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by Dipanjan Roy Chaudhury
NEW DELHI: Amid growing Chinese presence in resource-rich Russian Far Eastern Region, Moscow is courting India by inviting Foreign Minister Sushma Swaraj and MoS Commerce Nirmala Sitharaman to the Eastern Economic Forum (EEF) to be held in Vladivostok between September 6 and 7.
Swaraj will lead a high-powered delegation to the Forum as Russia looks to balance China's presence in its Far Eastern region. The delegation will also include more than 30 representatives of leading Indian companies. The Russia Desk under the government’s investment promotion wing 'Invest India' will also be formally inaugurated on the occasion, said an official. The desk is being set up according to directives of PM Narendra Modi himself.
“The composition of the Indian delegation at EEF-2017 will be the most impressive in the entire history of the Forum. The platform in Vladivostok will form the basis for further strengthening of Russian-Indian relations resulting in new joint projects in the Russian Far East,” said Anton Kobyakov, an adviser to President Vladimir Putin.
Russia is offering lots of tax sops and incentives to attract Indian investors and are looking at India as an alternative to an otherwise Sino-Centric prospect in Far East, according to an expert on the region who did not wish to be identified.
“After Putin unveiled his policy for the Russian Far East in 2014, China was the natural choice as an immediate neighbour and in the prevailing Geo-political situation. But Moscow required alternatives as putting all eggs in one basket was not a wise choice. It was not just economic imperative but there is a strategic consideration behind Moscow's decision to seek India's presence in the vast region,” pointed out the expert. There are reports that Indian presence is considered by the locals in sparsely populated Far Eastern Russia as more benign.
International affairs experts who did not wish to be identified indicated to ET that Moscow is sensitive to growing Chinese presence in Russia's Far-eastern region, particularly increasing population from China which are settling there. "This pattern could change the demographics of Far-East Russia and the growing presence of other countries, including India, will help to restore balance," said an expert.
http://economictimes.indiatimes.com...tern-region-to-india/articleshow/60283658.cms
NEW DELHI: Amid growing Chinese presence in resource-rich Russian Far Eastern Region, Moscow is courting India by inviting Foreign Minister Sushma Swaraj and MoS Commerce Nirmala Sitharaman to the Eastern Economic Forum (EEF) to be held in Vladivostok between September 6 and 7.
Swaraj will lead a high-powered delegation to the Forum as Russia looks to balance China's presence in its Far Eastern region. The delegation will also include more than 30 representatives of leading Indian companies. The Russia Desk under the government’s investment promotion wing 'Invest India' will also be formally inaugurated on the occasion, said an official. The desk is being set up according to directives of PM Narendra Modi himself.
“The composition of the Indian delegation at EEF-2017 will be the most impressive in the entire history of the Forum. The platform in Vladivostok will form the basis for further strengthening of Russian-Indian relations resulting in new joint projects in the Russian Far East,” said Anton Kobyakov, an adviser to President Vladimir Putin.
Russia is offering lots of tax sops and incentives to attract Indian investors and are looking at India as an alternative to an otherwise Sino-Centric prospect in Far East, according to an expert on the region who did not wish to be identified.
“After Putin unveiled his policy for the Russian Far East in 2014, China was the natural choice as an immediate neighbour and in the prevailing Geo-political situation. But Moscow required alternatives as putting all eggs in one basket was not a wise choice. It was not just economic imperative but there is a strategic consideration behind Moscow's decision to seek India's presence in the vast region,” pointed out the expert. There are reports that Indian presence is considered by the locals in sparsely populated Far Eastern Russia as more benign.
International affairs experts who did not wish to be identified indicated to ET that Moscow is sensitive to growing Chinese presence in Russia's Far-eastern region, particularly increasing population from China which are settling there. "This pattern could change the demographics of Far-East Russia and the growing presence of other countries, including India, will help to restore balance," said an expert.
http://economictimes.indiatimes.com...tern-region-to-india/articleshow/60283658.cms
