India, Russia to study economic pact with Belarus, Kazhakstan

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Business Line : Industry & Economy / Economy : India, Russia to study economic pact with Belarus, Kazhakstan

India and Russia have jointly agreed to study a comprehensive economic cooperation agreement with Belarus, Khazakstan and the Russia Customs Union.

This was indicated by the External Affairs Minister, Mr S. M. Krishna, after a meeting with the Russian Deputy Prime Minister, Mr Dmitry Rogozin, here on Tuesday.

Mr Krishna said cooperation in strategic areas was also discussed at the meeting. "We exchanged constructive views on various aspects of trade and investment cooperation between India and Russia," the Minister said.

He added that India had sought a solution to outstanding problems confronting businessmen and looked at ways of enhancing trade turnover. "We agreed to redouble our efforts to achieve a $20-billion trade target by 2015," Mr Krishna said, adding that the figures for the first quarter "were indeed encouraging".
 

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