• Eng

Dmitry Osipov takes part in the Russia-India Business Summit in New Dehli

05.10.2018

Dmitry Osipov, the CEO of Uralkali (the Company; Moscow Exchange: URKA), one of the worlds largest potash producers, took part in the India-Russia Business Summit in New Dehli (India), which coincides with annual Russia-India Summit attended by the Russian President Vladimir Putin and the Indian Prime Minister Narendra Modi.

Dmitry Osipov participated in an official meeting between the Russian Minister of Industry and Trade Denis Manturov and his Indian counterpart Suresh Prabhu, where the parties discussed enhancing cooperation between Russia and India in the supply of potash to India, introducing subsidies, and launching a pilot project in India to demonstrate advantages of balanced application of mineral fertilisers.

Dmitry Osipov, Uralkali CEO, commented:

India has always been a key market for us. We support the initiative of the two governments to enhance strategic partnership between our countries and we believe that reducing import duties on mineral fertilisers to zero by India  which is being discussed as part of the free trade zone initiative  would support the spirit of this cooperation.

Reference:

The primary objective of the Russia-India Business Summit is to enhance bilateral ties between the two countries, facilitate a dialogue between their business communities, and develop road maps of cooperation between Russian and Indian companies.

Every summit includes a plenary session and a number of industry-specific round tables covering energy, digital economy, small and medium-sized businesses, and infrastructure. This years summit is co-chaired by the Russian Minister of Economic Development Maksim Oreshkin and the Indian Minister of Industry & Commerce Suresh Prabhu.

Uralkali (www.uralkali.com) is one of the worlds largest potash producers and exporters. The Companys assets consist of 5 mines and 7 ore treatment plants in the towns of Berezniki and Solikamsk (Perm Territory, Russia). Uralkali employs ca. 11,000 people in the main production unit. Uralkalis shares are traded on the Moscow Exchange.

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