India, Russia agrees on 6 new strategic projects to boost bilateral investment cooperation

NEW DELHI, Apr 9: India and Russia have agreed on six new strategic projects to deepen bilateral investment cooperation, the commerce and industry ministry said on Wednesday.

It was agreed during a session of the India-Russia Working Group on Priority Investment Projects (IRWG-PIP) under the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation.

“Both sides agreed to include six new strategic projects aimed at deepening bilateral investment cooperation. Discussions were held in a constructive atmosphere, with both countries reaffirming their commitment to expand investment collaboration across various sectors,” it added.

The ministry did not elaborate further on the six new strategic projects. (PTI)