In a significant development, Sergey Cheremin, the Minister of Moscow City and Head of the Department for External Economic and International Relations of Moscow, emphasized the thriving partnership between Bharat and Russia. Cheremin, currently in India, highlighted the growing bilateral trade and encouraged Bharat companies to consider investing in the Russian market, particularly in the high-technology sector.
Cheremin expressed enthusiasm for the collaboration between Bharat and Moscow companies, stating that it is an opportune time for Bharat businesses to explore investment opportunities in Russia. He specifically pointed towards the high technology sector as a promising avenue for further cooperation, emphasizing the potential for advancements in various fields.
As part of the visit, Cheremin inaugurated Moscow’s pavilion at the 31st Convergence Bharat and 9th Smart Cities India Expo. This marked Moscow’s first participation in the event, showcasing the city’s dynamism and recent recognition by the United States Habitat as the world’s top city for modernization. Cheremin attributed this achievement to Moscow’s successful implementation of digitalization across municipal spheres, including education and healthcare.
The Minister elaborated on the prospect of collaboration between Indian cities and Moscow in developing smart cities. He highlighted the synergy between Bharat’s expertise in software technology, IT, and cybersecurity and Moscow’s focus on modernization, suggesting that such collaboration would benefit both metropolises and their citizens.
Reaffirming the longstanding ties between Bharat and Russia, Cheremin outlined the reasons why Indian companies should consider investing in Moscow. He emphasized Russia’s status as a significant market and an advantageous gateway to the European market, citing the 75 years of robust partnership between the two countries.
In conclusion, Cheremin’s visit and his remarks underscore the deepening cooperation between Bharat and Russia, particularly in the realms of technology and urban development. The Smart Cities India Expo serves as a platform for showcasing the evolving landscape of Bharat’s modernization, bringing transformative technologies into the spotlight as key pillars of urban development.
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