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13/08/2019 03:46pm

Commerce Minister urges companies in both India & Russia to come together to discuss partnerships directly

image Commerce Minister urges companies in both India & Russia to come together to discuss partnerships directly

New Delhi, Aug 13 (KNN) Commerce and Industry Minister Piyush Goyal has urged companies in both India and Russia to come together to discuss partnership opportunities directly with each other, and to come up with concrete project proposals and substantial outcomes.

Goyal led a high-power delegation of Chief Ministers of Haryana, Gujarat, Uttar Pradesh and Goa and about 140 Indian companies to Vladivostok in Russia from August 11-13, 2019.  

In the Plenary Session attended by close to 400 delegates, Russia’s Deputy Prime Minister, Yuri Trutnev and Commerce Minister of India underlined the need to diversify and deepen trade links in priority sectors, in order to meet the trade target of USD 30 billion by 2025.

The Plenary Session culminated with the signing of MoUs between regions of the Russian Far East and five states of India to expand and strengthen cooperation in the areas of trade, economy, investment, scientific and technical cooperation.

While delivering the address in Russian language, Chief Minister of Haryana, Manohar Lal Khattar d invited Russian investors to Gurugram and Haryana.

Goa Chief Minister, Dr. Pramod Sawant also extended an invitation to Russian businessmen to actively participate in the upcoming ‘Vibrant Goa Global Expo and Summit’.

Uttar Pradesh, Yogi Adityanath in his address, emphasized on collaboration in the field of energy, agriculture and food-processing.

Gujarat Chief Minister, Vijay Rupani spoke in particular of the possibilities of collaboration in gold and diamond mining, and application of latest technology for utilization of natural resources.

About 200 Russian companies, Investment Agencies and Funds took part from the Russian side.

Companies interacted separately with identified partners in an expanded B2B format and established contacts for further deliberations. The companies belonged to a wide cross-section of priority sectors, including minerals and rare earth, energy, forestry and timber, healthcare, agriculture and food processing, ceramics, tourism and infrastructure.

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