From bilateral trade to military strengthening, what 'agreements' emerged from the Modi-Putin meeting?
Breaking protocol, Prime Minister Narendra Modi 'received' Russian President Vladimir Putin at Delhi airport on Thursday. He sent a message to the entire world about how deep the friendship runs. Not just between the two leaders, but the 'friendship' between the two nations will become even stronger in military power enhancement, commercial exchanges, and economic development. Several such aspects emerged from Friday's meeting at 'Hyderabad House'. In which areas did Moscow and New Delhi stand shoulder to shoulder? Let's take a look at a glance.
Vision 2030
A roadmap for long-term economic cooperation between India and Russia was created from this meeting. This agreement includes expansion of trade between the two countries, co-production, and co-innovation. Both countries will strive to achieve the goal of $100 billion in bilateral trade by 2030. Alongside this, discussions on the India–EAEU Free Trade Agreement also progressed between the two leaders. Discussions were also held on increasing India's exports of pharmaceuticals, agricultural products, and consumer goods.
Energy Boosting Partnership
Energy will play an important role in further strengthening the bonds between the two countries. Civil nuclear coordination and joint work between the two countries on critical minerals were discussed in this meeting. Additionally, President Putin reportedly gave assurances about an uninterrupted energy supply to India.
Joint Fight Against Terrorism
This meeting also brought up the topic of the joint fight against terrorism. Recently, through Operation Sindur, India has sent a clear message to all countries of the world about its tough anti-terrorism stance. The two countries will fight to enhance border security, increase internal security, and uproot terrorism from its roots. On the other hand, India has also clarified its position regarding the war with Ukraine. Prime Minister Modi made it clear that India is not 'neutral' on this issue, but stands for peace.
Technological and Space Research Progress
Indian astronaut Rakesh Sharma first went to space as part of a Soviet Russia (former Russia) project. The relationship between the two countries in space research is long-standing. In the coming days, the two countries will extend their helping hand a bit more in space research. The two countries will expand their scope of work in shipbuilding and artificial intelligence.
Unbreakable Friendship on International Platforms Too
India and Russia have agreed to maintain coordination on international platforms, including the United Nations, G20, BRICS, and SCO. The two countries will work as complements to each other in resolving international problems as well.