Russian Prime Minister Mikhail Mishustin, Russian Far East and Arctic Development Minister Alexei Chekunkov and Russian Far East Governors to participate in the dynamic Gujarat Summit to be held in Gandhinagar next month .
Four governors from Russia’s Far Eastern provinces will attend the summit, which will take place from January 10 to 12.
The biennial investor summit, which is the tenth edition, will see a roundtable on the very first day with the participation of governors and heads of federal districts in the far east of the Russian Federation. The round table is expected to be chaired by Prime Minister Narendra Modi. A reading of the event on the summit’s official website indicates that the roundtable “will further strengthen bilateral cooperation and enhance collaboration in trade, commerce and investment.”
The focus on the Russian Far East, a region rich in mineral resources at the summit even comes from increased engagement by India.
Prime Minister Narendra Modi visited Vladivostok in 2019, which is the region’s second largest city, and spoke at the 5th Eastern Economic Summit.
During the visit, Prime Minister Modi announced a billion dollar line of credit to the Russian Far East to develop the region. In the same year, Trade Minister Piyush Goyal led a high-level delegation of chief ministers from Haryana, Gujrat, Uttar Pradesh and Goa and around 140 Indian companies to Vladivostok to increase the commercial engagement.
Another special feature is the presence of the Russian Far East and Arctic Development Ministry. Minvostokrazvitiya, as it is called, is a Russian executive body that coordinates the implementation of state and targeted federal programs in the Far Eastern Federal District.
About five heads of state will attend the summit. Italy is the partner country of the mega investor meeting. The summit will see a special national session for Australia, Denmark, Finland, France, Germany, Israel, Italy, Mozambique, UK, Japan, Sweden, Norway and Korea from South.
The sessions also cover the business environment in Latvia and business in Africa. Since the meeting took place in the midst of the COVID-19 crisis, the number of COVID-19 protocols have been put in place. These include entry to sites only on the basis of a fully vaccinated certificate.