Russia wants to boost trade ties with India

The ambassador of the Russian Federation in India, Vyacheslav I Trubnikov, on Friday said the Russian government was very keen to have the Indian trading community to run their business in Russia.

KOLKATA: The ambassador of the Russian Federation in India, Vyacheslav I Trubnikov, on Friday said the Russian government was very keen to have the Indian trading community to run their business in Russia. At the same time, he felt it would take time for the Russian trading community to intensify trade with India.

Taking part in an interactive session with members of the Bharat Chamber Of Commerce in Kolkata, Mr Trubnikov said: “Our business community does not know much about today’s India. Similarly, Indian traders are not much aware of the changed scenario in Russia.

But our government is ready to encourage Indian traders, students and the business community to come to Russia and set up establishments.”

He said after the collapse of the erstwhile Soviet Republic, Russia had passed through a transition and would take some time to concentrate on running business establishments in India.

Replying to a question, Mr Trubnikov said currently, there had not been any alliance between Russia, China and India which could counterbalance any superpower in the world. “However, such an alliance among the three countries is always welcome and strategically required. Such an alliance in the future is not unlikely,” he added.

Mr Trubnikov also hoped that possibilities of developing business relations with India in sectors like space science, IT, biotechnology and metallurgy were very bright and that they must try to convince our government in this regard.
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Russian Federation, Kolkata consul general Vladimir Lazarev also attended the interactive session. Bharat Chamber of Commerce president PR Agarwala, in his welcome address, said: “Iron & steel is one of the traditional areas of strength of the Russian Federation. In recent years, West Bengal is growing from strength to strength in this sector.”

“Exchange of ideas and technologies can, therefore, lead to further opportunities in refinement of the technology and production of downstream steelbased items,” he added.

Mr Agarwala said: “The Russian Federation has considerable strength in glass and ceramics. This could be another area of mutual collaboration because we have tremendous scientific strength in this area.”
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