Russian deputy PM will visit on June 18 to boost bilateral trade, investment
The visit comes at a time when there is a feeling in New Delhi and Moscow that the bilateral relationship needs a boost in terms of trade and investment.
Russian deputy prime minister Yury Trutnev will visit New Delhi on June 18 to explore opportunities for India’s participation in developing the resource-rich Far East and Arctic regions, people familiar with developments said.
Trutnev, the Russian president’s special envoy for the Far Eastern federal district, will take forward discussions between Prime Minister Narendra Modi and President Vladimir Putin in Bishkek on June 13 about cooperating in the region rich in oil, gas, minerals and timber.
The visit comes at a time when there is a feeling in New Delhi and Moscow that the bilateral relationship needs a boost in terms of trade and investment. Military-technical cooperation remains robust but trade has stagnated at around $10 billion for the past few years. India’s participation in developing Russia’s Far East figured in talks between Modi and Putin on the margins of Shanghai Cooperation Organisation Summit, and the Indian side said business delegations and state representatives will visit the region to identify opportunities.
Russia’s easternmost region stretches from Siberia to the Pacific Ocean and is estimated to have 10 to 14 billion tonnes of oil and 14 to 15 trillion cubic meters of gas. A consortium of Indian oil companies acquired a 49.9% stake in Vankor oilfield in Siberia for $4.2 billion in 2016 and the two sides are in negotiations for other oilfields in the region.
“A new area of focus identified by (Modi and Putin) is Arctic region oil and gas. This is an area where we feel we should engage further, and we have already begun that engagement – a delegation from the ministry of petroleum and natural gas had discussions with the Russian side last month,” foreign secretary Vijay Gokhale said, adding that the two sides will also look at using skilled Indian manpower to develop the Far East region.
Former Pakistan prime minister Imran Khan on Friday said that the attack on British author Salman Rushdie was “unjustifiable”. In 2012, the Pakistan Tehreek-e-Insaf chief had refused to attend a media conclave in New Delhi after learning about Rushdie's participation. He had reportedly said that he could not “think of participating in an event that included Rushdie - who had caused immeasurable hurt to Muslims across the globe.”
Rishi Sunak, one of the two candidates vying to replace Boris Johnson as British prime minister, has called on the G20 to bar Russian President Vladimir Putin from its meetings until Moscow halts the war in Ukraine, his spokesman said on Friday. Putin and Chinese leader Xi Jinping will attend the G20 summit on the resort island of Bali this November, a longtime adviser to the Indonesian president said earlier.
In a possible hate crime, unidentified persons have destroyed a handcrafted statue of Mahatma Gandhi with a sledgehammer at a Hindu temple here after vandalising it earlier this month, media reports said on Friday. The founder of Shri Tulsi Mandir, Lakhram Maharaj, situated in South Richmond Hill discovered the Gandhi statue was reduced to rubble on Wednesday morning. The same Gandhi statue was vandalised two weeks ago, investigating officials said. The New York Police Department is investigating both incidents as possible hate crimes, media reports said.
When the flight overflew the runway, the autopilot got disconnected, and sounded an alarm. It was this sound that finally woke the pilots up. They quickly maneouvered the aircraft and safely landed it nearly 25 minutes after overflying the runway.
Pakistan Prime Minister Shehbaz Sharif on Thursday said his country desired peaceful ties with India including "a just and peaceful resolution of the Jammu and Kashmir dispute in accordance with the relevant UNSC resolutions." He made the remarks during a meeting with the newly appointed Australian High Commissioner to Pakistan Neil Hawkins, who had called on him in Islamabad, reported The Express Tribune.