November 17, 2010 1:57 PM

printer

16th Indo-Russian Inter-governmental Commission meeting beginning in New Delhi tomorrow

Several new agreements are expected to be finalised in the 16th Indo-Russian Inter-governmental Commission meeting beginning in New Delhi tomorrow. The Commission on trade economic, scientific technological and cultural cooperation will focus on expanding economic partnership between the two countries. Briefing reporters in New Delhi, Joint Secretary in the Ministry of External Affairs Ajay Bisaria said some more understandings are also expected to be reached before the summit level meeting between the Prime Minister Dr. Manmohan Singh and the Russian President Dmitry Medvedev next month. All the pacts and MOUs are expected to be signed during the Russian President's visit to India. The joint commission meeting will have a comprehensive review on all ongoing projects. External Affairs Minister S.M. Krishna will lead the Indian side in the talks while the Russian side will be led by Deputy Prime Minister Sergei Ivanov. Mr. Basaria said that a number of future projects will also be identified in the meeting. They include food processing, construction and engineering services, financial services and tele medicine etc. The Commission will also look at the ways to strengthen bilateral cooperation in pharmaceuticals, energy, both conventional and civil nuclear, IT and Telecommunications besides advanced and applied sciences and high technology. The Russian Deputy Prime Minister to be accompanied by a high level official delegation and a large group of industry representatives will arrive in New Delhi later this evening. Both countries have set-up a trade target of 20 billion US dollars by 2015. AIR correspondent reports that the trade between the two countries has registered a robust growth of 24 per cent in the first seven months of the current fiscal. In a related development, Prime Minister's special envoy to Afghanistan and Pakistan Satinder Lamba has said that India and Russia should work together to shape a viable world architecture and new security paradigm. Delivering the inaugural address at the two- day conference on the emerging global order in New Delhi, he described existing strategic partnership between India and Russia has an essential building block and stress the need to a new security paradigm that is inclusive of pluralistic and cooperative in which legitimate security interests of all are protected.

Most Read
View All arrow-right

No posts found.