Agreement Between India And Russia

In December 2008, during a visit by the Russian President to New Delhi, Russia and India signed an agreement on the construction of civilian nuclear reactors in India. [70] India and Russia have signed 15 agreements aimed at improving bilateral cooperation in different fields such as oil and gas, mining, road transport and coal. The agreements were signed today in the presence of Prime Minister Narendra Modi and Russian President Vladimir Putin at the 2nd annual India-Russia Summit. Officials from the two countries discussed how to strengthen cooperation between their respective countries and the information technology industry. Russian Communication Minister Nikolai Nikiforov said in an interview: “The development of computer products and software is traditionally a strength of India. We welcome possible joint projects on the ground and closer contacts between Russian and Indian companies. [57] India is also significantly strengthening cooperation between Indian states and the regions of Russia. We have nine partner state and city agreements, and more are being considered. A new phase in India`s interaction with Russian regions was reached during Prime Minister Shri Narendra Modi`s meeting with regional governors in June 2017 and between the meeting between Secretary of State Sushma Swaraj and the governors of the Far East. The Russian Far East is a new priority of our policy.

Between 2013 and 2018, Russia accounted for 62 percent of arms sales to India, up from 79 percent between 2008 and 2012. [39] “Relations between India and Russia are based on traditional pillars, defense being one of them. Prime Minister Modi stressed the need to change and diversify this old traditional relationship. Defence and defence production is an area of diversification in this area. More than 60 to 70% of the Indian forces are supplied with Russian equipment. We have signed an agreement for spare parts for Russian equipment to be manufactured in India. One of the flagship programs of the “Make In India” initiative is the agreement between the two countries for the manufacture of the Kalashnikov Ak-203 – one of the most modern assault rifles in the world – manufactured under the “Make in India” program in Kurwa. .

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