India, Russia galvanise economic and strategic ties, sign 20 pacts

Unveiling a decade-long vision of their strategic ties, India and Russia have pitchforked their relations onto a higher trajectory by signing a clutch of pacts in areas ranging from nuclear energy, defence, hydrocarbons, culture and public health.
The two strategic partners also signalled a major upswing in their economic ties with corporate entities of the two sides signing over a dozen agreements that includes co-investment through a joint fund, exploration of oil fields and the development of nuclear power.
The first annual summit meeting between India’s Prime Minister Narendra Modi and Russian President Vladimir Putin in New Delhi December 11 has culminated in an all-encompassing joint statement entitled “Druzhba-Dosti: A Vision for strengthening the Indian-Russian Partnership over the next decade.”

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India & Russia: Arc of Friendship, in Changing Times

From frontier areas of science and technology, space, defence and nuclear power to hydrocarbons, trade and investment and cultural synergy, the relations between the two countries are truly all-encompassing and comprehensive. And in the forthcoming presidential visit, the two countries will be heralding a new phase in their multifarious ties through a compelling joint vision statement.
What makes the India-Russia relations special and privileged? And will they retain their unique lustre amid cunning calculations of shifting geopolitics? On this count, the answer is a resounding yes, despite some recent developments like Russia’s contentious decision to sign a defence pact with Pakistan. But the overall picture remains overwhelmingly positive. For what imparts the India-Russia relations its enduring relevance and strength is the sheer range of collaboration in strategic sectors and an identity of perspectives on leading regional and global issues, underpinned by a common belief in mutipolarity and an inclusive world order.

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Putin power for India-Russia ties: New vision, with diamond sparkle

The intricate machinery of time-tested India-Russia relationship is set to hum with a new decadal vision of this crucial partnership and get an added diamond sparkle in economic ties when Russian President Vladimir Putin holds his first annual summit meeting with India’s Prime Minister Narendra Modi December 11. Ahead of the visit, India has struck an upbeat note on the future trajectory of the relationship and hoped that President Putin’s visit will be “a landmark event” and is “expected to provide a fresh impetus to the existing excellent bilateral relations between our two countries.”
Diamonds are forever, and will cast their radiance on the forthcoming presidential visit as Mr Putin is set to attend a diamond conference in New Delhi, with the larger plan of making India into a major global diamond hub.
President Putin’s first visit to India under the new dispensation in New Delhi is, therefore, poised to be substantive and all-encompassing, reaffirming the pivotal place both countries occupy in each other’s strategic calculus amid the vagaries of international politics. The messaging from both sides is distinctly upbeat.

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