Table of Contents
INDIA RUSSIA RELATIONS
S – 400
India finally signed the deal to purchase S-400 Triumpf Long Range Surface to Air Missile System from Russia “As and when the government approves it, delivery (of the missiles) will be in 24 months,” Air Force chief BS Dhanoa has told reporters.
LOW-KEY ANNOUNCEMENT
The deal for S-400 missile system was signed by Joint Secretary (Land Systems) from Indian Defence Ministry and Director General ROE (Rosoboronexport). It did not even found a mention in the press statements released by Prime Minster Narendra Modi or President Vladimir Putin.
WHAT DID THE U.S SAY ABOUT THE DEAL?
RELIANCE OFF-SET CLAUSE?
NO OFF-SET CLAUSE
LIST OF PACTS SIGNED
- Space Exploration – The mission, which is officially known as ‘Gaganyaan’ is expected to gain considerable Russian support in terms of space technology.
- A crucial MoU was signed between the Indian Space Research Organization (ISRO) and the Federal Space Agency of Russia ‘ROSCOSMOS’ with respect to joint activities in the field of human spaceflight programme Gaganyaan.
LIST OF PACTS SIGNED
- More on Space – Along with assistance to India ‘s ambitious ‘Gaganyaan’ project, Russia has also agreed to set up data collection ground stations for India’s recently developed navigation system NaVIC.
- The two sides also agreed to develop cooperation on BRICS remote sensing satellite constellation.
LIST OF PACTS SIGNED
2 – Cochin Shipyard pact with Russia to boost water transport –
- As per the pact, the Russian shipbuilding company will provide the technical support to develop advanced vessels suitable for inland waterways and coastal transportation.
LIST OF PACTS SIGNED
- Railways
The MoC includes the implementation of a ‘speed-upgradation project’ in the Nagpur-Secunderabad section, installation of a single traffic-control centre for efficient management of rail traffic at the local level, efficient practices in freight and cargo operations, development of multi-modal terminals and a mutual exchange of the advanced technologies used by the two countries.
LIST OF EPACTS SIGNED
- Agriculture
The Russian Direct Investment Fund (RDIF), Indian Potash Ltd and producers of phosphate-containing fertilisers PhosAgro Friday announced joint investments in mineral fertiliser production in Russia and India.
LIST OF PACTS SIGNED
- 5. Economy
- The two countries noted that the volume of annual bilateral trade soared by 20 per cent during the previous year. Russia and India also agreed upon encouraging the use of national currencies while engaging in bilateral trade.
- Putin: Trade between Russia & India will reach $30bn by 2025
THE BIG INVITATION
Putin invites Modi to 2019 Vladivostok Economic Forum Also known as Eastern Economic Forum
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