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.”