Commerce Minister Piyush Goyal underlined the need of bilateral investment treaties and payment security mechanism for power purchase agreements (PPAs) while addressing the business delegation from India on strengthening business ties with Russia’s Far East Region in Vladivostok, Russia. Piyush Goyal highlighted that the land and labour are cheap and local pool of Hindi or English interpreters are easily available too. He added that the Indian government is corruption-free and these all together make India an investment destination with a lot of competitive advantages. The Commerce Minister is accompanied by the Chief Ministers of Goa, Gujarat, Haryana, Maharashtra, and Uttar Pradesh and an official from the State of Assam.
Addressing a separate sectoral session, Goa Chief minister, Pramod Sawant, talked about minerals, metals, rare-earths, and fisheries with the representatives of both countries.
UP CM Yogi Adityanath pointed out the scope of agriculture, food processing and renewable energy with the business representatives of India and Russia.
Haryana CM Manohar Lal Khattar addressed a session on oil and gas.
Vijay Rupani, Chief Minister of Gujarat addressed a sectoral session highlighting the scope of the diamond trade. : INPUTS FINANCIAL EXPRESS