4/4/24 REAB begins partnership with India

At the beginning of April 2024, a partnership agreement was signed in Moscow between the REAB Consortium and the RPO Association of Indians “Indian Diaspora”. On the Indian side, the document was signed by the president of the association, Mr. Matharu Harjinder Singh, and on the REAB side by Denis Devyatkin, deputy chairman of the board of the consortium.

By signing the agreement, the parties agreed on cooperation and partnership in the following areas:

• Exchange of business information
• Participation in public events held by the Parties
• Promoting economic development and interaction between the representing states and their business circles, developing partnership contacts, stimulating investment activity
• Other ways to implement the statutory goals of the Parties

During the dialogue, both sides agreed that this partnership creates new opportunities for interaction between Indian and Russian businesses. Trade turnover between Russia and India at the end of 2023 increased 1.8 times and amounted to about $65 billion. Our states are moving from the movement of goods to other formats of economic interaction, including the movement of capital and property rights, including the purchase of existing businesses by entrepreneurs from both countries. Facilitation of such transactions, their search and support is one of the activities of the Russian-Eurasian Business Broker (REAB). And the Indian side is ready to assist our advancement on the territory of their country.