East Economic Forum was held on September 2,3, 2016 in Vladivostok. Around 2,400 people attended the forum, among whom were delegations from China, Japan, South Korea, India, Vietnam, Australia, USA, Singapore and other countries. The discussions focused on opportunities for investors, business support mechanisms and tools, infrastructure and energy projects.

First published in Russian by TASS.

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