They welcomed enhanced interactions between representatives of the business community of India and Russia including the CEOs level interaction particularly during large trade and business events in 2016 such as the Saint Petersburg International Economic Forum (June 16-18), attended by Mr. Dharmendra Pradhan, Minister for Petroleum and Natural Gas, International Industrial Exhibition INNOPROM (July 11-14), attended by Mrs. Nirmala Sitharaman, Minister of State (Independent Charge) for Commerce and Industry, as well as Chief Ministers of the Indian states of Rajasthan, Maharashtra and Andhra Pradesh and the Eastern Economic Forum (September 2-3). They called for continuation of such interactions and noted that India's participation as a partner country in INNOPROM-2016 highlighted the INNOPROM as one of the most representative among international events in the field of industry, scientific and technological innovations. Both Sides noted with satisfaction successful visit of the Minister of Industry and Trade of the Russian Federation Denis Manturov leading a business delegation to the states of Andhra Pradesh, Rajasthan, Maharashtra and New Delhi from October 11-14, 2016 and noted huge potential for intensification of the Indian-Russian industrial collaboration. The Indian Side welcomed Russia's scheduled participation as partner country in International Engineering Sourcing Show 2017 in India underlining it would impart added momentum to bilateral economic links. Russia welcomed intentions of the Government of India to focus on the opportunities in the Far East of the Russian Federation, participate enthusiastically in the Eastern Economic Forum in 2017, organize a roundtable between the Governors of the Far East Regions of the Russian Federation and the Chief Ministers of different States of India, explore trade and investment opportunities in the agriculture, mining, shipping etc.