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Russia and India will jointly make spare parts for military equipment
Following the negotiations of Russian President Vladimir Putin and Indian Prime Minister Narendra Modi, departments and companies from the Russian Federation and India signed several memorandums of understanding and cooperation agreements in the field of coal mining, LNG supplies and joint work in other areas. The parties also agreed on the joint production of components and spare parts for Russian-made military equipment.
“India is one of the key partners for Russia. Our negotiations always take place in a friendly atmosphere, this was the case this time too. First, face to face, then with the participation of delegations. The signed package of agreements will serve the further development of relations, ”said Russian President Vladimir Putin.
Vladimir Putin and Narendra Modi visited the Zvezda shipbuilding complex in the city of Bolshoi Kamen, where the Indian submarine Chakra was re-equipped and the crew from India was trained. After that, they returned to the Far Eastern Federal University - the venue for the fifth Eastern Economic Forum, of which Narendra Modi became a participant.
“I am very happy to be in Vladivostok, here the sun rises earlier than in other regions of the world. Vladivostok is determined by people's commitment to work, and it is an honor for me to visit this city. The invitation of Vladimir Putin gave me the opportunity to be the first Indian Prime Minister to visit Vladivostok, ”said Narendra Modi.
According to the Prime Minister, India will invest in hydrocarbons that Russia produces. According to him, a five-year roadmap has already been drawn up for this project. In addition, the Indian company will engage in the development of LNG production and supply in the Far East.