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. Russia is reinventing itself.
. Carving out a niche for itself in the global economy
. One of which is Pharmaceutical industry.
. US $90b Pharmaceutical industry heads to Russia.
. Is this a trade off, a political barter trade for cooperating in the international arena ?
. Not to mention Goldmach Sach involvement in the countries Sovereign fund.
. Now, India's Pharmaceutical industry is heading there upon Russia's invitation.
. Not far behind might be Vietnam too !
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Mr. Sharma revealed that during his meeting with Moscow Mayor Sergei Sobyanin, the latter offered to provide unused industrial facilities in the Russian capital for Indian pharma and auto parts producers.
India and Russia will shortly exchange delegations to negotiate better access of Indian pharmaceutical companies to the Russian market.
"Russia is inviting and welcoming Indian pharma companies to set up production in this country," Mr. Sharma said. Pakistani Minister of Commerce would lead a high-power business delegation to India later this year, Mr. Sharma said.
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