Denis Manturov and Minister of External Affairs of the Republic of India Subrahmanyam Jaishankar have co-chaired the 26th meeting of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technical and Cultural Cooperation
Denis Manturov and Minister of External Affairs of the Republic of India Subrahmanyam Jaishankar have signed the minutes of the India-Russia Intergovernmental Commission’s 26th meeting
Denis Manturov and Minister of External Affairs of the Republic of India Subrahmanyam Jaishankar
Denis Manturov and Minister of External Affairs of the Republic of India Subrahmanyam Jaishankar have co-chaired the 26th meeting of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technical and Cultural Cooperation
First Deputy Prime Minister Denis Manturov and Minister of External Affairs of the Republic of India Subrahmanyam Jaishankar held the 26th meeting of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technical and Cultural Cooperation.
Bilateral trade increased by a factor of seven over the past five years. India is one of Russia’s three largest foreign trade partners.
“With the increase of trade, its assortment is also increasing. In addition to the traditional and stable supplies of energy commodities to India, Russian exports also include mineral fertiliser, metallurgy and timber industry products, diamonds, power engineering equipment and foods. In its turn, our country imports from India agricultural products, medicines and pharmaceutical substances, light industry products, industrial raw materials, equipment and components,” noted Denis Manturov.
The First Deputy Prime Minister underscored the importance of sustained endeavours to prepare a free trade agreement between the EAEU and India, as well as to ensure uninterrupted mutual settlements between the two countries.
Furthermore, the meeting addressed collaboration in the chemical industry, metallurgy, transport engineering, and digital technologies. Particular attention was paid to cooperation in the energy sector. The First Deputy Prime Minister highlighted the potential for expanding supplies of Russian LNG to India.
Another traditional pillar of Russian-Indian relations is cultural collaboration. Positive momentum has been observed in educational exchanges, whilst cultural ties continue to flourish, including in the realm of cinematography. Plans are underway for the autumn 2025 release of the Russian-Indian film Zhemchug (Pearl).
“Against the backdrop of active cross-cultural exchange, mutual tourist flows are steadily increasing. Particularly noteworthy is the growing interest in Russia among Indian citizens. In the first half of this year alone, the number of Indian tourists visiting our country rose by 25 percent,” noted Denis Manturov.
Regarding media cooperation, the First Deputy Prime Minister outlined plans for the Russia Today media holding to launch the RT India television channel in New Delhi by the end of the year.
Following the meeting, the First Deputy Prime Minister of the Russian Federation and the Minister of External Affairs of India signed the final protocol of the 26th session of the Russian-Indian Intergovernmental Commission on Trade, Economic, Scientific, Technical and Cultural Cooperation.
On the sidelines of the meeting, a business forum was held, discussing prospects for comprehensive collaboration and the expansion of commercial ties between Russia and India. Denis Manturov invited Indian colleagues to attend the Eastern Economic Forum in Vladivostok in September, the Russian Energy Week in Moscow in October, and the Innoprom industrial exhibition in Yekaterinburg next July.
