During a joint statement with Russian President Vladimir Putin, Prime Minister Narendra Modi praised the enduring friendship between India and Russia,
emphasising the commitment of both countries to enhancing ties despite global challenges. PM Modi announced that the countries have discussed an 'Economic Cooperation Programme' till 2030 and are working towards the early conclusion of an FTA with the Eurasian Economic Union. "Over the past eight decades, the world has witnessed numerous ups and downs. Humanity has had to pass through many challenges and crises. Amidst all this, the India-Russia friendship has remained steadfast like a pole star. These relations, rooted in mutual respect and deep trust, have always stood the test of time. The relationship which stands on mutual respect and deep trust have always stood the test of times," PM Modi said.
PM Modi discusses India-Russia energy ties
PM Modi expressed optimism for the India-Russia Business Forum, which is scheduled to take place later today to serve as a platform for further strengthening the business ties between the two countries.
"It will open new doors to export, co-production and co-innovation. Both sides are working towards the early conclusion of an FTA with the Eurasian Economic Union".
"25 years ago, President Putin had laid the foundation of the India-Russia strategic partnership. 15 years ago, our relationship was lifted to special and priveleged strategic partnership. He has consistently nurtured the relationship in the last 25 years," PM Modi said.
He also underlined India-Russia cooperation on energy and said that the two countries would continue this, while expanding to areas like critical minerals.
"Energy security has been a strong and important pillar of the India-Russia partnership. Our decades-old cooperation in the field of Civil Nuclear Energy has been crucial in giving meaning to our shared priorities for Clean Energy. We will continue this win-win cooperation. Our cooperation in Critical Minerals is crucial to ensuring secure and diversified supply chains across the entire world. This will provide solid support to our partnership in clean energy, high-tech manufacturing, and new age industries," PM Modi said.
"Now we will collaborate on training India's seafarers in polar waters. This will not only strengthen our cooperation in the Arctic, but also create new employment opportunities for the youth of India," the PM added.
Putin is on his first visit to India in four years for a two-day State visit to India at the invitation of Prime Minister Narendra Modi.
(With agency inputs)
