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    <title>India Russia Express Intent for CECA 9000 Crore Steel Plant to Come Up Near Bellary Our Common Target is to Achieve Usd 20 Billion in Trade by 2015: Anand Sharma Co Chairs 2nd Meeting of Inter-Governmental Commission with Russian Deputy PM.</title>
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    <description>India and Russia signalled intent to pursue a Comprehensive Economic Cooperation Agreement to expand bilateral trade and investment, with preparatory consultations between customs authorities. Sectoral measures include pharma cooperation-establishing production units, streamlined registration, information sharing and a Task Force under an MOU-and an industrial joint venture between NMDC and OJSC Severstal to build an expandable steel plant near Bellary. Six working groups under the India Russia Working Group on Trade and Economic Cooperation will focus on IT, pharma, banking and finance modernization, precision engineering, and nanotechnology.</description>
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