Manufacturers flock to St Petersburg fair
Published: 12 March, 2008, 01:00
Products from more than 50 Russian regions and a dozen other countries are being showcased at a huge Technical Fair in St Petersburg. From raw materials to finished engineering items and car components – the fair is spreading ideas and experien
More than 500 manufacturers from across Russia, Europe, China and India are exhibiting their contributions to global industrial development.
India alone is showcasing 130 manufacturing companies aiming to boost their presence in Russia, hoping to increase trade ties.
Currently bilateral turnover is growing 7% annually, but, as Indian delegates say, there’s plenty of room for more, and also a better understanding between the two nations.
The partnership is expected to continue growing, with the two emerging economies becoming more closely linked.
11.03.2008, 14:06
Higher gas prices to squeeze UkraineUkraine may be the big loser from a decision by Kazakhstan, Turkmenistan and Uzbekistan to increase gas prices to European-level prices from 2009. Gazprom buys natural gas from Central Asian republics and re-sells it to Europe through its own pipelines. |
12.03.2008, 06:42
Economic Minister fishes for investors in CannesThe sunny French resort city of Cannes is where Russia plans to find investors willing to fork out more than $46 BLN on Russia's regions. Economic Development Minister Elvira Nabiullina is leading the charge. |
