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Russia calls on India to cooperate effectively in diamond cutting
"Almost 50% of the supply of Russian raw materials falls on India or companies controlled by Indian capital. Taking into account such substantial volumes of diamond transactions, it is advisable to think over the issue of forming advanced interaction schemes and establishing cooperation between the countries, "Russian President Vladimir Putin said at the World Diamond Conference during his official visit to India.
“And we invite our Indian colleagues to work in the field of cutting on the territory of the Russian Federation,” the head of state continued.
In his opinion, for effective cooperation, it is necessary to create favorable conditions, to simplify administrative and customs procedures, and to raise the level of security.
"In this regard, we are committed to joint and constructive work," added Vladimir Putin.
The head of state noted that India is the world leader in diamond cutting, and the Orlov and Shah diamonds of Indian origin adorn the collection of the Russian Diamond Fund.