PM Modi, Russian President Vladimir Putin to hold talks, sign pacts today on key areas

Moscow(PTI): PM Modi and Vladimir Putin will hold 16th India-Russia annual summit talks on Thursday at the Kremlin following which the two sides are expected to sign a number of pacts to expand cooperation in a number of key areas including defence, nuclear energy, hydrocarbons and trade.

Modi and Putin

Prime Minister Narendra Modi was on Wednesday night hosted by Russian President Vladimir Putin for a private tete-a-tete at the Kremlin during which the two leaders touched upon issues of mutual interest for both countries.

The meeting took place hours after Modi arrived in Moscow to a red carpet welcome. Putin also hosted a private dinner for Modi.

“Building Druzhba-Dosti over dinner. President Putin hosts a private tete-a-tete for PM,” External Affairs Ministry Spokesperson Vikas Swarup tweeted along with pictures of the two leaders shaking hands.

The talks between the two countries, bound by “special and privileged strategic ties”, have been taking place alternately in Moscow and New Delhi since 2000.

In the nuclear energy sector, India is expected to offer a site in Andhra Pradesh to set up units five and six of Kudankulam nuclear power plant.

The new plants will be in sync with broad principles of ‘Make in India’ initiative and a decision in this regard is likely to be finalised tomorrow.

It is expected that both countries will seal a number of defence deals as well.

Last week, India’s Defence Ministry’s top acquisition council had cleared the purchase of Russian S-400 Triumf air defence missile systems at an estimated cost of Rs 40,000 crore and there may be an announcement of the deal tomorrow besides a few others.

Besides bilateral issues, Modi and Putin are likely to deliberate on a number of global issues having political dimensions including the situation in Syria and ways to tackle terrorism.

It will be Modi’s second summit with Putin who had travelled to New last year for the 15th India-Russia Summit.

Posted by on December 24, 2015. Filed under Nation. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.