Left Menu
Development News Edition

PM Modi meets Russian Prez Putin, gets invitation for annual Victory Day celebrations


PM Modi meets Russian Prez Putin, gets invitation for annual Victory Day celebrations
Test PressRelease

Russian President Vladimir Putin has invited Prime Minister Narendra Modi for the Victory Day celebrations in May next year as the two leaders had an "excellent meeting" during which they reviewed the progress made in the bilateral ties and discussed ways to further expand the special strategic partnership. Modi, who is in Brazil for the 11th BRICS Summit which will focus on building mechanisms for counter-terrorism cooperation and strengthen India's ties with the world's five major economies, met Putin on Wednesday on the sidelines of the meeting and reviewed the full range of India-Russia relations.

"Had an excellent meeting with President Putin. During our talks, we reviewed the full range of India-Russia relations. India and Russia are cooperating extensively in areas such as trade, security, and culture. The people of our nations will benefit due to close bilateral ties," Modi said in a tweet. During the bilateral meeting, the fourth between the two leaders this year, prime minister Modi said the "frequent meetings have strengthened our relations".

"Our bilateral relations are growing. You have invited me to visit Russia in May for the Victory Day celebrations. I am happily waiting that I will get an opportunity to meet you once again," the Prime Minister said. Both leaders reviewed the progress made in the bilateral relationship since the Prime Minister's visit to Vladivostok in September.

The two leaders noted with satisfaction that the USD 25 billion targets of bilateral trade by 2025 had already been achieved. They decided that the first Bilateral Regional Forum at the level of Russian Provinces and the Indian States be held next year to dismantle the barriers of trade at the regional level. The two leaders noted the stability and progress made in imports of oil and natural gas. They also reviewed the progress made in the field of infrastructure, particularly railways in the context of raising the speed of the Nagpur-Secunderabad sector railway line.

The leaders also noted with satisfaction the cooperation in the defence sector and in the field of civil nuclear energy. They welcomed the prospects of cooperation in civil nuclear energy in third countries. The two leaders also noted that both sides shared a common position on international issues and agreed to continue close consultations in the future.

President Putin reiterated the invitation to Modi to visit Moscow to participate in the Victory Day celebrations next year, which the prime minister gladly accepted. The annual May 9 Victory Day parade in Moscow, where Russia shows off its military might, commemorates the May 1945 allied victory over Nazi Germany.

President Putin highlighted the potential of the Arctic region in natural gas and invited India to invest in the region. He said the bilateral trade had registered a growth of 17 percent.

"This our fourth meeting this year. I am so glad to have this high intensity of the contact. We have been implementing major bilateral projects and strengthening technical cooperation and our cultural exchanges are expanding," the Russian President said in the meeting. The two leaders met over two months after holding extensive talks in Russia's far east Vladivostok city on the sidelines of the Eastern Economic Forum (EEF) during which they discussed ways to further cement the Special and Privileged Strategic Partnership between the two countries.

On September 5, Modi said the friendship between India and Russia was not restricted to governmental interactions in capital cities but was about people and close business relations. India had announced an "unprecedented" USD 1 billion line of credit for Russia's resource-rich the Far East with Prime Minister Modi vowing to support President Putin's "stupendous efforts" to develop the extremely harsh region.

India and Russia signed 15 agreements/MoUs in areas such as defense, air, and maritime connectivity, energy, natural gas, petroleum and trade in September.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


TRENDING

OPINION/BLOG/INTERVIEW

Hyderabad Encounter: Time to review modern judiciary and restore people’s confidence

Its probably for the first time in the history of independent India, the parliamentarians, chief ministers and ministers in the Union and State governments are openly supporting an encounter. This indicates the people from top to bottom hav...

What happens to your outstanding loans if the bank falls?

... ...

Time for a change! Innovations to stop the growing plastic pollution

As the planet is drowning in plastic pollution, many new innovative approaches and solutions have emerged to effectively deal with the menace....

How to avoid fake universities and fishing bait like Farmington

As education sharks are roaming around to prey, we present a guide on how to mitigate hunters and reach to a genuine universityinstitute. In this era of commercialization of education, the fake universities and economic frauds in educationa...

Videos

Latest News

Volcano at White Island, New Zealand erupts

A moderate volcanic eruption began at White Island, New Zealand on Monday, about 50 km 30 miles from the east coast of North Island, authorities said. It is hazardous in the immediate vicinity, the National Emergency Management Agency said ...

Kings snap skid with win over Mavericks

Nemanja Bjelica matched a career high with 30 points and Buddy Hield added 26 as the visiting Sacramento Kings snapped a three-game losing skid with a 110-106 victory over the Dallas Mavericks on Sunday. Bjelica made 13 of 18 from the field...

Peaceful Hong Kong march marred by fire outside court, police say

Hong Kong protesters set fire outside court buildings, threw petrol bombs and spray-painted graffiti on government buildings, marring what was otherwise a generally peaceful march over the weekend, police said on Monday. The comments came a...

US confirms Washington visit by Russian foreign minister

US Secretary of State Mike Pompeo will welcome his Russian counterpart Sergei Lavrov on Tuesday -- the Russians first visit to Washington since a controversial 2017 meeting with US President Donald Trump, the State Department announced. The...

Give Feedback