By: Muhammad Arif, Editor NSN.Asia

Islamabad: After skipping the SCO Summit in Astana, Indian Prime Minister Narendra Modi is set to arrive in Moscow on invitation of Russian President Vladimir Putin for an official visit starting from Monday (on July 8-9).

PM Modi will hold talks with President Putin in Moscow, and will discuss prospects for further development of traditionally friendly Russian-India relations, as well as relevant issues on the international and regional agenda.

During the visit, Modi and Putin will co-chair the 22nd Russia-India Annual Summit in Moscow on 9 July, Indian Foreign Secretary Vinay Kwatra told reporters on Friday at a special briefing in New Delhi.

The two leaders will hold “restricted” and delegation-level talks at the Kremlin. Modi will arrive in Moscow on 8 July, he added

India will be looking to deepen economic linkages with Russia, with a focus on increasing its exports, during Prime Minister Narendra Modi’s upcoming meeting with President Vladimir Putin at the Kremlin next week, said Kwatra.

Indian Foreign Secretary told media that enhancing cooperation in connectivity projects, be it the International North-South Transport Corridor (INSTC), Chennai-Vladivostok Maritime Corridor and Chabahar port, would figure prominently in talks between Putin and Modi.

India and Russia have enjoyed their multilateral strategic partnership since decades.

In the financial year, 2023-24, bilateral trade sharply increased, touching close to $65 billion, primarily due to strong energy cooperation between the countries. With Indian exports worth $4 billion and imports being close to $60 billion, trade remains imbalanced which is a matter of priority in our discussions with the Russian side,” Kwatra told the

  • Cooperation for Building International North–South Transport Corridor

The spectrum of bilateral trade has widened during the last few years, and Russian India partnership in achieved new milestone in July,2024 when Russian Railways transported two coal trains from Moscow to Mumbai via Iran Using International North–South Transport Corridor.

  • Cooperation for management of Mattala International Airport of Sri Lanka

Also, India-Russia joint venture, comprising Shaurya Aeronautics (Pvt) Ltd of India and Airports of Regions Management Company of Russia have awarded management of Mattala International Airport of Sri Lanka, of USD 209 million facility, is expected to improve regional connectivity and economic prospects in region.

Moscow is supporting New Dehli ’s initiatives “Make in India” (Self-Reliant India), which aims to enhance local production and self-sufficiency in defense manufacturing.

The Indo-Russian Rifles Private Limited (IRRPL), a joint venture between India and Russia, delivered 35,000 AK-203 Kalashnikov assault rifles to the Indian Army, showcasing another achievement in bilateral cooperative partnership.

Earlier alongside the  Shanghai Cooperation Organization Heads of State Council meeting in Astana, Russia’s Foreign Minister Sergey Lavrov held talks with India’s External Affairs Minister Dr S.Jaishankar.

Both sides discussed priority areas of the Russian-Indian bilateral cooperation, primarily in the trade and economic sphere, as well as topical international and regional issues.

It was agreed to continue the comprehensive development of the special and privileged strategic partnership between the two countries.

The parties discussed a wide range of topics regarding the bilateral partnership and current problems. Ministers also noted progress in a number of areas since their last meeting in December 2023.

During the meeting, they also expressed their serious concern over the citizens of India currently in the war zone. We insisted on their safe and speedy return.

In addition, they discussed the global strategic landscape and exchanged their assessments and opinions.

Share.

NSN.Asia

Leave A Reply