 "10 things about the Eastern Economic Forum meeting that India plans to attend in Vladivostok – Firstpost")
India will send a high-level delegation to the Eastern Economic Forum in Vladivostok from September 3-6 to develop maritime transport corridors and boost trade and investment with Russia. The visit will focus on enhancing cooperation in the Far East and Arctic and developing key infrastructure projects.
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India is preparing to send a high-level delegation to the Eastern Economic Forum (EEF) in Vladivostok from September 3 to 6, with the aim of strengthening its presence in the resource-rich Far Eastern region.
The visit reflects India’s strategic interest in expanding maritime transport corridors and strengthening trade and investment ties with Russia. A Cabinet minister is expected to lead the delegation, focusing on developing key infrastructure and trade routes. Here are the key points:
1. The Modi government plans to send a Cabinet Minister to lead the delegation to the EEF, underlining the importance of the forum for India’s strategic interests.
2. One of the main objectives is to advance talks on the Vladivostok-Chennai Eastern Sea Corridor, which will link India with the resource-rich Arctic region.
3. India and Russia recently signed agreements to promote trade, investment and shipbuilding projects, further strengthening their bilateral relations.
4. The visit will focus on enhancing cooperation in the Far East and the Arctic, as agreed by Prime Minister Narendra Modi and President Vladimir Putin during their summit in July.
5. India plans to improve infrastructure in Chennai to handle the increased trade volume and facilitate the functioning of the Eastern Maritime Corridor.
6. India is developing a transshipment hub in the Bay of Bengal to support growing trade with Russia and other international partners.
7. The two nations are exploring a joint shipbuilding project to improve maritime trade capacity.
8. The recently signed cooperation programme covers trade, economic and investment activities in the Russian Far East and the Arctic and creates a framework for future cooperation.
9. The focus is on optimising transport corridors, including the Chennai-Vladivostok route and the North-South international transport corridor, to improve logistics and cargo handling.
10. Both countries are keen to develop shipping routes through the Northern Sea Route and plan to set up a joint working body within the India-Russia Intergovernmental Commission on Technical and Economic Cooperation (IRIGC-TEC).
