India, Russia: interlocking of giant emerging economies
The Indian Prime Minister Manmohan Singh indicated during last July's G-8 Summit in St Petersburg that he wanted to force the pace of Indo-Russian cooperation. The PM remarked that, "The economic pillar of our strategic relationship needs attention, as at present it is not as strong as it should be.' He, and others, have also noted that both economies have been logging up good rates of growth, something that could lay the foundation for more substantive economic cooperation between the two.