Russian Deputy PM Denis Manturov on India trip to meet Jaishankar to push investments & exports to Russia

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Key Points

Russian deputy prime minister Denis Manturov will be visiting India for four days beginning next weekend with an aim to push Indian exports and investments to his country amid a surge in bilateral trade...

Manturov, an old India hand, will hold an inter-governmental commission meeting with foreign minister S Jaishankar on April 17-18 on a variety of economic and business-related matters..

Trade and business ties received a big boost with two mega meets at the end of March and early April in New Delhi and the opening of an India office by the Russian Chamber of Commerce and Industry..

Sergey Katyrin, president of the Russian Chamber of Commerce and Industry, who visited New Delhi last week, said at an event that an important feature of cooperation is the high interest in developing business ties with India on the part of Russian small and medium-sized businesses...

Among the priority issues for which business expects support, Katyrin attributed the liberalisation of the customs, tax, visa regime; creation of effective investment protection mechanisms; improving the efficiency of existing and developing new transport and logistics routes; developing air traffic, including with the regions of Russia; developing and ensuring the availability of financial infrastructure; elimination of administrative barriers and other restrictions on the access of products to the markets of both the countries...

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