Reinvigorating the Indo-Russian camaraderie

India and Russia have been de facto geopolitical allies with the alliance dating back to Cold war era. Last week’s visit to India at the annual bilateral meeting by Vladimir Putin was as strategic as it has been symbolically perceived by the world. It has proved the mettle of Indian and Russian ties reconciling a strong partnership despite the ongoing global geopolitical realignment.

The Indo-Russian annual bilateral meeting came at a time when Russia is battling with the ghosts of plummeting oil prices and facing the heat of Western sanctions springing from her Crimean annexation. On the other hand India is trying to catalyse her economic growth and improve her global standing under the new leadership. There have been hiccups in Indian and Russian friendship given the recent developments. Russian trade and arm deals with China and Pakistan respectively have irked India while India’s decision to buy Rafale fighters and Apache copters from France and US have met disapproving bristles from Russia. The meeting hence came at a very crucial juncture for both the countries.

Putin’s visit that spanned less than 24 hours has definitely boosted the Indo-Russian ties with more strength. Putin brought along with him a delegation of 15, comprising of Russian business magnates to attend the summit. Putin-Modi meeting at the summit culminated with 20 agreements being signed by the leaders. Narendra Modi went on to say that Russia shall remain the biggest defence supplier to India. India and Russia signed major agreements on nuclear energy, crude oil and gas, defence, fertilizers, diamonds and space.

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Russia will be building 12 nuclear plants in India over the next two decades as per the nuclear agreement. Another major agreement involves Russia building her multi-role aircrafts in India; this would be first major defence project under Modi’s flagship scheme, “Make in India”. Russia’s state-owned Rosneft would be supplying 10-million-tonnes of oil per year to India. Apart from that joint hydro-electric power projects have been agreed upon. Both leaders have agreed upon a decadal roadmap to transform and improve the Indo-Russian bilateral trade.

The trade and defence agreements show the vision of both the leaders to take the Indo-Russian relations to a higher trajectory. Certainly sends out a clear message about India and Russia being all-weather allies.

 

 

 

Maitri Sisodia