SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 27 Sep, 2014  

India.Russia.9.Thmb.jpg India-Russia ties privileged, strategic: PM

manmohan-putin2013.jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
SME Times News Bureau | 22 Oct, 2013
Cooperation with Russia is a "special and privileged strategic partnership" for India, Prime Minister Manmohan Singh said Monday.

"The depth, diversity and dynamism of our cooperation testifies to the fact that ours is truly a special and privileged strategic partnership," the prime minister said in a Twitter message after his summit meeting with Russian President Vladimir Putin.

He thanked Putin for giving a new push to the ties between the two countries.

"I express my deep appreciation to President Putin for his contribution in giving new direction and content to India-Russia relations," he said.

"Our discussions were characterised by the warmth, goodwill and trust that permeate all aspects of our partnership," he said.

The prime minister said he was satisfied with the cooperation between the two countries in various areas.

"I am satisfied with the progress in our bilateral cooperation, including in defence, energy, high-technology trade, investment, space & trade," he said.

Noting that the two countries have "a high degree of convergence on global developments and collaborate constructively in international forums", the prime minister said "the Kudankulam nuclear power project is an important symbol of our strategic partnership where commercial power production will start shortly".

"Our defence cooperation continues to be strong, and we expect that Russia will remain a key defence partner for India," he said.

The prime minister thanked President Putin for his "personal efforts towards securing a peaceful political settlement to the Syrian conflict".

"We also emphasised our shared interest in a peaceful and stable transition in Afghanistan next year," he said.

The prime minister expressed hope that the ties between the two countries will grow.

"I am confident that we'll successfully exploit our growing convergence of interests and take our strategic partnership to even greater heights," he said.

Kudankulam, defence, energy top Manmohan-Putin talks

India and Russia Monday marked a very special phase in their close ties as the first Russian-built reactor in Tamil Nadu's Kudankulam was connected to the electricity grid in south India and poised to produce electricity while a commercial deal for the third and fourth reactors are near complete.

As Indian Prime Minister Manmohan Singh and Russian President Vladimir Putin met in the Russian capital where the temperatures are near freezing, both stressed on the closeness of their ties in all spheres, including cooperation in economic, energy, defence, counter-terrorism and people-to-people contact.

Manmohan Singh and Putin held restricted level talks for over four hours in the Green Drawing Room of the Grand Kremlin Palace, with their close aides, who included from the Indian side Foreign Secretary Sujatha Singh, National Security Advisor Shivshankar Menon, Indian Ambassador Ajai Malhotra and senior officials of the Prime Minister's Office.

Putin, addressing reporters after the delegation level talks and inking of five agreements later, said he was happy that the first reactor had gone critical and was poised to be connected to the electricity grid "in a few hours", while the second one if to go critical in early 2014.

On the third and fourth reactors, on which a commercial deal has got stuck due to concerns over India's civil liability laws, Putin said both sides "have plans to construct the third and fourth units".

Manmohan Singh said that "we have directed our officials to resolve all outstanding issues at the earliest".

Sujatha Singh, addressing newspersons later, said the first unit is to produce 300 MW of electricity from Monday night. She said there were "legal issues" concerning the third and fourth units which were being sorted out.

The joint statement mentions that besides units three and four, both sides have agreed to cooperate "in the construction of additional nuclear power plant units at Kudankulam site as well as in the construction of Russian designed Nuclear Power Plants at new sites in the Republic of India".

Taking major steps to enhance energy cooperation, both sides have decided to set up a joint study group to examine the possibility of directly transporting hydrocarbons to India through the land route.

While India already has stakes in the Sakhalin and Tomsk fields for hydrocarbons, India and Russia have also decided to jointly explore for oil and gas in the Arctic region.

In defence, where both sides are close partners with India sourcing a major chunk of its hardware from Russia, both Putin and Manmohan Singh mentioned the completion of the refitting of the aircraft carrier Admiral Gorshkov, rechristened Vikramaditya, which is to be handed over to India in mid November.

Their defence cooperation has transformed from buyer-seller to co-design and co-production, especially in the Fifth Generation Fighter Aircraft and the Multi Transport Aircraft.

Both sides are to collaborate in manufacture of Russian built Mi-17V-5 helicopter, which was extensively used during rescue operations in the Uttarakhand flood tragedy earlier this year, said the foreign secretary.

Manmohan Singh and Putin discussed Afghanistan, and how to "prevent the effects of terrorism from spilling over". India has made sizeable contribution to infrastructure development in violence-hit Afghanistan.

During their discussions on regional issues, Iran and Pakistan figured. Both sides discussed Syria and India commended Russia's move to defuse the crisis when the US was planning military strikes over alleged use of chemical weapons by President Bashar al Assad.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter