NEW DELHI, November 11. /TASS/. India and Russia should put continued attention on development of trade routes such as the International North-South Transport Corridor (INSTC), Chennai-Vladivostok Corridor and the Northern Maritime Route, Indian Foreign Minister Subrahmanyam Jaishankar told a joint business forum in Mumbai.

"The three connectivity initiatives between us, as mentioned by the First Deputy PM [of Russian Denis Manturov] as well - INSTC, Chennai-Vladivostok Corridor and the Northern Maritime Route - all need continued attention, if we are to realize full potential," he said.

The minister expressed confidence that the business community in both countries would appreciate the strong direction given by the governments of the two countries to take forward trade and investment ties. "It is natural that there would be concerns, such as banking and payment related issues, logistical challenges like shipping, insurance and reinsurance as well as market access. Obviously, we have to find solutions that work to the comfort level of those actually involved in trade. I am confident that today’s gathering and the sessions that follow would facilitate an open exchange of views in this regard, with the expectation of coming up with mutually beneficial and workable answers," he said.