This is the second meeting of EAM Jaishankar with the Russian Deputy Prime Minister, during the course of his Indian visit. On Monday, Jaishankar and Manturov met representatives of Russian and Indian businesses at the India-Russia Business Dialogue in New Delhi.
Jaishankar spoke about the expansion of the correspondent relationship network under International Trade Settlement in Indian Rupees through Special Rupee Vostro Account system.
Union Minister of Commerce and Industry Piyush Goyal met Russian Deputy Prime Minister Denis Manturov on Monday. Officials from the Indian and the Russian sides participated in the meeting.
National Security Adviser (NSA), Ajit Doval on Monday met Russian Deputy Prime Minister and Minister of Industry and Trade, Denis Valentinovich Manturov and discussed a range of bilateral issues to implement the India-Russia strategic partnership.
External Affairs Minister S Jaishankar on Monday said that India and Russia have crossed bilateral trade target of USD 30 billion before 2025 adding that it is expected that the trade will continue to increase.
"That's one of the issues which we just discussed with your colleague, so because of lack of input from India, it's not enough to use the Rupee so we need to boost the trade from India and then in this case we are looking at balance like for example, we have with China. We have USD 200 bi
Addressing the Russia-India Business Dialogue, Manturov who is also the Russian minister of industry and Trade said, "Together with Eurasian Economic Commission, we are looking forward to intensifying negotiations on Free Trade Agreement with India."
On the first day of his visit, Manturov will co-chair the 24th India-Russia Inter-governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation (IRIGC-TEC)
The India-Russia friendship walkathon is dedicated to the 76th anniversary of diplomatic relations between Russia and India and was held at Besant Nagar Elliots beach road in Chennai. At the walkathon, people were holding Indian and Russian flags in their hands.
On Wednesday, as a part of the business mission to India, President of the Chamber of Commerce and Industry of the Russian Federation Sergey Katyrin opened the office.
The forum discussion started on March 29 and will continue till tomorrow March 30. The purpose of the meeting is to strengthen Indian-Russian business ties and support the entry of Russian companies into the Indian market.
"While on a visit to #NewDelhi, #Russia'n Security Council Secretary Nikolai Patrushev met with #India's National Security Advisor to the Prime Minister of India Ajit Doval," Russian Embassy in India tweeted on Wednesday.