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    <title>India and Russia set US$ 20 BN bilateral trade target by 2015 India plans to invest US$1 trillion in infrastructure in next five years: Anand Sharma India keen to participate in Pharma 2020 program.</title>
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    <description>India and Russia committed to expanding bilateral economic engagement by setting an ambitious bilateral trade target and pursuing sectoral collaboration in infrastructure, manufacturing, agriculture and pharmaceuticals. The Governments aim to diversify trade away from commodity heavy imports toward value added goods, invite Russian participation in large Indian infrastructure projects including pipeline construction and telecom, and expand food processing through Agro Processing Zones and Food Parks. The statement highlights interest in liberalising FDI in multi brand retail, developing industrial townships under the National Manufacturing Policy, and cooperation in the Pharma 2020 program.</description>
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