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INTERNATIONAL JOURNAL OF CREATIVE RESEARCH THOUGHTS - IJCRT (IJCRT.ORG)
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Authors
Miss mitali meshram,Dr. Ajay Chandrakar
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Keywords
Bilateral, Trade, Vivify, Treaty, diplomatic, Friendship, Defense
Abstract
India and Russia shared decades of close bond at the highest levels during the Soviet era. Indeed, as early as 1992, India and Russia had negotiated arms agreements worth $650 million. A particularly high point since then has been the evolution from �a purely buyer-seller relationship to joint research, design development and production of state-of-the-art military platforms,� a successful example of it being Brahmos missile. from �a purely buyer-seller relationship to joint research, design development and production of state-of-the-art military platforms,� With an eye on the future, several pacts on cooperation in energy, power, shipbuilding, space and smart cities were signed. Modi and Putin also witnessed the foundation laying ceremony of Units 3 and 4 of Kudankulam nuclear plan, giving a major boost to defence equipment�s, India and Russia signed pacts on purchase of four naval frigates and air defence systems along with a pact for joint production of 200 Kamov 226T helicopters apart from that, more than 70 years of the diplomatic relations between the two countries have been marked by a high degree of convergence on various bilateral and global matters . Both India and Russia are part of non-Western organisations such as SCO and BRICS which has gained geopolitical significance in recent years. Both the country along with other member states, strive towards the establishment of a bloc free geopolitical architecture. the trade relationship clearly needed revamp with bilateral trade having reached a mere $9.51 billion in 2014 which was nowhere near the goal of $20 billion by 2015. The Druzbha-Dosti 2014 joint statement then set the target of attaining the trade level of $30 billion by 2025. the two countries to overcome the old romanticism of the Indo-Soviet ties and engage at a pragmatic level. Today there is no denying the mutual trust and friendship that exists between the two countries.
IJCRT's Publication Details
Unique Identification Number - IJCRT2101011
Paper ID - 201914
Author type - Indian Author
Page Number(s) - 84-90
Pubished in - Volume 9 | Issue 1 | January 2021
DOI (Digital Object Identifier) - http://doi.one/10.1729/Journal.25401
No Of Downloads - 1396
Author Country - 491665, India, rajnandgaon, rajnandgaon, India, Medical Science
Publisher Name - IJPUBLICATION | www.ijcrt.org | ISSN : 2320-2882
E-ISSN Number - 2320-2882
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Miss mitali meshram,Dr. Ajay Chandrakar, "INDIA- RUSSIA ECONOMIC, TRADE, AND VARIOUS RELATIONS ", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.9, Issue 1, pp.84-90, January 2021, Available at :http://www.ijcrt.org/papers/IJCRT2101011.pdf
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