Covid-19, oil and military cooperation: what were the main topics of the meeting between Putin and the Indian prime minister?

Covid-19, petróleo y cooperación militar: ¿cuáles fueron los temas principales de la reunión entre Putin y el primer ministro indio?

Russian President Vladimir Putin visited India’s capital New Delhi on Monday, where he participated in the annual summit with Indian Prime Minister Narendra Modi to address various aspects of bilateral cooperation.

According precise the Russian president, Moscow considers India a “great power with a friendly people” Russia, while relations between the two countries continue to point to the future.

In the statement disseminated by the countries after the summit, Putin and Modi stressed that, “while the traditional areas of cooperation continue to grow, new growth factors led to the diversification and expansion of bilateral cooperationIn particular, the parties highlighted progress in areas such as the economy, the energy and military sectors, security, science, technology and culture.

Covid-19 pandemic

In their statement, both leaders expressed their hope that the rapid mutual recognition of vaccination certificates against the coronavirus will contribute to the increase in travel of the citizens of both countries and they agreed to accelerate the procedures of the process.

At the same time, the leaders of both countries decided to evaluate the possibility of reset direct flights of passengers and cargo up to the prepandemic levels.

Economic cooperation

Bilateral trade grew by 38 % in the first half of 2021 despite the coronavirus pandemic, which represents a positive trend in economic relations between the countries, although the parties agreed to set a more ambitious goal, of $ 30 billion by the year 2025. Meanwhile, precisely the supplies of pharmaceutical products continue to be one of the main Indian exports to Russia.

The parties also decided to continue promoting mutual payments in national currencies to reduce the costs, time and risks associated with such payments.

On the other hand, Putin and Modi emphasized the need to facilitate the customs processing of shipmentsTherefore, they agreed to replace the “Green Channel” project with an agreement of mutual recognition of authorized economic operators and a memorandum of mutual understanding on the exchange and prior shipment of customs data.

India also invited the Russian side to participate in shipbuilding projects and the development of inland waterways as a new area of ​​collaboration.

Energy sector

According to the parties, the energy sector represents “the energy bridge” between the countries, for which they reiterated their commitment to increase oil production Russian according to long-term contracts at discounted prices, as well as exports to India and cooperation in the gas sector.

Military development

Likewise, Russia and India announced their plans to promote defense cooperation, in particular to intensify joint development and the creation of new military equipment.

“We work together to develop high-grade military products and their production, including in India,” Putin said, aforementioned by TASS. “We carry out joint military exercises, both on the territory of India and Russia,” he added.

At the same time, the Russian Foreign and Defense Ministers held a meeting with their Indian counterparts, in the framework of which they signed various agreements related to small arms and military cooperation.

Meanwhile, Moscow and New Delhi signed a contract for production of more than 600,000 Kalashnikov AK-203 rifles in the Indian town of Korwa, according to the director of the Federal Service of Military Technical Cooperation of Russia, Dmitri Shugaev, aforementioned por RIA Novosti.

“This means that the needs of the national Armed Forces [de la India] they will be almost fully satisfied. But the most important thing is that India obtains with our help, from the Russian partners, the skills in arms production, a really important matter, among other things for the national industry, “said Shugaev.

Other themes

On the other hand, Putin and Modi expressed their support for a Afghanistan “peaceful, safe and stable” and they stressed that the country must not become a “safe harbor” for terrorism.

The parties also raised the possibility of simplifying visa procedures for citizens of Russia and India, thus agreeing to evaluate the introduction of the use of electronic visas.

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