New Delhi: India and Russia have confirmed their readiness to intensify trade and investment cooperation in the latter’s Far East and the Arctic zone, according to a joint statement issued on Friday after the meeting here between Prime Minister Narendra Modi and President Vladimir Putin.

The Programme of India-Russia Cooperation in Trade, Economic and Investment Spheres in the Russian Far East for the period from 2024-2029 provides the necessary framework for further cooperation between India and the Russian Far East region, especially in the sectors of agriculture, energy, mining, manpower, diamonds, pharmaceuticals, and maritime transport.

Both sides underscored the importance of holding regular bilateral consultations on Arctic-related issues and welcomed the progress made in multifa

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