According to an understanding which now has become a tradition, the Indian prime minister and the Russian president meet every year either at Moscow or in New Delhi. Every such visit adds to the strength of their bilateral ties. Russians are happy at the Indian participation in the equity of Sakhalin I, which Dr. Singh had described as the most important of Indian investments abroad. However, the Indian side is worried about the level of bilateral trade which began showing negative trends after the collapse of the Soviet state. Both countries have now set up a study group to prepare a blueprint for boosting trade to $10 billion by 2010. In comparison, Sino-Indian trade has reached $18 billion in 2005 itself. There is every need to ensure that relations between the two countries grow beyond the strategic domain and address trade growth.
Dasu Krishnamoorty
India
Pravda.Ru