First-ever India Russia Strategic Economic Dialogue held at St. Petersburg
The Indian side is being led by NITI Aayog Vice Chairman Rajiv Kumar, with the Russian delegation headed by Economic Development Minister Maxim Oreshkin.
The delegations from both of the countries discussed the development of bilateral ties in trade, investment, and industry at the platform provided by the two-day forum
The two-day forum is also expected to bring together key business figures from both countries.
The participants will discuss the development of bilateral ties in trade, investment, technology and industry.
Transport, agriculture and agro-processing, Small and Medium Enterprises, digital transformation and frontier technologies and industrial cooperation are some of the key areas of focus.
To improve bilateral trade to $ 30 billion by 2025, India and Russia have agreed to alienate of obstacles to trade. Both the countries are aiming to improve bilateral trade which was recorded with 21.5 percent growth last year.