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Russia, India to make innovative projects cooperation priority

September 26, 2014, 19:46 UTC+3 NEW DELHI
Russian Deputy Minister of Economic Development Oleg Fomichev participated on Friday in a round table meeting on scientific and technological cooperation between Russia and India
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© ITAR-TASS/Vitaly Belousov

NEW DELHI, September 26. /ITAR-TASS/. Russia and India will make innovative projects a priority and will monitor their implementation, said Oleg Fomichev, Russian Deputy Minister of Economic Development.

Fomichev participated on Friday in a round table meeting on scientific and technological cooperation between the two countries, organised by the Skolkovo Foundation.

“There is a working group for priority investment projects within the bilateral intergovernmental commission on trade, economic, scientific, technological and cultural cooperation,” Fomichev told ITAR-TASS. “We should put innovative projects on the agenda for economic cooperation between Russia and India. We will add them to the list of priority projects and will monitor their implementation.”

“Russia has already accumulated extensive experience of partnership with India in the area of high technology,” he said. “Our countries work to promote projects and programs for cooperation in knowledge-intensive industries, connected, first of all, with telecommunications, information technology and nanotechnology, nuclear and space industries, aircraft engineering, pharmaceuticals and biotechnology.”

The next meeting of the working group for priority investment projects is scheduled for October 27.

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