India, Russia should diversify trade basket by going beyond traditional sectors: Shringla
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Last Updated: Feb 18, 2021, 03:31 PM IST
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Addressing a meeting hosted by the Diplomatic Academy of Russian Ministry of Foreign Affairs on Wednesday, Shringla said India-Russia trade, amounting to USD 10.11 billion in FY 2019-2020, is far below the potential.
Agencies
One of the steps taken to enhance trade is the commencement of negotiations in August 2020 for the India- Eurasian Economic Union (EAEU) Free Trade Agreement, Shringla said.
India and Russia should diversify their trade basket and economic exchanges by going beyond the traditional sectors and cooperating in new areas like railways, transport and logistics, pharmaceuticals, minerals and steel that will add momentum to the bilateral ties, Foreign Secretary Harsh Vardhan Shringla has said.
1118 Foreign Secretary Harsh Vardhan Shringla (R) with Russia’s Foreign Minister Sergei Lavrov in Moscow on Wednesday. PTI
Moscow, February 17
Foreign Secretary Harsh Vardhan Shringla on Wednesday had “fruitful and productive” meetings with top Russian diplomats on bilateral issues as well as regional and global issues of mutual interest.
The two sides discussed ways to further strengthen the bilateral Special and Privileged Strategic Partnership.
Shringla, who arrived in Moscow on his first foreign visit this year, called on Russian Foreign Minister Sergey Lavrov and conveyed greetings of External Affairs Minister S Jaishankar.
“They discussed the wide-ranging Special & Privileged Strategic Partnership between India and Russia and ways to further strengthen it,” the Indian Embassy tweeted.
Foreign Secretary Shringla calls for greater interaction among strategic affairs analysts of India and Russia
Updated:
Updated:
February 18, 2021 15:47 IST
India and Russia should diversify trade basket by going beyond traditional sectors, says Foreign Secretary Harsh Vardhan Shringla
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Foreign Secretary Harsh Vardhan Shringla called for greater interaction among the think tanks and strategic affairs analysts of India and Russia in line with their strong comprehensive bilateral cooperation. Photo: Twitter/@IndEmbMoscow
India and Russia should diversify trade basket by going beyond traditional sectors, says Foreign Secretary Harsh Vardhan Shringla
Foreign Secretary Harsh Vardhan Shringla on February 18 highlighted the unique nature of India’s close and trust-based partnership with Russia, as he called for greater interaction among the think tanks and strategic affairs analysts of the two nations in line with their strong comprehensive bilateral cooperat
Foreign Secretary Harsh Vardhan Shringla held a "productive" meeting with Russia's Deputy Foreign Minister Sergey Ryabkov on Thursday during which the two sides exchanged views on a number of issues concerning regional and global security. Shringla, who arrived in Moscow on his first foreign trip this year, also briefed Ryabkov about India's priorities during its BRICS
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