PM Modi arrives in France on last leg of 4-nation tour
- Author: Leroy Wright Jun 03, 2017,
Jun 03, 2017, 20:33
In what has become an annual ritual, liberal businesspeople and economists used the St Petersburg event, Russia's main showcase for foreign investors, as an opportunity to press the case for urgent reforms.
ST PETERSBURG, Russia Russia's leading economic thinkers say the country needs bold action to avoid stagnation. "Effectively what one can do is to alter United States obligations within Paris Accord", he added. Exploitation of nature is not acceptable to us, " he said. "They don't want to recognise this mistake", he said.
He emphasized the victory of a team from the Saint Petersburg Institute of Fine Mechanics and Optics in a world programming competition, for the umpteenth time, he said.
Russian Federation has been accused of hacking the Democratic National Committee servers and leaking documents to Wikileaks.
"Putin said some standard basic things, voicing main themes but offering no insightful ideas", Dmitry Polevoy, chief economist at ING Bank in Moscow, said of Friday's speech. "Even a three-year-old can invent".
India is a "guest country" at the SPIEF this year, and Prime Minister Modi is the "Guest of Honour".
A string of contracts and agreements covering a wide-ranging sectors are expected to be signed during the forum, which Putin said will help expand global cooperation.
-India- Russia ties are not utilitarian.
Russian President Vladimir Putin will also participate in the forum.
We know Prime Minister Modi's idea regarding projects in India in areas where we can support each other and exchange modern technology.
Appealing to the business houses to invest in India and Modi's mission of turning nation into a manufacturing hub, the PM said "sky is the limit" if one seeks to find avenues in various sectors in our country.
It said that connectivity must be strengthened, based on dialogue and consent of all parties concerned with due respect to sovereignty, while reiterating their commitment to build effective infrastructure for the International North South Transport Corridor and implementation of the Green Corridor.
-In the last three years there have been substantial reforms, guided by the principle of "Minimum Government, Maximum Governance".
"The eyes of the world are on Asia and there is a renewed interest in India". Some of India's historical and holy manuscripts, such as Bhagwad Gita and Gurmukhi manuscripts, are kept at the institute.
Modi arrived in Madrid from Germany on Tuesday.