Both countries acknowledge upcoming trade opportunities, says Prakash
Russian and Indian businesses have been urged to work for rapid economic transformation of their respective countries, says Prasun Prakash, Director of the Center for the Development of Russia-India Strategic Partnership (DRISP).
There is a growing acknowledgment of the upcoming trade opportunities for both countries that have come to the forefront against the backdrop of recent geopolitical developments, believes Prakash.
“For decades India and Russia have stood together shoulder to shoulder and the relationship has only gotten stronger over the years. Even today, under tremendous pressure due to the fast-evolving geo-political scenario, the Indo-Russian relationship stands strong because of the inherent mutual trust,” he said.
“Despite the prevailing geo-political tensions in the world today, leaders of both Russia and India have regularly stressed on the importance of enhancing the existing economic cooperation and executing large scale mutually beneficial projects,” Prakash emphasises in an interview with Russian news portal “Big Asia” which was released by DRISP on 4 Feb 2023.
He firmly believes that the meeting between Russian President Vladimir Putin and the Indian Prime Minister Narendra Modi at the Shanghai Cooperation Organisation (SCO) Heads of State Summit, and the Russia-India business dialogue on the sidelines of the Eastern Economic Forum were crucial.
DRISP is a business consulting firm that specialises in the Russian and Indian markets and has headquarters in Moscow and New Delhi. fiinews.com
