India-Russia Relations
- Thread starter Butter Chicken
- Start date
-
- Tags
- india india russia russia
Please finalize Su 30mki UPg first with ToT if possible.
India expands scope of Act East policy in a bid to reset ties with Russia
2 min read . Updated: 18 Jun 2019, 11:07 PM IST, by Elizabeth Roche
Prime Minister Narendra Modi with Russian President Vladimir Putin at the SCO summit in Bishkek (AFP )
NEW DELHI: India seems to be expanding the scope of its Act East policy aimed at engaging the high-growth economies of South-East Asia, bringing Russia into its ambit. The move seems aimed at reassuring Moscow that the Indo-Pacific concept is not aimed at limiting the influence of Russia and China in the region.
At a briefing in Kyrgyzstan’s Bishkek on Thursday, foreign secretary Vijay Gohkale spoke of how India and Russia were looking to expand collaboration in Russia’s Far East. This was an issue, he said, that figured in Prime Minister Narendra Modi’s conversation with Russian President Vladimir Putin in Bishkek on the sidelines of the regional Shanghai Cooperation Organisation summit. “The Russian Far East is extremely resource-rich, besides oil and gas, it has a number of other minerals, it has timber and this is an area in which we would like to work with Russia because Russia is also an important country in the Pacific region and this is part of our Act East policy. So this is something that we are going to lay special emphasis on," Gokhale told reporters in Bishkek.
Including Russia in India’s Act East policy framework would serve to reassure Russia on New Delhi’s Indo-Pacific strategy, said P.S. Raghavan, former Indian ambassador to Russia. “It is gently telling Russia that India’s Indo-Pacific strategy is not anti-Russia strategy," Raghavan said, pointing to many reported remarks by Russian foreign minister Sergei Lavrov criticising the concept. In one instance in February, Lavrov was quoted as saying by Russia’s Tass news agency that the Indo-Pacific was an “artificially imposed concept" that “Washington has started advancing together with Japan and Australia with an apparent goal of containing China and involving India in military and political and maritime processes." Raghavan said India’s Indo-Pacific strategy was aimed at creating an area of cooperation. “It seeks to create forces in the Indo-Pacific that balance the China’s domination in the region. It (Gokhale’s remarks) is therefore important to impress on Russia that this (Indo-Pacific concept) is not against Russia in anyway," he said.
According to Kanwal Sibal, another former ambassador to Russia, Gokhale’s comments could also be seen as a signal to the US “that we maintain our options and should not be seen by others as exclusive partners of the US in this region."
Russia’s wariness over the Indo-Pacific strategy has seen it drawing closer to China, something that India has been eyeing with unease. Russia’s pivot to China started in 2014 following the US and European Union imposing sanctions to isolate Moscow after its annexation of Crimea. Earlier this month, Chinese President Xi Jinping undertook a three-day visit to Moscow with Putin describing bilateral relations as “probably (having) reached the highest point in their entire history and continue to develop." The closeness in China-Russia ties has also seen Moscow reach out to Pakistan—something that has triggered concerns in New Delhi.
India expands scope of Act East policy in a bid to reset ties with Russia
2 min read . Updated: 18 Jun 2019, 11:07 PM IST, by Elizabeth Roche
- Move seems to reassure Moscow that Indo-Pacific concept is not aimed at limiting influence on Russia and China
- Russia’s wariness over the Indo-Pacific strategy has seen it drawing closer to China, something that India has been eyeing with unease
Prime Minister Narendra Modi with Russian President Vladimir Putin at the SCO summit in Bishkek (AFP )
NEW DELHI: India seems to be expanding the scope of its Act East policy aimed at engaging the high-growth economies of South-East Asia, bringing Russia into its ambit. The move seems aimed at reassuring Moscow that the Indo-Pacific concept is not aimed at limiting the influence of Russia and China in the region.
At a briefing in Kyrgyzstan’s Bishkek on Thursday, foreign secretary Vijay Gohkale spoke of how India and Russia were looking to expand collaboration in Russia’s Far East. This was an issue, he said, that figured in Prime Minister Narendra Modi’s conversation with Russian President Vladimir Putin in Bishkek on the sidelines of the regional Shanghai Cooperation Organisation summit. “The Russian Far East is extremely resource-rich, besides oil and gas, it has a number of other minerals, it has timber and this is an area in which we would like to work with Russia because Russia is also an important country in the Pacific region and this is part of our Act East policy. So this is something that we are going to lay special emphasis on," Gokhale told reporters in Bishkek.
Including Russia in India’s Act East policy framework would serve to reassure Russia on New Delhi’s Indo-Pacific strategy, said P.S. Raghavan, former Indian ambassador to Russia. “It is gently telling Russia that India’s Indo-Pacific strategy is not anti-Russia strategy," Raghavan said, pointing to many reported remarks by Russian foreign minister Sergei Lavrov criticising the concept. In one instance in February, Lavrov was quoted as saying by Russia’s Tass news agency that the Indo-Pacific was an “artificially imposed concept" that “Washington has started advancing together with Japan and Australia with an apparent goal of containing China and involving India in military and political and maritime processes." Raghavan said India’s Indo-Pacific strategy was aimed at creating an area of cooperation. “It seeks to create forces in the Indo-Pacific that balance the China’s domination in the region. It (Gokhale’s remarks) is therefore important to impress on Russia that this (Indo-Pacific concept) is not against Russia in anyway," he said.
According to Kanwal Sibal, another former ambassador to Russia, Gokhale’s comments could also be seen as a signal to the US “that we maintain our options and should not be seen by others as exclusive partners of the US in this region."
Russia’s wariness over the Indo-Pacific strategy has seen it drawing closer to China, something that India has been eyeing with unease. Russia’s pivot to China started in 2014 following the US and European Union imposing sanctions to isolate Moscow after its annexation of Crimea. Earlier this month, Chinese President Xi Jinping undertook a three-day visit to Moscow with Putin describing bilateral relations as “probably (having) reached the highest point in their entire history and continue to develop." The closeness in China-Russia ties has also seen Moscow reach out to Pakistan—something that has triggered concerns in New Delhi.
India expands scope of Act East policy in a bid to reset ties with Russia
India could sign LEMOA-like logistics agreement with Russia during PM Narendra Modi's Vladivostok visit
India
By Srinjoy Chowdhury | National Affairs Editor
Updated Jul 15, 2019 | 22:40 IST
Agreements like LEMOA — which facilitate mutual use of ports for refuelling — could also be signed with other countries such as Japan, South Korea, Australia and Britain.
Modi and Putin met on the sidelines of the SCO summit in Kyrgyzstan's capital Bishkek in June/ File photo (Credit: MEA) | Photo Credit: Twitter
Key Highlights
New Delhi: India signed the LEMOA or the Logistics Exchange Memorandum of Agreement with the United States in August 2016. A similar agreement with Russia is likely in the next two months.
The Reciprocal Logistics Support Agreement (RLSA) is being readied and could happen in the presence of Prime Minister Narendra Modi, who is expected to be in Vladivostok for the East Asia Summit in September.
The RLSA will be a tri-service agreement, meaning that the Russians could not only use ports like Mumbai and Vishakhapatnam for refuelling but also, airports after the agreement is signed. India, of course, could do the same, when it came to Russian ports and airbases. Interestingly, global warming makes the signing of the agreement with Russia, one of India's closest defence allies, more imperative.
A high-level government official pointed out that the "Northern Arctic could well be upon for longer periods because of global warming. And also, India is looking at an Arctic station in the near future." Currently, there are monitoring stations manned by Indian environmental scientists in Svalbard, in Norway.
Russia is looking for a greater Indian role during the East Asia Summit. They have requested India for the presence of a warship to be anchored off Vladivostok during the summit. This could well be a frigate or destroyer of the Indian Navy made by an Indian shipyard.
(Why ? To show off the military aspects of East Asia Summit when there isn't one ? Well in that case, forget destroyer or frigates, send in the VC-11184
, I know its not ready yet but we can do sea trails along the way and it would be a classic trolling move.
)
Russia apart, India is looking for logistics support agreements with other countries. They include Japan, South Korea, Australia and Britain. The agreement with Australia is likely later this year.
The RLSA is more evidence of India's refusal to abandon its 50-year-old defence ties with Russia, despite American pressure. The United States had expressed its disappointment after India purchased the S-400 air-defence system and frigates. During the last meeting with US officials during the visit by Mike Pompeo, the US secretary of state, India pointed out that Russia had helped when no other country was willing to offer weapons and equipment.
India could sign LEMOA-like logistics agreement with Russia during PM Narendra Modi's Vladivostok visit
India
By Srinjoy Chowdhury | National Affairs Editor
Updated Jul 15, 2019 | 22:40 IST
Agreements like LEMOA — which facilitate mutual use of ports for refuelling — could also be signed with other countries such as Japan, South Korea, Australia and Britain.
Modi and Putin met on the sidelines of the SCO summit in Kyrgyzstan's capital Bishkek in June/ File photo (Credit: MEA) | Photo Credit: Twitter
Key Highlights
- The RLSA will be a tri-service agreement
- Similar agreements could be signed with Japan, South Korea, Australia and Britain
New Delhi: India signed the LEMOA or the Logistics Exchange Memorandum of Agreement with the United States in August 2016. A similar agreement with Russia is likely in the next two months.
The Reciprocal Logistics Support Agreement (RLSA) is being readied and could happen in the presence of Prime Minister Narendra Modi, who is expected to be in Vladivostok for the East Asia Summit in September.
The RLSA will be a tri-service agreement, meaning that the Russians could not only use ports like Mumbai and Vishakhapatnam for refuelling but also, airports after the agreement is signed. India, of course, could do the same, when it came to Russian ports and airbases. Interestingly, global warming makes the signing of the agreement with Russia, one of India's closest defence allies, more imperative.
A high-level government official pointed out that the "Northern Arctic could well be upon for longer periods because of global warming. And also, India is looking at an Arctic station in the near future." Currently, there are monitoring stations manned by Indian environmental scientists in Svalbard, in Norway.
Russia is looking for a greater Indian role during the East Asia Summit. They have requested India for the presence of a warship to be anchored off Vladivostok during the summit. This could well be a frigate or destroyer of the Indian Navy made by an Indian shipyard.
(Why ? To show off the military aspects of East Asia Summit when there isn't one ? Well in that case, forget destroyer or frigates, send in the VC-11184
, I know its not ready yet but we can do sea trails along the way and it would be a classic trolling move.)Russia apart, India is looking for logistics support agreements with other countries. They include Japan, South Korea, Australia and Britain. The agreement with Australia is likely later this year.
The RLSA is more evidence of India's refusal to abandon its 50-year-old defence ties with Russia, despite American pressure. The United States had expressed its disappointment after India purchased the S-400 air-defence system and frigates. During the last meeting with US officials during the visit by Mike Pompeo, the US secretary of state, India pointed out that Russia had helped when no other country was willing to offer weapons and equipment.
India could sign LEMOA-like logistics agreement with Russia during PM Narendra Modi's Vladivostok visit
India, Russia To Boost Ties To Achieve $30 Billion In Bilateral Trade By 2025
PTI @PTI_News
August 13 2019, 4:18 PM
Commerce Minister Piyush Goyal led a delegation of four chief ministers and 140 Indian companies at a business session in Vladivostok, Russia, on Aug. 11-13. (Photographer: T. Narayan/Bloomberg)
India and Russia have called for diversifying and deepening of economic ties in priority sectors to meet the bilateral trade target of $30 billion by 2025, India’s commerce ministry said on Tuesday. The expansion of India-Russia bilateral trade was the focus of a meeting between India’s Commerce Minister Piyush Goyal and Russia’s Deputy Prime Minister Yuri Trutnev between Aug. 11 and Aug. 13 in Vladivostok, Russia.
A delegation, including chief ministers of Haryana, Gujarat, Uttar Pradesh and Goa, and about 140 Indian companies, was led by Goyal at the business session. He urged companies of both countries to discuss partnerships directly and come up with concrete project proposals. According to a commerce ministry statement, several memoranda of understanding were signed between regions of Russian Far East and five states of India to expand and strengthen cooperation in sectors of trade, economy, science and technology.
An agreement was also signed between Amity University and Russia’s Far East Federal University to enhance relations and develop academic and cultural exchange in areas of education and research. An agreement was also concluded on the establishment of representative offices, Centre for Yoga, and Pushkin Centre for Russian Language and Cultural Studies.
The chief ministers of Haryana, Gujarat, Uttar Pradesh and Goa also sought Russian investments and collaborations in energy, agriculture and food processing sectors.
India-Russia bilateral trade stood at $8.3 billion in 2018-19.
India, Russia To Boost Ties To Achieve $30 Billion In Bilateral Trade By 2025
PTI @PTI_News
August 13 2019, 4:18 PM
Commerce Minister Piyush Goyal led a delegation of four chief ministers and 140 Indian companies at a business session in Vladivostok, Russia, on Aug. 11-13. (Photographer: T. Narayan/Bloomberg)
India and Russia have called for diversifying and deepening of economic ties in priority sectors to meet the bilateral trade target of $30 billion by 2025, India’s commerce ministry said on Tuesday. The expansion of India-Russia bilateral trade was the focus of a meeting between India’s Commerce Minister Piyush Goyal and Russia’s Deputy Prime Minister Yuri Trutnev between Aug. 11 and Aug. 13 in Vladivostok, Russia.
A delegation, including chief ministers of Haryana, Gujarat, Uttar Pradesh and Goa, and about 140 Indian companies, was led by Goyal at the business session. He urged companies of both countries to discuss partnerships directly and come up with concrete project proposals. According to a commerce ministry statement, several memoranda of understanding were signed between regions of Russian Far East and five states of India to expand and strengthen cooperation in sectors of trade, economy, science and technology.
An agreement was also signed between Amity University and Russia’s Far East Federal University to enhance relations and develop academic and cultural exchange in areas of education and research. An agreement was also concluded on the establishment of representative offices, Centre for Yoga, and Pushkin Centre for Russian Language and Cultural Studies.
The chief ministers of Haryana, Gujarat, Uttar Pradesh and Goa also sought Russian investments and collaborations in energy, agriculture and food processing sectors.
India-Russia bilateral trade stood at $8.3 billion in 2018-19.
India, Russia To Boost Ties To Achieve $30 Billion In Bilateral Trade By 2025
India, Russia to seal nuclear pact next week
Russia hopes to conclude a new pact for building six more nuclear power plants in India during next week’s visit to Vladivostok by Prime Minister Narendra Modi, Russian ambassador to India Nikolay Kudashev said. The trip is expected to open a “new chapter" in the “special and privileged strategic partnership," between the two countries, he said on Wednesday.
Speaking to reporters ahead of Modi’s 4-5 September visit to Russia, Kudashev strongly backed India’s position on the revocation of Article 370 of its Constitution and added that New Delhi and Islamabad should resolve outstanding issues through dialogue, based on the 1972 Simla Agreement and the 1999 Lahore Declaration.
Modi is to visit Vladivostok to attend the Eastern Economic Forum as well as the annual bilateral summit with Russian President Vladimir Putin. This is the 20th summit between the leaders of the two countries since the year 2000 when the mechanism was institutionalized. The meeting between Modi and Putin next week will be their third this year—previously they met on the margins of the Shanghai Cooperation Organisation meet in the Kyrgyz capital Bishkek and the G20 meet in Osaka.
Indian foreign minister S. Jaishankar is currently in Moscow for meetings with his Russian counterpart Sergey Lavrov to finalize the agenda for Modi’s visit. The two countries are looking to get Indian investment into Russia’s Far East that borders China, a region rich in mineral resources. Earlier this month, commerce minister Piyush Goyal visited the Russian Far East accompanied by the chief ministers of Goa, Gujarat, Haryana and Uttar Pradesh, besides a 140-member strong Indian business delegation.
Russia’s deputy chief of mission in New Delhi, Roman Babushkin added that Russia will be delivering the S-400 air defence missile system to India by 2023 despite the US pressure on New Delhi not to acquire the system.
Russian Trade Commissioner Yaroslav Tarasyuk said India will “soon" make 20% of the payment towards the $5.2 billion missile deal under a new payment mechanism. India has been facing the threat of sanctions by the US for procuring these missiles from Moscow. America has threatened to impose sanctions on India under the CAATSA (Countering America’s Adversaries Through Sanctions Act) legislation. Sberbank of Russia — that has a branch in New Delhi — is to receive the amount in rupees and pay Moscow in ruble under the new payment mechanism. Russia’s VTB Bank which too has a presence in India, is also expected to be engaged for payments made in defence deals between New Delhi and Moscow.
One of the key takeaways expected from Modi’s visit is the signing of a pact for the construction of six nuclear power plants for India. This is apart from the six being set up in Kudankulam in Tamil Nadu.
On Kashmir and the abrogation of Article 370, Kudashev said: “India’s decision (on Jammu and Kashmir) is a sovereign decision which is as per its Constitution. Our position on the issue is totally identical to India’s position."
India, Russia to seal nuclear pact next week
Russia hopes to conclude a new pact for building six more nuclear power plants in India during next week’s visit to Vladivostok by Prime Minister Narendra Modi, Russian ambassador to India Nikolay Kudashev said. The trip is expected to open a “new chapter" in the “special and privileged strategic partnership," between the two countries, he said on Wednesday.
Speaking to reporters ahead of Modi’s 4-5 September visit to Russia, Kudashev strongly backed India’s position on the revocation of Article 370 of its Constitution and added that New Delhi and Islamabad should resolve outstanding issues through dialogue, based on the 1972 Simla Agreement and the 1999 Lahore Declaration.
Modi is to visit Vladivostok to attend the Eastern Economic Forum as well as the annual bilateral summit with Russian President Vladimir Putin. This is the 20th summit between the leaders of the two countries since the year 2000 when the mechanism was institutionalized. The meeting between Modi and Putin next week will be their third this year—previously they met on the margins of the Shanghai Cooperation Organisation meet in the Kyrgyz capital Bishkek and the G20 meet in Osaka.
Indian foreign minister S. Jaishankar is currently in Moscow for meetings with his Russian counterpart Sergey Lavrov to finalize the agenda for Modi’s visit. The two countries are looking to get Indian investment into Russia’s Far East that borders China, a region rich in mineral resources. Earlier this month, commerce minister Piyush Goyal visited the Russian Far East accompanied by the chief ministers of Goa, Gujarat, Haryana and Uttar Pradesh, besides a 140-member strong Indian business delegation.
Russia’s deputy chief of mission in New Delhi, Roman Babushkin added that Russia will be delivering the S-400 air defence missile system to India by 2023 despite the US pressure on New Delhi not to acquire the system.
Russian Trade Commissioner Yaroslav Tarasyuk said India will “soon" make 20% of the payment towards the $5.2 billion missile deal under a new payment mechanism. India has been facing the threat of sanctions by the US for procuring these missiles from Moscow. America has threatened to impose sanctions on India under the CAATSA (Countering America’s Adversaries Through Sanctions Act) legislation. Sberbank of Russia — that has a branch in New Delhi — is to receive the amount in rupees and pay Moscow in ruble under the new payment mechanism. Russia’s VTB Bank which too has a presence in India, is also expected to be engaged for payments made in defence deals between New Delhi and Moscow.
One of the key takeaways expected from Modi’s visit is the signing of a pact for the construction of six nuclear power plants for India. This is apart from the six being set up in Kudankulam in Tamil Nadu.
On Kashmir and the abrogation of Article 370, Kudashev said: “India’s decision (on Jammu and Kashmir) is a sovereign decision which is as per its Constitution. Our position on the issue is totally identical to India’s position."
India, Russia to seal nuclear pact next week
PM Narendra Modi's visit to Russian far-east: Why it matters
TIMESOFINDIA.COM | Updated: Sep 4, 2019, 11:15 IST
Photo : TIMESOFINDIA.COM
HIGHLIGHTS
For long, the focus of Russian economic and political development was the nation's European side, home to cities Moscow and St Petersburg. But amidst the stagnation of the European economy and the rise of East, Putin has increased his focus on the far-east. The Far Eastern Federal District, which is twice the size of India, is rich in resources but has a population of merely 8 million. It is also vastly underdeveloped. Thus Russia needs the help of Asian countries. Putin wants to avoid over-dependence on Beijing. Hence, Russia is keen to bring investors other than China into its Pacific region.
Ample opportunities for India in Russia's far-east
The resource-rich region provides ample opportunities for India, an energy-hungry nation. India could also provide Russia with much-needed labour for projects in the sparsely populated region. By investing in far-east, Indian companies also get access to a market where it doesn't compete with Western firms. Both the countries are also looking at opportunities to explore hydrocarbons on the continental shelf in the Arctic and the Russian far-east together.
The push in far-east is also an attempt by Moscow to consolidate its clout in the Pacific region. The interest of both New Delhi and Moscow align in the matter of Asia-Pacific security. India is a strong power in the Indian Ocean with a serious interest in the Pacific Ocean, Russia is a strong Pacific power with an interest in the Indian Ocean," foreign minister S Jaishankar said.
The bilateral relations between Moscow and New Delhi
The Modi-Putin meeting will be the 20th annual bilateral summit between the nations. The two leaders are expected to sign deals on defence, trade, energy as well as industrial cooperation.
Politically, there are no disagreements between Russia and India, so the discussions between the two strategic partners are likely to focus on economic matters. Both the countries, with bilateral trade ties amounting to $11 billion, are likely to focus on increasing mutual investments and cooperation in the energy sector.
That India has gone ahead with the purchase of S-400 missile defence system, for over $5 billion, against US wishes, underlines the strength of the ties.
Russia and India in 2015 signed a $1 billion agreement to jointly make Kamov Ka-226 military helicopters, part of the "Make in India" initiative. However, the deal has been pushed back repeatedly. India in March launched a joint venture with Russia to manufacture AK-203 assault rifles. Both these agreements are likely to get the much-needed boost during the bilateral talks between the two leaders.
Modi and Putin are expected to discuss a proposal to establish a free trade zone between India and the Eurasian Economic Union (EAEU), a five-nation grouping, comprising Russia, Kazakhstan, Kyrgyzstan, Armenia and Belarus, formed in 2015 to create conditions for the stable development of economies of the member states. Talks have been concluded on this proposal which is expected to give a fillip to the economic ties between India and the Eurasian region.
The issue of tension between India and Pakistan over Jammu and Kashmir may also figure in the talks
The Eastern Economic Forum
The three-day Eastern Economic Forum (EEF) to be held here from September 4 will see over 70 business events, focusing on ways to expand international cooperation in the Asia-Pacific region and developing the economy in Russias Far East.
PM Modi will be the Chief Guest at the Forum, which will also see participation from a number of other countries at ministerial level, including China, South Korea, North Korea, Singapore and Indonesia.
PM Narendra Modi visit to Russian far-east: Why it matters | India News - Times of India
TIMESOFINDIA.COM | Updated: Sep 4, 2019, 11:15 IST
HIGHLIGHTS
- The Far Eastern Federal District, which is twice the size of India, is rich in resources but has a population of merely 8 million
- The resource-rich region provides ample opportunities to India, an energy-hungry nation
- By investing in far-east, Indian companies also get access to a market where it doesn't compete with Western firms
For long, the focus of Russian economic and political development was the nation's European side, home to cities Moscow and St Petersburg. But amidst the stagnation of the European economy and the rise of East, Putin has increased his focus on the far-east. The Far Eastern Federal District, which is twice the size of India, is rich in resources but has a population of merely 8 million. It is also vastly underdeveloped. Thus Russia needs the help of Asian countries. Putin wants to avoid over-dependence on Beijing. Hence, Russia is keen to bring investors other than China into its Pacific region.
Ample opportunities for India in Russia's far-east
The resource-rich region provides ample opportunities for India, an energy-hungry nation. India could also provide Russia with much-needed labour for projects in the sparsely populated region. By investing in far-east, Indian companies also get access to a market where it doesn't compete with Western firms. Both the countries are also looking at opportunities to explore hydrocarbons on the continental shelf in the Arctic and the Russian far-east together.
The push in far-east is also an attempt by Moscow to consolidate its clout in the Pacific region. The interest of both New Delhi and Moscow align in the matter of Asia-Pacific security. India is a strong power in the Indian Ocean with a serious interest in the Pacific Ocean, Russia is a strong Pacific power with an interest in the Indian Ocean," foreign minister S Jaishankar said.
The bilateral relations between Moscow and New Delhi
The Modi-Putin meeting will be the 20th annual bilateral summit between the nations. The two leaders are expected to sign deals on defence, trade, energy as well as industrial cooperation.
Politically, there are no disagreements between Russia and India, so the discussions between the two strategic partners are likely to focus on economic matters. Both the countries, with bilateral trade ties amounting to $11 billion, are likely to focus on increasing mutual investments and cooperation in the energy sector.
That India has gone ahead with the purchase of S-400 missile defence system, for over $5 billion, against US wishes, underlines the strength of the ties.
Russia and India in 2015 signed a $1 billion agreement to jointly make Kamov Ka-226 military helicopters, part of the "Make in India" initiative. However, the deal has been pushed back repeatedly. India in March launched a joint venture with Russia to manufacture AK-203 assault rifles. Both these agreements are likely to get the much-needed boost during the bilateral talks between the two leaders.
Modi and Putin are expected to discuss a proposal to establish a free trade zone between India and the Eurasian Economic Union (EAEU), a five-nation grouping, comprising Russia, Kazakhstan, Kyrgyzstan, Armenia and Belarus, formed in 2015 to create conditions for the stable development of economies of the member states. Talks have been concluded on this proposal which is expected to give a fillip to the economic ties between India and the Eurasian region.
The issue of tension between India and Pakistan over Jammu and Kashmir may also figure in the talks
The Eastern Economic Forum
The three-day Eastern Economic Forum (EEF) to be held here from September 4 will see over 70 business events, focusing on ways to expand international cooperation in the Asia-Pacific region and developing the economy in Russias Far East.
PM Modi will be the Chief Guest at the Forum, which will also see participation from a number of other countries at ministerial level, including China, South Korea, North Korea, Singapore and Indonesia.
PM Narendra Modi visit to Russian far-east: Why it matters | India News - Times of India
