GTTCI Signs MOU with Roscongress at SPIEF 2024: A New Era of Bilateral Cooperation

GG News Bureau
Petersburg (Russia), 8th June. The Global Trade & Technology Council of India (GTTCI) has announced the signing of a Memorandum of Understanding (MOU) with the Roscongress Foundation at the St. Petersburg International Economic Forum (SPIEF) 2024 on 6th June 2024 at St. Petersburg, Russia. This significant agreement marks a milestone in strengthening bilateral trade, investment, and cultural ties between India and Russia.

Dr. Rashmi Saluja, Chairperson of GTTCI, exchanged the MOU with Mr. Alexey Valkov, Deputy CEO of the Roscongress Foundation, in a ceremony that underscored the mutual commitment to fostering deeper economic and cultural connections. The event was further graced by the presence of Dr. Gaurav Gupta, Founder and President of GTTCI, and Mr. Rakesh Asthana, Chief Advisor of GTTCI, who engaged in productive discussions with the Roscongress delegation.

This MOU signifies a crucial step forward in the partnership between India and Russia, particularly in the context of Prime Minister Narendra Modi’s third term and the strong, enduring alliance between the two nations. The collaboration aims to enhance interactions between business communities, political circles, and expert groups from both countries.

Key areas of cooperation outlined in the agreement include:

Development of Communication Platforms: Establishing international-level platforms to facilitate intergovernmental and business communications.

Strengthening Business Ties: Seeking and nurturing long-term partnerships within the business communities of both countries.

Investment and Finance Sector Collaboration: Supporting dialogues on cooperation in investment, finance, export-import activities, tourism, and cultural exchanges.

Public Promotion: Promoting the themes and events organized by both parties to reinforce the communications between representatives of India and Russia.

GTTCI is committed to working closely with the Roscongress Foundation to realize the full potential of this agreement. This collaboration will open new avenues for trade, investment, and cultural exchange, benefiting both nations and contributing to global economic stability.

GTTCI extended its heartfelt gratitude to all stakeholders involved in this monumental agreement and anticipated a fruitful and prosperous partnership with the Roscongress Foundation.