: Modi's visit to Russia expected to boost ties. #IndiaNEWS #India The visit of Prime Minister Narendra Modi here, fundamentally to go to the yearly Eastern Economic Forum (EEF), is required to bring

Modi's visit to Russia expected to boost ties. #IndiaNEWS #India
The visit of Prime Minister Narendra Modi here, fundamentally to go to the yearly Eastern Economic Forum (EEF), is required to bring about expanded business collaboration among India and Russia, other than a lift to generally two-sided ties.The visit of Prime Minister Narendra Modi here, primarily to attend the annual Eastern Economic Forum (EEF), is expected to result in increased business cooperation between India and Russia, besides a boost to overall bilateral ties.Modi, who will be the Chief Guest at the 5th EEF, is expected to hold a bilateral meeting with Russian President Vladimir Putin which will focus on giving a boost to bilateral trade and investment and cooperation in the fields of defence, energy, infrastructure and various other sectors.Situation in South Asia in the context of war-mongering by Pakistan is also likely to come up during the discussions between the two leaders.Modi and Putin are expected to discuss a proposal to establish a free trade zone between India and the Eurasian Economic Union (EAEU), a five-nation grouping, comprising Russia, Kazakhstan, Kyrgyzstan, Armenia and Belarus, formed in 2015 to create conditions for the stable development of economies of the member states.Talks have been concluded on this proposal which is expected to give a fillip to the economic ties between India and the Eurasian region.Modi and Putin last met in Kyrgyz capital Bishkek in June on the sidelines of Shanghai Cooperation Organisation (SCO) Summit and agreed on the need to explore new areas of cooperation.In the defence sector, the relationship is already witnessing a change from buyer-seller to the one of collaboration. A highlight in this regard is setting up of a factory in India for manufacture of AK-203 rifles.The EEF is held annually with the objective of facilitating accelerated development of the Russian Far East's economy and expanding international cooperation in the Asia-Pacific region. IANS will be the media partner at this year's event.During the EEF, a "Russia-India" dialogue is planned as part of the Forum's business programme, to be attended by representatives from both countries. In addition, India will have a national stand at the EEF venue to present the country's economic, industrial, tourism and cultural potential.Ahead of the Prime Minister's trip, External Affairs Minister S Jaishankar, Commerce and Industry Minister Piyush Goyal and National Security Advisor Ajit Doval travelled to Russia to prepare the ground for the success of the significant visit.Goyal led a delegation, which included Uttar Pradesh Chief Minister Yogi Adityanath, Gujarat Chief Minister Vijay Rupani, Haryana Chief Minister Manohar Lal Khattar and Goa Chief Minister Pramod Sawant and representatives of over 130 companies.

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