ID :
128780
Sun, 06/20/2010 - 08:37
Auther :
Shortlink :
https://oananews.org//node/128780
The shortlink copeid
India Corp's presence in Russia significant: Putin
Moscow, Jun 19 (PTI) Russian Prime Minister Vladimir
Putin Saturday evinced Moscow's interest in India's
"significant presence" in Russia's pharmaceutical and IT
sectors, and said it would go a long way in consolidating the
strategic partnership between the two countries.
He also expressed satisfaction over the developing
economic interaction between the two countries.
During Putin's 75-minute meeting with Indian Commerce and
Industry Minister Anand Sharma at his countryside residence,
Novo-Ogoryovo, Putin also said that he was satisfied by the
7.5 per cent growth in bilateral trade in Q1 of the current
year.
He said that they hoped to achieve the US 10-billion
target by the end of 2010.
"Prime Minister Putin evinced interest in India's
significant presence in Russia’s pharmaceuticals and IT
sectors, which have been identified among the six priority
areas of cooperation," Sharma told reporters.
Cooperation in space, energy, mining and telecom were
other priorities identified by the two prime ministers during
Putin's New Delhi visit in March.
Sharma said that seven Indian companies have come forward
to invest in various ventures for producing affordable generic
drugs and antibiotics in Russia, and two MoUs were about to be
inked already.
Describing his meeting with Putin as "comprehensive,
substantive and significant", Sharma said that a whole range
of bilateral issues, including Defence, were reviewed during
the parleys.
He, however, declined to comment on Defence issues as
they were not under his jurisdiction.
Sharma said the issues relating to nuclear and
conventional energy were also discussed during his meeting
with Putin.
"We have enormous interest in enhancing investments in
Russian oil and gas assets, including Sakahlin-3 project, and
an ONGC team will be visiting Russia shortly to assess the
Yamal gas fields offered by Moscow," Sharma said.
He also urged Prime Minister Putin to intervene in the
Sakahlin-3 project as the Russian Gazprom natural gas monopoly
had decided to not involve foreign partners in the development
of huge deposits.
In the nuclear energy cooperation field, Sharma described
Russia as 'a truly strategic partner' that is already
building two nuclear reactors in Tamil Nadu's Kudankulam and
is likely to build six more, including two at a new site in
Haripur (West Bengal), in eastern India.
Sharma, who arrived in Russia for a three-day visit on
Thursday night, Friday attended the plenary session of the
14th St Petersburg International Economic Forum (SPIF).
On the sidelines of the SPIF in St Petersburg, he
reviewed the progress in six priority areas during his "very
fruitful" meetings with Deputy Prime Minister Sergei Sobyanin
and Industry & Trade Minister Viktor Khristenko.
Sharma will leave Moscow for Madrid on Saturday for
co-chairing the India-Spain joint commission. PTI VS
RBT
Putin Saturday evinced Moscow's interest in India's
"significant presence" in Russia's pharmaceutical and IT
sectors, and said it would go a long way in consolidating the
strategic partnership between the two countries.
He also expressed satisfaction over the developing
economic interaction between the two countries.
During Putin's 75-minute meeting with Indian Commerce and
Industry Minister Anand Sharma at his countryside residence,
Novo-Ogoryovo, Putin also said that he was satisfied by the
7.5 per cent growth in bilateral trade in Q1 of the current
year.
He said that they hoped to achieve the US 10-billion
target by the end of 2010.
"Prime Minister Putin evinced interest in India's
significant presence in Russia’s pharmaceuticals and IT
sectors, which have been identified among the six priority
areas of cooperation," Sharma told reporters.
Cooperation in space, energy, mining and telecom were
other priorities identified by the two prime ministers during
Putin's New Delhi visit in March.
Sharma said that seven Indian companies have come forward
to invest in various ventures for producing affordable generic
drugs and antibiotics in Russia, and two MoUs were about to be
inked already.
Describing his meeting with Putin as "comprehensive,
substantive and significant", Sharma said that a whole range
of bilateral issues, including Defence, were reviewed during
the parleys.
He, however, declined to comment on Defence issues as
they were not under his jurisdiction.
Sharma said the issues relating to nuclear and
conventional energy were also discussed during his meeting
with Putin.
"We have enormous interest in enhancing investments in
Russian oil and gas assets, including Sakahlin-3 project, and
an ONGC team will be visiting Russia shortly to assess the
Yamal gas fields offered by Moscow," Sharma said.
He also urged Prime Minister Putin to intervene in the
Sakahlin-3 project as the Russian Gazprom natural gas monopoly
had decided to not involve foreign partners in the development
of huge deposits.
In the nuclear energy cooperation field, Sharma described
Russia as 'a truly strategic partner' that is already
building two nuclear reactors in Tamil Nadu's Kudankulam and
is likely to build six more, including two at a new site in
Haripur (West Bengal), in eastern India.
Sharma, who arrived in Russia for a three-day visit on
Thursday night, Friday attended the plenary session of the
14th St Petersburg International Economic Forum (SPIF).
On the sidelines of the SPIF in St Petersburg, he
reviewed the progress in six priority areas during his "very
fruitful" meetings with Deputy Prime Minister Sergei Sobyanin
and Industry & Trade Minister Viktor Khristenko.
Sharma will leave Moscow for Madrid on Saturday for
co-chairing the India-Spain joint commission. PTI VS
RBT
