India, Russia Planning To Create 'Green Corridor'

India and Russia are contemplating to create a 'green corridor' in order to boost bilateral trade ties.

Indian business daily 'The Economic Times' has reported that Russian Deputy Prime Minister Dmitry Rogozin recently discussed the issue with Indian External Affairs Minister Sushma Swaraj after receiving a proposal in this regard from the Federal Customs Service. The Russian government service regulating customs believes that the proposed corridor will ease customs procedures, thus, strengthening trade ties between the two "friendly" nations.

The daily quoted an Indian External Affairs Ministry official as saying: "The main advantage of the 'green corridor' is that goods being transported by entrepreneurs will not have to undergo customs inspection and examination when crossing the border - measures now commonly used to minimise risks. This also applies to documents."<...