Mr. Akashdeep Singh, President of the Indian Business Council, had a videoconference with Mr. Vasily Plotnikov, Advisor to the Director General for International Affairs of the Investment promotion agency of Novosibirsk region, on June 7, 2023.
The parties discussed the extant issues in trade between Russia and India, as well as the potential industries for cooperation.
Mr. Vasily Plotnikov described the issues posed by sanctions and the highest dangers associated with entering the Russian market under the current circumstances. He was empathetic toward the reluctance of Indian businesses and endeavored to provide the optimal solutions for their capabilities. Mr. Akashdeep Singh expressed IBC’s desire to develop common points of cooperation and analyze the Indian market’s potential, which would be most advantageous for future collaboration.
Based on Novosibirsk enterprises’ strengths and needs, participants discussed which industries to target. They included chemical manufacturing, technological cooperation, and information technology. Russian companies were also open to new partnerships with Indian firms. Both sides agreed that creating each country’s brand should be a key area of collaboration.
Representatives of the Investment Promotion Agency of the Novosibirsk region and a delegation of the Indian Business Council will attend the Saint-Petersburg International Forum, which will take place from June 14 to June 17. In the meeting, it was decided to sign the Cooperational agreement on the sidelines of the Forum on 16th June in order to establish the collaboration and to find methods to create B2B meetings in the future in order to expand bilateral trade.
Представители Агентства по привлечению инвестиций Новосибирской области и делегация Индийского Делового Совета примут участие в Санкт-Петербургском международном форуме, который пройдет с 14 по 17 июня. На видеоконференции было решено подписать соглашение о сотрудничестве в рамках Форума, подписание было назначено на 16 июня. Дальнейшее сотрудничество призвано наладить сотрудничество и найти методы для проведения встреч в формате B2B в будущем с целью расширения двусторонней торговли..
