India-Russia Annual Summit kicks off in Vladivostok

New Delhi: Prime Minister Narendra Modi and Russian President Vladimir Putin held delegation-level talks in Vladivostok today. The two leaders had discussion on expanding spectrum of bilateral ties, bolstering cooperation in trade and investment, oil and gas, mining, nuclear energy, defence and security sectors.

They also discussed to boost air and maritime connectivity, transport infrastructure, hi-tech, outer space and people-to-people ties between the two countries.

Several MoUs and B2B agreements in the areas of oil and gas, coal mining, agriculture, medicine, skill development, education are on the agenda. Vision documents on Far East of Russia and Space Cooperation and a road map on Cooperation in Hydrocarbons will also be released. In addition, an inter-governmental agreement on a joint venture to manufacture defence spare parts under Make In India will be signed.

Prime Minister Modi will release a commemorative stamp to mark the 150th Birth Anniversary of Mahatma Gandhi and also launch an Yoga app. He will also visit the Street of the Far East Exhibition in Far Eastern Federal University campus. PM Modi will see the demonstration of Medanta Project helicopters MI-171 A2 and Kamov 226T.

Earlier in the day, the Prime Minister and Russian President visited Zvezda Shipbuilding Plant near Vladivostok. Zvezda Shipbuilding Complex is a project of strategic importance for the Far Eastern Region of Russia. It is the largest Russian shipbuilding yard, situated around 150 kilometres from Vladivostok.

The Prime Minister arrived in Vladivostok this morning on a two-day visit at the invitation of Russian President to be the chief guest at the 5th Eastern Economic Forum meeting. PM Modi will address the Plenary Session of the forum tomorrow. In the evening, Russian President Vladimir Putin will host a banquet in the honour of PM Modi.


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