On September 1, 2025, a landmark ceremony was held at the Department for External Economic and International Relations of Moscow to sign a partnership agreement between the Business Council for Cooperation with India and the Directorate of the International Municipal BRICS Forum. This event marked an important step in strengthening multilateral trade and economic ties between the business communities of Russia and India.
The document was signed by Sergey Cheremin, Minister of the Government of Moscow, Head of the Department for External Economic and International Relations of Moscow, and Chairman of the Board of the Business Council for Cooperation with India, and Elena Belyakova, Head of the Directorate of the International Municipal BRICS Forum.
As a non-profit entity, the Business Council for Cooperation with India is focused on the practical development of Russian-Indian business relations. The International Municipal BRICS Forum, in turn, serves as a reputable communication platform for the exchange of best practices and technologies between municipalities and regions. The signed agreement is designed to create a powerful synergistic effect by combining the efforts of these two key organisations.
The partnership formalised by this agreement opens up new opportunities for the business communities of both countries. Among the priority objectives are:
·Attracting mutual investments and fostering entrepreneurial activity to promote trade growth.
·Organising and holding joint international events.
·Inviting business representatives to take part in various events held under the auspices of government institutions of both countries.
The signing of the cooperation agreement underscores India’s status as one of Russia’s traditional and strategically important trade and economic partners. It aims to establish concrete and practical mechanisms of interaction, making a significant contribution to the further deepening of Russian-Indian business dialogue within the BRICS+ framework.
This alliance between the two organisations opens a new chapter in the development not only of business relations but also of inter-municipal cooperation, ultimately contributing to the improvement of quality of life in the cities and regions of the two friendly nations.
The document was signed by Sergey Cheremin, Minister of the Government of Moscow, Head of the Department for External Economic and International Relations of Moscow, and Chairman of the Board of the Business Council for Cooperation with India, and Elena Belyakova, Head of the Directorate of the International Municipal BRICS Forum.
As a non-profit entity, the Business Council for Cooperation with India is focused on the practical development of Russian-Indian business relations. The International Municipal BRICS Forum, in turn, serves as a reputable communication platform for the exchange of best practices and technologies between municipalities and regions. The signed agreement is designed to create a powerful synergistic effect by combining the efforts of these two key organisations.
The partnership formalised by this agreement opens up new opportunities for the business communities of both countries. Among the priority objectives are:
·Attracting mutual investments and fostering entrepreneurial activity to promote trade growth.
·Organising and holding joint international events.
·Inviting business representatives to take part in various events held under the auspices of government institutions of both countries.
The signing of the cooperation agreement underscores India’s status as one of Russia’s traditional and strategically important trade and economic partners. It aims to establish concrete and practical mechanisms of interaction, making a significant contribution to the further deepening of Russian-Indian business dialogue within the BRICS+ framework.
This alliance between the two organisations opens a new chapter in the development not only of business relations but also of inter-municipal cooperation, ultimately contributing to the improvement of quality of life in the cities and regions of the two friendly nations.