Source Pravda.Ru

Trade And Economic Relations Of Moscow With New Delhi Are A Major Theme Of Russian-Indian Summit Talks

The questions of intensifying trade and economic relations of Moscow with New Delhi are a major item of the agenda of the talks between the president of Russia and the Prime-Minister of India to be held in the Kremlin on Tuesday. As RIA Novosti was told in the Kremlin, "Russia is not satisfied with the quantitative indicators of trade and economic cooperation" with India in the civilian sphere. The trade turnover between the two countries stands at approximately 1.5 billion dollars per annum. But, in Moscow's opinion, this level "is far behind the potentialities" of Russia and India. Furthermore, one more problem worries Russia. A considerable part of goods is now supplied to Russia as payment by India of its state debt to the USSR. In 2004 India will fully pay off its debt, and the supplies of Indian goods to Russia may be substantially reduced. The Kremlin holds the view that to avoid these adverse effects, it is necessary to work out new, fully market and mutually advantageous mechanisms of trade and economic cooperation. Moscow would also like to change the orientation of the two countries' trade which is mainly oriented to raw-material flows. Farm produce accounts for 40 per cent of the import from India to Russia whereas the proportion of engineering products stands at a mere 6, and of pharmaceutical ones - at 8 per cent. As a Kremlin representative told RIA Novosti, both sides attach great importance "to more productive work of the intergovernment commission" set up in October 2000 during Vladimir Putin's visit to India. In the Kremlin's view, "the commission has not reached the peak of its effectiveness" so far. By RIA Novosti's information, during the talks the leadership of Russia will also touch upon such a problem as antidumping research in India with regard to the export of Russian metallurgical and chemical products. The Kremlin officials call it an "irritant" in Russian-Indian trade and economic relations.

A year after the constitutional referendum of December 4th, 2016 that saw the victory of the NAY and the blatant defeat of the government front that had proposed the referendum, it can be said with certainty that the trauma for the defeated is now past. But there is still fear in them, not so hidden either...

Italy: Free fall

On December 10, 1948 the Universal Declaration of Human Rights was adopted by the United Nations General Assembly, its thirty articles enshrining basic and fundamental rights guaranteeing dignity of the human person and equality for all, regardless of race, color, creed or gender. A pipe dream?

Human Rights Day: Let us hang our heads in shame
Comments
Human Rights Day: Let us hang our heads in shame
Putin makes first comment on Trump's Jerusalem decision
Putin makes first comment on Trump's Jerusalem decision
Pentagon can not accept Russia's victory over terrorists in Syria
Putin makes first comment on Trump's Jerusalem decision
Putin makes first comment on Trump's Jerusalem decision
North Korea has something bigger than nuclear bomb
Mikhail Saakashvili's bumpy ride in politics: From chewing his tie to climbing on rooftop
North Korea has something bigger than nuclear bomb
North Korea has something bigger than nuclear bomb
North Korea has something bigger than nuclear bomb
North Korea has something bigger than nuclear bomb
Russia unveils the date for the launch of the superbridge to Crimea
Pentagon can not accept Russia's victory over terrorists in Syria
Putin: Russian servicemen return home from Syria as victors
Russian athletes announce their decision about 2018 Winter Olympic Games
Serbia forgives USA for 1999 bombings, forgets all victims, holds joint drills with NATO
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Why did Donald Trump recognise Jerusalem as the capital of Israel?