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Intergovernmental reforms in the Russian Federation: one step forward, two steps Directions in development ; public sector governance.
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They agreed to improve the structure of trade in goods and services, environment for entrepreneurial activities and investment, harmonize and refine relevant import and export procedures, streamline and standardize technical, sanitary and phytosanitary requirements.

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The work on promoting mutual settlements of payments in national currencies will be continued. The office of the Russian export support group established in Mumbai on the platform of the Russian Trade mission to India jointly with the Russian Export Center to promote bilateral trade and economic relations was welcome. The Sides noted the contribution of the St. Petersburg International Economic Forum and the —India-Russia Business Dialogue that took place on its sidelines this year to enhanced trade, economic and investment cooperation.

The Strategic Economic Dialogue has emerged as a promising mechanism aimed at promoting cohesive and mutually beneficial economic cooperation across core sectors by way of structured and continuous interaction between our two countries. A comprehensive Action Strategy for advancing bilateral Trade-Economic and Investment Cooperation has been developed and adopted in based on the work of the Dialogue.

The Leaders expressed satisfaction with the cooperation between New Delhi and Moscow in the sphere of the development of the Russian Far East.

The Russian sSide welcomed the intent of the Indian sSide to expand its economic and investment presence in the Far Eastern region and Siberia. India is making efforts at enhancing cooperation with the Russian Far East. As a first step, for the first time ever a delegation of four Chief Ministers of Indian states led by the Commerce and Industry Minister of India visited Vladivostok on August to explore avenues of greater bilateral engagement in targeted sectors. Both Sides also look forward to exploring cooperation on temporary placement of skilled manpower from India to Far East Russia.

India looks forward to cooperate with Russia in the Arctic. India has been following the developments in the Arctic region with interest and is also ready to play a significant role in the Arctic Council.


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Russia on its part, expressed its readiness to participate in major infrastructural and other projects in India. The energy industry has traditionally been a key area of interaction between the two countries — this is an area where Indian and Russian economies complement each other beneficially.

Civil nuclear cooperation between India and Russia is an important component of strategic partnership. The Sides noted the pace of progress achieved in the construction of the remaining four of the six nuclear power plants at Kudankulam. Both Sides engaged in discussion on the second site and welcomed continuation of technicaldiscussions on the VVER of the Russian design and joint manufacturing of equipment and fuel.

The Sides highlighted successful cooperation in the construction of the Rooppur NPP in Bangladesh and expressed their readiness to expand similar cooperation in third countries. The leaders note immense potential of cooperation in the field of non-nuclear fuel and energy. The leaders are determined to forge cooperation in geological exploration and joint development of oil and gas fields in Russia and India, including offshore fields. They will continue their work to develop the ways of delivering energy resources from Russia to India, including a long-term agreement for sourcing Russian crude oil, the possible use of the Northern Sea Route and a pipeline system.

They noted the prospects of Nayara Energy Limited increasing the capacity in Vadinar oil refinery. India and Russia agreed to consider the prospects for expanding cooperation in hydro and thermal power, energy efficiency as well as for designing and constructing facilities that generate energy from non-conventional sources. With the signing of the Roadmap for cooperation in Hydrocarbons for during the Summit, both Sides expect bilateral cooperation in this sector to touch new heights in the next five years.

Intergovernmental Reforms in the Russian Federation

To promote further development of trade and economic ties between India and Russia, the Sides intend to work on improving the transport infrastructure. The major thrust in the INSTC is to secure freight volumes, upgrade and improve the transport and logistics services provided, simplify document workflow and switch to electronic document workflow, introduce digital technologies and satellite navigation into the transportation process. Both Sides foresee good potential in establishing cooperation in the sphere of railways.

Официальные сетевые ресурсы

Theyexpressed satisfaction with the progress of the feasibility study for raising the speed of the Nagpur — Secunderabad Section and noted the interest of Russian Government to participate in the implementation of that development project. The Sides will continue to actively engage in this regard.

The Sides agreed to review possibility of expanding direct passenger and cargo flights including flights between various regions of both the countries. They intend to further cooperate in transport education, professional training and scientific support for the infrastructure transport projects. The Sides emphasized the importance of joint research in science and technology.

They are committed to intensify development of high-tech products in such spheres, as telecommunications, robotics, artificial intelligence, nanotechnologies, pharmacy and others. Acknowledging their leadership role in tiger conservation efforts, both Sides agreed to hold aHighLevel Tiger Forumin India in , involving tiger range countries, conservation partners and other stakeholders.

Fundamental documents

Promising areas of cooperation include aviation and space. The Sides agreed to explore the prospects of establishing joint ventures in India for the development and production of civil aircraft. The Sides agreed that it was necessary to exploit to a greater extent potential of India and Russia in launch vehicles development, construction and utilization of spacecraft for different applications, as well as research and use of outer space for peaceful purposes, including planetary exploration.

They attach high importance to cooperation in the diamond industry. They declared their interest in enhancing rough diamonds trading system and exploring ways to further improve the regulatory environment in this field with the aim of protecting the equity of natural diamonds. The Sides acknowledged the opportunities to increase bilateral trade in the sphere of agriculture.


Green Corridor mechanism envisages pre-arrival exchange of information between two Customs administrations. This would help faster clearance to goods, through enhanced risk management. It would thus significantly improve trade facilitation. India-Russia close cooperation in military and military-technical fields is a pillar of their bilateral Special and Privileged Strategic Partnership.

The Sides expressed their satisfaction with regular military contacts and joint exercises of the Armed Forces of the two countries. They welcomed the successful implementation of the Long-Term Program for Military and Technical Cooperation. They agreed to speed-up elaboration of a new long-term plan of interaction in this area. On 20 enterprises financial reporting was transformed to IFRS;.

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About Guides FAQs. Mega Css Dropline Split. Apply Reset. The Heads of Government exchanged views on the regulation of the alcohol and financial markets, distribution of import customs duties within the EAEU. The conceptual issues of cross-border information interaction, the development of industrial cooperation, the agro-industrial complex of the Union member countries, as well as the cooperation of customs services of the Member States of the Customs Union were discussed.

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According to the prime minister of Kazakhstan, given the prevailing conditions in the global economy, in order to have a positive effect on the growth of the economies of the EAEU countries, special attention should be paid to the development of industrial cooperation. This direction should become one of the main economic tasks on the common agenda of the EAEU. One of the effective tools for the development of entrepreneurship, employment and economic growth, may be a joint program for the development of the "economy of simple things. The need for the development of electronic trading platforms was also noted.