Russian food inflation declines threefold in 2016 — Central BankBusiness & Economy January 18, 17:01
Russian observers to monitor elections in France, SerbiaRussian Politics & Diplomacy January 18, 16:49
Six suspects in Russian ambassador’s murder case testify in courtWorld January 18, 16:29
Russian arms foundry mints one-kilo silver ‘In Trump We Trust’ commemorative coinWorld January 18, 16:26
VTB president says anti-Russian sanctions should be first eased in financial sectorBusiness & Economy January 18, 16:03
Russia seeks Minsk deal implementation not for cancellation of sanctions — LavrovRussian Politics & Diplomacy January 18, 15:57
Syria has no objections to US presence at Astana talks, diplomat saysWorld January 18, 15:39
Crimea informs Amsterdam court of plans to continue legal fight for Scythian goldSociety & Culture January 18, 15:33
Positive trend in Russian economy should be supported — PutinBusiness & Economy January 18, 15:31
NEW DELHI, October 29 (Itar-Tass) - Trade turnover between Russia and India does not correspond to the existing potential largely due to indecision of the two countries’ businessmen, Russian Ambassador to India Alexander Kadakin stated on local television on Tuesday.
“We should immediately give attention to this problem,” the Russian diplomat said. “Speaking about simple trade, I have to admit that things are going not too well in this sphere. We have already reached the trade turnover level of 11.4 billion U.S. dollars, but for our countries this figure is ludicrously meagre. Even when we reach the level of 20 billion dollars a year, it will remain such.” According to Kadakin, both Indian and Russian investors are “excessively undecided.” “Indian businessmen do not want to invest in the Russian economy, and it is bad,” said Kadakin. “We have offered extremely attractive terms to Indian pharmaceutical companies, but they prefer just to supply medicines to Russia, and not to create production facilities in Russia, what we expect.”
Kadakin cited the construction of the Kudankulam NPP in the southern Indian state of Tamil Nadu as a positive example of bilateral cooperation.