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India Signs MoU with Russia

Published on May 10, 2020
Current Context: Coal India has signed MOUs with two Russian entities in the areas of coking coal mining in the Russian Far East and the Arctic Region.
India Signs MoU with Russia
  • The first MoU is signed with Far Eastern Agency for Attracting Investments and Supporting Exports (FEAAISE), which is an autonomous non-profit organization in Russia, for cooperating in their activities for mining coking coal in the Russian Far East and Arctic Region.
  • And the second MoU is signed between Coal India and Eastern Mining Company (FEMC) of the Russian Federation for exploring, identifying, sourcing, negotiating, and consummating mutually beneficial investment opportunities in the mining sector in the Russian Far East.
  • The signing of MoUs will enhance the crude oil trade between the two countries. 

Static Part: 

  • Headquarters of Coal India: Kolkata
  • Capital of Russia: Moscow
  • Currency of Russia: Ruble


Q.1 In which of the following field India has recently signed MoU with Russia?
a. Coking Coal
b. Defence arms
c. Telecommunication
d. Tourism
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