3 September 2019
India will have its own pavilion
called the India Lounge with the support of the Roscongress Foundation at the 5th Eastern Economic Forum.
The lounge will serve as a platform to demonstrate investment opportunities in
the Far East, promote Indian investments in the region, and attract Russian
investors to the growing economy of India.
According to experts, India’s GDP
will exceed USD 3 trillion this year as the country becomes one of the five
largest economies in the world. Thanks to initiatives carried out by the Indian
government to facilitate business, India has become the only nation in the
world to be included in the list of the top ten leading countries in the World
Bank’s ease of doing business index two years in a row.
India has the status of a guest
country at the EEF 2019. At the invitation of Russian President Vladimir Putin,
Indian Prime Minister Narendra Modi will become the main guest of the EEF 2019
and will head the Indian delegation at the forum. An agreement was previously
reached during a business delegation’s visit to Vladivostok to triple trade
turnover between the two countries and increase it to USD 30 billion by 2025.
The key to achieving this goal is to identify new opportunities to increase
trade, which, in particular, will be facilitated by the India Lounge.
The pavilion is located in front of Building B at Far Eastern Federal University. Hours of operation: 3 September – 9:00–20:00, 4–5 September – 8:00–20:00, and 6 September – 8:00–18:00.
The 5th Eastern Economic Forum will take place in Vladivostok on 4–6 September.