Sayeed said that the trade between the two countries is growing at a healthy rate of 24 per cent annually, there is potential to double the "non-oil component" to $20 billion in the next five years.
In ceasefire violation by Pakistan, two Indian soldiers and a civilian were killed in Tangdhar sector of Kupwara in Jammu and Kashmir.
The Chennai informal summit will provide an opportunity to the two leaders to continue their discussions on overarching issues of bilateral, regional and global importance and to exchange views on deepening India-China Closer Development Partnership, the Ministry of External Affairs said in a statement.
On being again pressed for endorsing Khan's comment on his own Twitter handle, Qureshi said, No! No! Show me the tweet I have written, not what Prime Minister Khan has written. You have said my tweet... show that to me. I want my tweet."
Jaishnakar further said that the revocation of Article 370 of the Constitution was necessary as it had become a 'barrier' and created a sense of alienation which led to separatism in the region.
Though Pakistan has been threatening to completely close its airspace for India since the latter announced its decision to abrogate Article 370, no official notification had come in this regard.
A local terror group called National Thowheeth Jama'ath had claimed responsibility for the devastating attacks.The island nation was put under a state of emergency for a period of four months from April to August.
India and Russia are expected to sign numerous agreements in the fields of defence, trade, investments, industrial cooperation, energy and connectivity corridors at the 20th Annual Summit between the two countries.
During the three-day visit, the Prime Minister is scheduled to hold talks with Russian President Vladimir Putin in which the two leaders will discuss bilateral, regional, and international issues of mutual interest.
Pakistan, which is rattled by India's decision to revoke Article 370 and bifurcating the state into two union territories, has been approaching the world community asking them to interfere in the matter.