Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, met separately with Russian First Deputy Prime Minister Andrei Belousov, and Deputy Prime Minister and Minister of Trade and Industry Denis Manturov.
During the visit, External Affairs Minister Jaishankar and Manturov Co-Chaired the 24th session of the Inter-governmental Commission which is a mechanism for monitoring the bilateral progress of trade and economic cooperation between the two countries. The Sides reviewed the entire gamut of
Manturov said, "Relations between Russia and India continue progressively developing in all directions. In 2022, despite negative external factors, positive dynamics in the Russian-Indian trade prevailed."
Nirmala Sitharaman and Denis Manturov exchanged views on strengthening economic and financial cooperation in areas of mutual interest to promote bilateral investment and trade.
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.
The business forum participants discussed issues to further enhance Russian-Indian practical cooperation, including within the Intergovernmental Commission
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.
Manturov is on a two-day visit to India to intensify negotiations on Free Trade Agreement with India and work on the signing of the Russia-India Bilateral Agreement for the Promotion and Protection of Investments.
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."