Modi's Moscow Visit Revived Fraying India-Russia Ties

Vikrant

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Apr 20, 2013
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As hoped and anticipated, Prime Minister Narendra Modi's first state visit to Russia has imparted a big fillip to bilateral ties between the two countries.

At the end of the 16th Summit between PM Modi and Russian President Vladimir Putin, a Joint Statement titled ''Shared Trust, New Horizons'' and a slew of agreements - 16 of them - between the two governments, as well as a few between private enterprises, were signed on defence, hydrocarbons, nuclear energy and other key areas.

Meanwhile, Anil Ambani's Reliance Group signed a US$6 billion agreement with Russian manufacturer AlmazAntey to work jointly on a range of air defence missile and radar systems for the Indian defence forces. It also signed a deal with Russian United Shipbuilding Company for warships.

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How Modi's Moscow Visit Revived Fraying India-Russia Ties
 

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