The 22nd India and Russia bilateral summit in Moscow from July 8-9,2024 involved significant discussions between Prime Minister Narendra Modi and President Vladimir Putin. The summit aimed to solidify the Strategic partnership between the two nations, particularly in the light of the ongoing geopolitical tension.
RED CARPET WELCOME
PM Narendra Modi received a red carpet welcome and
a guard of honour as he landed in Russia’s Moscow on 8th July
2024. Russia’s First Deputy Prime Minister Denis Manturov received
him. This was PM MODI’s First trip to Russia since the Ukraine war began.
DEFENCE COOPERATION
Enhanced Military Ties:
Both countries agreed to deepen their military
cooperation through joint military exercises and enhanced strategic
communications. This included plans for more frequent and complex military
drills to improve interoperability and readiness (ABP Live) (The New Indian
Express).
Technology Transfer and Joint Development:
India and Russia committed to furthering defense
technology transfers and joint development projects. This includes the
development of advanced defense systems and equipment, ensuring that India
benefits from Russia's technological advancements in the defense sector (The
New Indian Express) (DevDiscourse).
Defense Procurement:
Discussions included ongoing and future defence
procurement deals. This encompasses India's acquisition of Russian defense
equipment, such as the S-400 missile defense system, and potential new
agreements to procure other advanced weaponry (Dev Discourse).
Indigenization and Production:
There was a strong emphasis on increasing the
indigenization of defense production in India. Both nations explored ways to
collaborate on manufacturing defense equipment within India, aligning with
India’s 'Make in India' initiative. This involves setting up joint ventures and
defense manufacturing units in India (ABP Live).
Strategic Partnership:
The summit reinforced the strategic defense
partnership, highlighting the importance of a stable and secure geopolitical
environment in the region. Both leaders underscored their commitment to
counterterrorism and maintaining regional security through joint efforts (ABP
Live) (DevDiscourse).
RUSSIA TO DISCHARGE INDIAN FROM ITS ARMY AS PM MODI
RAISES ISSUE WITH PUTIN
ECONOMIC COOPERATION
Trade and Investment Targets:
Both nations set an ambitious target to achieve $50
billion in bilateral trade by 2025. This goal underscores their commitment to
significantly boosting trade volumes from the current levels (ABP Live) (The
New Indian Express).
Energy Cooperation:
Oil and Gas: India and Russia agreed to deepen cooperation in
the oil and gas sector. Russia committed to increasing its supply of crude oil
to India, which is vital for India’s energy security. There were also
discussions about joint ventures in oil exploration and production (ABP
Live) (The New Indian Express).
Nuclear Energy: The collaboration in nuclear energy was
further solidified with agreements to work on additional nuclear power projects
in India. Russia’s Rosatom will play a key role in helping India expand its
nuclear energy capacity (ABP Live).
Investment in Infrastructure:
Both countries agreed to invest in infrastructure
projects, including ports, railways, and highways. This is aimed at enhancing
connectivity and facilitating smoother trade routes between the two countries
(DevDiscourse).
Technology and Innovation:
India and Russia decided to collaborate on
technology and innovation projects, particularly in the fields of artificial
intelligence, cybersecurity, and space technology. Joint ventures and
technology transfer agreements were signed to foster innovation and
technological advancement (ABP Live) (The New Indian Express).
Pharmaceuticals and Healthcare:
The summit highlighted the importance of
cooperation in the pharmaceutical and healthcare sectors. India, being a major
producer of generic drugs, and Russia, with its advanced healthcare
infrastructure, agreed to collaborate on healthcare solutions and pharmaceutical
manufacturing (ABP Live).
Agriculture:
Agricultural trade and cooperation were discussed,
with a focus on increasing the export of Indian agricultural products to Russia
and vice versa. Both nations explored ways to remove trade barriers and enhance
the agricultural trade volume (The New Indian Express).
INTERNATIONAL COOPERATION
United Nations and Multilateral Cooperation:
Both leaders emphasized the need for reforming the
United Nations Security Council to make it more representative and effective.
India reiterated its aspiration for permanent membership, which Russia
continues to support (ABP Live) (The New Indian Express).
BRICS and SCO:
India and Russia reaffirmed their commitment to
strengthening BRICS (Brazil, Russia, India, China, and South Africa) and the
Shanghai Cooperation Organization (SCO). They discussed strategies to enhance
cooperation within these groups, focusing on economic development,
counter-terrorism, and regional stability (ABP Live) (The New Indian
Express).
Counter-Terrorism:
Both nations agreed to enhance their collaboration
in combating global terrorism. They called for a united international response
to terrorism and stressed the importance of not allowing safe havens for
terrorists (The New Indian Express).
Climate Change and Sustainable Development:
Climate change was a significant topic of
discussion. India and Russia pledged to work together on international climate
initiatives and to support each other’s efforts to meet their commitments under
the Paris Agreement. They also discussed renewable energy projects and
sustainable development goals (SDGs) (ABP Live) (The New Indian Express).
Global Economic Stability:
The leaders discussed ways to ensure global
economic stability and resilience. They talked about the need for a fair and
equitable international economic order and emphasized the importance of
multilateralism in global trade (The New Indian Express).
Regional Issues:
The summit covered various regional issues,
including the situation in Afghanistan, the Middle East, and the Indo-Pacific
region. Both countries stressed the importance of regional stability and peace,
highlighting their roles in fostering dialogue and cooperation in these areas
(The New Indian Express) (Dev Discourse).
DIPLOMATIC ACHIEVEMENTS
President
Vladimir Putin conferred Russia's highest civilian honour, the
"Order of Saint Andrew the Apostle," on Prime Minister
Narendra Modi.
Prime Minister Modi was honored with this award for
promoting the strategic partnership and friendly relations between Russia and
India, and the announcement was made in 2019, highlighting Modi’s pivotal role
in enhancing bilateral cooperation
JOIN US FOR MORE UPDATES:-
WHATSAPP CHANNEL -
https://chat.whatsapp.com/KFqEQu2XzFa8RvSg42N9rM
TELEGRAM CHANNEL - https://t.me/learnwithsakshi03
Linkedin account -
Instagram -
https://www.instagram.com/_sakshinchaos_?igsh=MTRobXA5eG9jY3AzMw%3D%3D&utm_source=qr
FOR ANY QUERY, EMAIL US ON - hustlinglearning@gmail.com
Post a Comment