Russian Deputy Prime Minister Dmitry Rogozin made abundantly clear the unhappiness of his country in the matter during a joint press event with External Affairs Minister S M Krishna when he emphasised that it was a "sensitive" issue which needs to be addressed.
Telecom licences of Sistema Shyam Teleservices (Sistema's JV in India with Shyam Group) were among the 122 cancelled by the Supreme Court in February this year.
Rogozin said the presence of Vladimir P Yevtushenkov, Chairman of Board of Directors of JSFC Sistema, in his delegation was evidence of the "interest" his country has in the issue. "We feel that in this sensitive area, we must find....Proper treatment to Russian economic entities participating in the local markets similar to other actors," Russian Deputy Prime Minister said.
Responding to Russian concern, Krishna said there is a judicial process on in the matter.
The two leaders, who jointly co-chaired the Indo-Russian Inter-Governmental Commission (IRIGC) for Trade, Economic, Scientific, Technical and Cultural Cooperation, also talked about the "issues" confronting their business ties. (more)
