The Minister is scheduled to meet Alexey Chekunkov, Minister for the
Development of the Russian Far East and Arctic; VitalySaveliev, Minister
for Transport of Russia among others with an objective to
maintain strong ties and foster strategic, trade and logistical cooperation
across various sectors.
Speaking on the occasion, the Minister said, “It is indeed a matter of great
honour and responsibility that I was provided with the opportunity to lead our
great country at the prestigious Eastern Economic Forum. Under the dynamic
leadership of Prime Minister Shri Narendra Modi
ji,
the historic ties between India and Russia has reached a new height as we
strengthen our trade and commerce… I believe during my visit and meetings with
the leadership of Russia, we will be
able to make progress in this important venture apart from fostering strategic,
trade and logistical cooperation between the two countries.”
Shri Sonowal will be addressing the
India Russia Business Dialogue at the Eastern Economic Forum where he will be highlighting the pivotal role of
trade, commerce and business in fostering stability and sustainability within
the special and privileged strategic partnership between India and Russia.
India’s Shipping Minister will also be speaking at the session on Eastern
Maritime Corridor, while also meeting senior ministers of Russian Federation on
possibilities to further strengthen the bilateral relation between the two
countries, including exploring possibilities of the Northern Sea Route and
establishing a Trans-Shipment Hub in the Bay of Bengal.
The Eastern Maritime Corridor is aimed
at reducing cargo transit times between our nations.
The Eastern Economic Forum was established by decree
of the President of the Russian Federation Vladimir Putin in 2015 to support
the economic development of Russia’s Far East and to expand international
cooperation in the Asia-Pacific region.