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India, Russia Sign 16 Agreements, Defence Manufacturing Gets Boost
Pushing for upping economic ties, PM Modi and President Putin have agreed to institutionalise the CEO’s Forum, with two meetings every year, one to be held in India and the other in Russian Federation.
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Prime Minister Modi landed at Lahore’s Allama Iqbal International Airport today on a surprise visit, where he was received by his Pakistani counterpart Nawaz Sharif and Punjab Chief Minister Shahbaz Sharif.
“Energy is a sphere where we can do much more”, the Indian premier said in an interview to TASS agency this week.
In a statement, Reliance Defense said that “the two sides identified the air defense missile systems… radars and automated control systems as areas of partnership”.
Twin engine Kamov choppers are believed to become mainstay of Indian Army in mountaneous sectors for their unique utility and an agreement over them is the ‘first major platform under Make in India.
“The world has accepted what India has been saying on terrorism: an enemy of humanity that needs to be countered through global cooperation”, he said.
He elaborated that the two countries have been successfully cooperating in the production of BrahMos short-range supersonic missiles and that they planned to jointly develop a new type of jet fighter and transport aircraft. “The agreement today will increase Indian manufacturing contents in these reactors”.
Russian Federation and India signed agreements on Thursday boosting cooperation in energy and defence, New Delhi aiming to modernise its armed forces and build a nuclear industry and sanctions-hit Moscow seeking investment and new markets.
Prime Minister Narendra Modi began the second day of his Russian Federation visit by taking a tour of EMERCOM which is a state of the art crisis management facility in Russian Federation. It supports my mission of Make in India. The new bonhomie between Modi and Putin, both perceived as “strong” leaders in their domestic constituencies, has perhaps grown out of a natural sympathy as well as a calculated effort on India’s part to cultivate other great powers and expand its sphere of influence. Welcoming PM Modi, Imran Khan, Chairman of Pakistan Tehreek-i-Insaf (PTI) party, said he had also invited the Indian PM to Pakistan during his recent visit to India.
Putin’s Leadership Hailing Putin, Modi said in a changing world, his leadership has kept the bilateral relations on a steady course of progress and growth.
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“We are one in our belief that the world must unite and take concerted action on combating terrorism, without distinction and discrimination between terrorist groups and target countries”, he said.