BRICS Summit: Modi meets Putin, reviews India-Russia relations; Says both nations will benefit from close ties

Pune: Prime Minister Narendra Modi met Russian President Vladimir Putin on the sidelines of the 11th BRICS summit on 13 November. Both leaders reviewed the progress made in the bilateral relationship since Modi’s visit to Vladivostok earlier this year. The Prime Minister spoke to Putin about the successful visits of Defence Minister Rajnath Singh and Petroleum Minister Dharmendra Pradhan. This is the 4th time the two leaders have met this year.

Rajnath was in Russia last week where he met his counterpart, Russian Defence Minister General Sergei Shoigu, and urged him to jointly manufacture defence equipment with India. Rajnath also invited Russian manufacturers to participate in the upcoming DefExpo 2020, to be held in Lucknow from February 5-8 next year. Shortly after, Russia announced it’s intent to support ‘Make in India’ with a plan to jointly manufacture Kalashnikov AK-203 rifles in the country.

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Modi and Putin noted that the target set for $25 billion in bilateral trade by 2025 has already been achieved. The two leaders decided that the 1st Bilateral Regional Forum at the level of Russian Provinces and Indian States be held next year to dismantle the barriers of trade at regional level.

The PM and President also noted the stability and progress made in imports of oil and natural gas. Putin highlighted the potential of the Arctic region in natural gas and invited the Prime Minister to invest in the region.

Modi and Putin also reviewed the progress made in the field of Infrastructure, particularly railways, in context of raising the speed of the Nagpur-Secunderabad sector railway line.

The leaders expressed satisfaction about the cooperation in the Defence sector and the field of Civil Nuclear Energy. They welcomed the prospects of cooperation in civil nuclear energy in third countries.

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The two leaders also noted that both sides shared a common position on international issues and agreed to continue close consultations in the future.

President Putin reiterated his invitation to Modi to visit Moscow and participate in the Victory Day celebrations next year, which the Prime Minister accepted.

Modi tweeted after the interaction: “Had an excellent meeting with President Putin. During our talks, we reviewed the full range of India-Russia relations. India and Russia are cooperating extensively in areas such as trade, security and culture. The people of our nations will benefit due to close bilateral ties.”

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The ID Staff

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