- Ahead of the 12th India-Russia Annual Summit meeting, the Business and Science and Technology Co-operation between the two countries received a boost with the inauguration in Moscow of the Russian-Indian Scientific and Technological Centre.
- This new Center will seek to commercialize the results of joint India-Russia R&D efforts. This initiative is of particular importance to both countries in their effort to encourage innovation and modernization. A similar Center would be opened in New Delhi early next year.
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