India & Russia has strong business & political ties-PM

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Describing Indian and Russian business and political ties as being long standing, time tested and multifaceted in character, Prime Minister Manmohan Singh told a joint meeting of Indian and Russian businessmen that economic cooperation needed to be reinvigorated and integrated with emerging market forces.
Describing the existing bilateral trade level of 1.9 billion dollars as not being reflective of the actual potential of the two economies, Manmohan Singh said that both governments were very aware of this anomaly.