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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Russia’s military pact with Pakistan in long-term interest of India, assures Putin

Russia’s military pact with Pakistan has triggered a wave of anxiety among India’s diplomatic-strategic establishment about the future of the much-touted special and privileged partnership between the two strategic partners. But Moscow feels such concerns are a gross-misreading, with President Vladimir Putin assuring that the pact with Pakistan was mainly aimed at counter-terrorism and underlined that it will only serve the long-term interests of India and Russia.

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