Indo-Russian JVs to build automobiles and aircraft
The Dollar Business Bureau India and Russia have agreed to set up JVs to build aircrafts and automobiles in order to boost the lagging trade and economic ties between the two countries. The Russian President’s positive announcement after the summit concluded at St.Petersburg, summed up the positive developments and growth trajectory that PM Modi’s talks could have had. Putin said, "We both have a stake in consolidating this positive trend. Our talks are always held in a warm and friendly atmosphere, and are always substantive and productive. This time was no exception." Putin said the agreements made in the St Petersburg Declaration outlines steps to further deepen bilateral cooperation in the political, economic and cultural spheres. "Encouraging the growth ...
SCO leaders discuss measures to improve regional cooperation
Source: PTI Prime Ministers of the six-member Shanghai Cooperation Organisation (SCO) held talks in central China's Henan province on Tuesday to improve regional cooperation in areas like trade, investment, transportation and security. Welcoming foreign leaders to the meeting, Chinese Premier Li Keqiang said that since it was established in 2001, the SCO has become an important force promoting regional stability, prosperity and development. He said he believed that every SCO meeting will contribute to cooperation between member countries as well as regional development, state-run Xinhua news agency reported. The meeting was also attended by Minister of State for External Affairs General V K Singh. Pakistan Prime Minister Nawaz Sharif also attended the two-day meeting in Zhengzhou that began on Monday. ...
