India and Russia ink 9 agreements on trade, climate, research during PM Modi's Moscow visit
India and Russia ink 9 agreements on trade, climate, research during PM Modi's Moscow visit
MOSCOW: India and Russia inked nine MoUs and agreements on several areas, including trade, climate and research, during Prime Minister Narendra Modi's two-day high-profile visit to Moscow which concluded on Tuesday.
To facilitate a further increase in trade and joint investment projects between the Far East Region of Russia and India, the two countries inked a program of bilateral cooperation in trade, economic and investment spheres in the Russian Far East for the period from 2024 to 2029 as well as of cooperation principles in the Arctic zone of the Russian Federation, according to the list of agreements and MoUs released by the Ministry of External Affairs.
To facilitate investment by Russian companies in the Indian market by promoting and fostering investment cooperation, a Joint Investment Promotion Framework Agreement was inked between Invest India and JSC "Management Company of Russian Direct Investment Fund”.
