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14 of October, 18:53

Ambassador: it
India And Russia now is the time to take advantage of its benefits And to improve their economic And technical cooperation, said the Ambassador of India in Russia poondi canal Srinivasan Raghavan in the process of the sixth forum " Russia-India business dialogue " opened in MIA " Russia today ".

The organizers of the event were non-profit partnership " the Indian business Alliance (IBA) And the Business Council for cooperation With India in the Trade-industrial chamber of the Russian Federation (VSS).



" I think that at the present time, there are remarkable external factors, as Russia drew his own gaze to the East, in order to improve their economic And technical cooperation. India for its part, considers the Russian Federation. I think now is the right time to take advantage of existing in our countries ", - said the diplomat.

The US And the EU against the background of falling in Ukraine has imposed punishment on the Russian politicians, businessmen And organizations, as well As among them limited access to their financial markets For the largest Russian credit organizations. Russia, With his own hand, in the last month of summer has imposed an embargo on the import of some food items from these countries. To fill this niche on the Russian market has Already prepared a number of other countries, And among them Turkey, China, CIS countries, as well As domestic producers.

According to the Ambassador, the main aim of the business forum " Russia-India business dialogue, And the main task of the governments of the two countries is to " fill the gap of ignorance about the capabilities of each of a loved one, in order to fully utilize the possibilities that exist in our countries ' mutual interests."

" I think that the program " Do in India " in no way contradicts the program " Do in Russia." There are very many projects And areas where you have the ability to produce the right products in India With the use of both price And technology. And the same thing we can do in the Russian Federation For the benefit of India. Our government conducts dialogues on this issue ", - said the Ambassador.

" When we talk about Indian initiative " Do in India ", we mean that in India there are currently much better rules For foreign factories, so they came And made their products from us. These include improving infrastructure, improving workforce skills, simplifying customs And management ", - said the diplomat.



The situation With the introduction of sanctions from the European Union, as well As the response of the Russian trade embargo opens fresh opportunities For Indian businessmen, believe And other participants of the forum " Russia-India business dialogue ".

for example, the advantages For Indian business due to Western sanctions sees the head of the Board of Trustees of the all-Russian public organization " OPORA Russia " Sergey Borisov.

" we have formed clusters, which we have long fought. You can already count 25 territorial production complexes, more than half are supported directly by the state, they Already have their alliances With Indian entrepreneurs. Today's International Situation of Ukraine, gives Even more possibilities. Imagine, $ 40 billion is losing the European market because of sanctions. Please, we gladly open the doors, And they were always open, And Indian businessmen have the opportunity in a huge number of ways to start your own business in Russia, " said Borisov.



according to the comments of the Vice-President of the CCI of the Russian Federation Georgy Petrov, who also took part in the Russian-Indian forum, Russia sees India as the most promising partner For the Russian non-resource exports.

According to Petrov, Russia's exports to India more than 30% for machinery, equipment And vehicles. In General, he showed, in Russian exports to non-CIS countries this group of items is not more than 5%.

" From this point of view we consider India as the most promising And important partner For the Russian production of non-commodity exports. And With regard to those tasks, which are determined by the President And the export strategy, which in the near future must approve the government, (And This is an increase of non-resource exports each year until 2020 6%), of course, we hope that our trade With Indian partners can play a very important role, " drew the attention of the Vice-President of the CCI of the Russian Federation.

reviews Petrova, non-profit partnership " the Indian business Alliance uniting Indian organizations operating in Russia, has become an important And significant tool in the development of bilateral cooperation.

" in recent years Our trade and economic cooperation has been very good path. Back in 2000, the trade turnover between our countries was not more than $ 2 billion. And last year it amounted to 10 billion dollars. This is a good indicator, And India is Already one of the twenty leading trade partners of Russia ", - he added.


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