India-Russia hold dialogue on enhancing bilateral ties

  1. The Second India-Russia Strategic Economic Dialogue (IRSED) was held in New Delhi,India.
  2. The dialogue focussed on six core areas of cooperation namely, (a)Transport Infrastructure and Technologies (b)Agriculture and Agro-Processing sector (c)Small and Medium Business support (d) Digital Transformation and Frontier Technologies (e)Cooperation in Trade,Banking and (f)Tourism & Connectivity.
  3. The IRSED was established following an MoU signed between NITI Aayog and the Ministry of Economic Development of the Russian Federation during the 19th edition of the Annual India-Russia Bilateral Summit in 2018.
  4. The objective of the dialogue is to identify the most promising areas to improve bilateral trade,economic and investment cooperation and to define joint projects in the framework of national programmes.
  5. The First India-Russia Strategic Economic Dialogue was held in St. Petersburg,Russia.