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India has sought increased market access to China for Indian exports and investments.
Russia joined the Council in 1996 and is one of the five main contributors to its budget.
China is India's second largest trade partner and India is China's largest trade partner in South Asia.
Asian countries including China are hoping to cut shipping routes through the Arctic.
The WTO director general elect said his greatest challenge would be to make the Doha Development Round move forward.
It is the third time in less than a year that the Russian president has met his South African counterpart.
Ratings agency Fitch has just upgraded Greece and given the nation a stable outlook.
Ten provinces have been affected so far with transport conditions being badly hit.
India is a major client, with an order of 197 Ka-226T combat helicopters up for grabs in a current tender.
Ban says Russia has an important role to play in international affairs.