India Russia friendship very old and based on trust : Modi & Putin

Elias Hubbard
June 3, 2017

Zaiwalla & Co. continues to closely work with Russian Federation, tying together their global expertise in the legal space across the world, with the firm having also represented various high profile clients such as the Chinese government, Iran's Bank Mellat, the Dalai Lama, the Gandhi family and the Bachchans in India, it said.

Businessmen of the two nations can create new, high value-added products and build production chains, including for promoting their goods and services on third country markets, he said.

"It is an inter-connected and inter-dependent world". Regarding relation with Russian Federation, he said they are based on trust.

"When his comments were sought on the US decision to withdraw from the climate deal, where President Donald Trump alleged that the agreement gave better deal to the world's highly polluting countries" like India, Prime Minister Modi said, "Don't think I will take sides on this subject, but would rather take side of our future generation".

-We have removed over 1200 laws that are obsolete in today's context. He said a "digital divide" can not be allowed to take root in the society. He said global rating agencies had identified India as one of the top three destinations for FDI.

Prime Minister mentioned the government's initiatives in financial inclusion - and the Jandhan, Aadhaar, Mobile (JAM) trinity.

Also signed were documents on building Russian-designed nuclear power plants at new sites in India, developing a bilateral leasing platform, developing bilateral investment activity, and developing rail transport vehicles.

-India, we are nurturing an eco-system where the youth of India becomes a job creator, not job seeker.

He said rising urbanisation in India requires most modern infrastructure including metro networks, waste management systems etc.

-I see vast opportunities in manufacturing healthcare equipment, defence sector, services sector.

St. Petersburg: Chairman of the Eurasian Economic Union (EAEU) Tigran Sargasyan called on Prime Minister Narendra Modi here on Friday.

American TV anchor Megyn Kelly was trolled on social media for asking PM Modi if he was on Twitter. You can venture here in any area you want (to do business), " Modi told a global audience in his plenary address at the St. Petersburg International Economic Forum (SPIEF).

Later, when the moderator asked which side of the climate change debate he stood, and whether he disagreed with Trump's stand, Modi remained diplomatically neutral.

Other reports by Click Lancashire

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