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.