THE EXPRESS GROUP SUMMIT SPECIAL MONDAY I DECEMBER 24 I 2012 BILATERAL TIES PRECIOUS PARTNERSHIP The ever warm relations have acquired a qualitatively new character in the new millennium SOURCE:BLOOMBERG VladimirPutinandManmohanSinghatthe2007India-Russiaannualsummit FEBUREAU B ILATERALtieswithRussiaarea key pillar of India's foreign policy. India sees Russia as a longstanding and time-tested friend thathasplayedasignificantrole in its economic development and security. Since the signing of the “Declaration on the India-Russia Strategic Partnership” in October 2000–during the visit of President Vladimir Putin to India–bilateral ties have acquired a qualitatively new character with enhanced levels of cooperation taking place in almost all areas of the bilateral rela- tionship, including political, security, trade and economy, defence, science and technology and culture. Under the Declaration of Strategic Partnership, several institutionalised dialogue mechanisms have been put in place that operate at the political and official levels, and ensure regular interaction and follow up on cooperation activities. During the visit of then President Dmitry Medvedev to India in December 2010, it was decided to further elevate the strategic partnership to the level of a “Special and PrivilegedStrategicPartnership”.The65th anniversary of the establishment of diplo- matic relations between India and Russia was celebrated on April 13, 2012. Annual Summit meeting between the Prime Minister of India and the President of the Russian Federation is the highest institutionalised dialogue mechanism. Since the Declaration of Strategic Partnership, 12 Summit meetings have taken place alternatively in India and Russia. The 12th Summit meeting was held in Moscow, on December 16, 2011, between Prime Minister Dr Manmohan Singh and then President Dimitry Medvedev. The two governments have also established two Inter-Governmental Commissions one on Trade, Economic, Scientific, Technological and Cultural Cooperation (IRIGC-TEC), co-chaired by the external affairs minister and the Russian deputy prime minister and another on Military Technical Cooperation co-chaired by the two defence ministers, both of which meet annually. Indo-Russian cooperation in the military technical cooperation sphere has evolved from a simple buyerseller framework to one involving joint research & development, joint production and marketing of advanced defence technologies and systems. The BrahMos missile system is an example of this type of cooperation. Joint development of the Fifth Generation Fighter Aircraft and the Multi Transport Aircraft, as well as the licensed production in India of SU-30 aircraft and T-90 tanks, are other examples of flagship cooperation programmes underway in this area. Russia has been a long standing partner of India in nuclear energy and it recognises India as a country with advanced nu- The Season of Russia in India R USSIAN President Vladimir Putin is scheduled to visit India on December 24, 2012 for the 13th Indo-Russian annual summit. In October 2012, Russia’s Deputy Prime Minister Rogozin visited India to cochair the Indo-Russian Inter-GovernmentalCommission,whichisoneofthe largest and most elaborate mechanisms India has ever had with any country in the world. Virtually every department of Government of India is present at the Indo-Russian inter-governmental commissions where the two sides review their cooperation in every sector,tohavecandidexchangesandto The IndianEXPRESS THE FINANCIAL EXPRESS constructively address some of the challenges that confront them. In November 2012, the Russian Defence Minister also visited India to co-chair the military-technical commission, which assessed the state of health of the robust and highly intense defence partnership between the two countries. Putin’s India visit will impart yet another fillip to the Indo-Russian bilateral relations, which in this 65th anniversary year since diplomatic relations were established between Russia and India after independence is a story of "continuity with enriching changes”, India’s foreign secretary Ranjan Mathai remarked. Last but not the least, the Indian foreign secretary pointed to several big-picture stories of Indo-Russian cooperation. On the global stage, Russia remains India’s trusted friend and confidante. “Russia’s overt support for India’s permanent membership of the UNSC, the NSG, SCO and the APEC are extremely vital for us. Moreover, Russia has often tried to persuade others while endorsing India’s credentials. This is an outcome of the unique tradition of political proximity that we have cultivated over the years,” Mathai observed. clear technology and an impeccable nonproliferation record. The construction of the Kudankulam Nuclear Power Project (KKNPP) is a good example of ongoing cooperation in this area. Units 1&2 of the KKNPP (VVER 1000 MW units) have been built with Russian collaboration. India and Russia have also been collaborating in several high-technology space projects. Under the 2004 Inter-Governmental Agreement on “Cooperation in the areaofexplorationanduseofouterspacefor peacefulpurposes”,RussiaandIndiaarecooperatingonprojectssuchastheMoonmission Chandrayan 2, and the Human Space Flight Project. On April 20, 2011, the jointly developed Indian-Russian Student Satellite Youthsat was successfully launched by India on a PSLV rocket. Bilateraltradehasbeengrowingsteadily. Trade in 2009 was $7.5 billion, in 2010 $8.5billion,andin2011itreached$8.9billion. In the first quarter of 2012, it has reached $4 billion. In 2011, Russian exports to India amounted to $6.1 billion and imports from India to Russia amounted to $2.8 billion. The two-way investment between the two countries stands at about $7.8 billion. Bothsidesacknowledgethatgiventherespective sizes of the Indian and Russian economies, as also untapped economic complementarities, there is vast potential for an increase in bilateral trade volumes and investment. In 2009, both sides set the target of achieving $20 billion in bilateral trade by 2015. Special attention is being paid to energy, pharmaceuticals, IT, steel, hydrocarbons, aerospace, diamonds and food products for this purpose. The IRIGC-TEC is the main institutional mechanism supervising economic cooperation. It integrates six working groups on economicandtradecooperation,minesand ➤➤➤➤ P6 EXPRESS INTERNATIONAL A SPACE MARKETING FEATURE M E S S A G E H.E. Mr Alexander Kadakin Ambassador of Russia in India A KEY FACTOR OF GLOBAL STABILITY DearFriends, The year 2012, when Russia and India celebrate the 65th anniversary of diplomatic relations, is crownedwiththemostimportant bilateral event – theofficialvisitoftheRussian President, Vladimir Putin to New Delhi. This visit follows and upholds the tradition of annual bilateral summits established at the turn of the 21st century, thus having created an efficient mechanism of fostering multidimensional Russian-Indian interaction. Our cooperation has transformed into a key factor of global stability against the backdrop of drastic political, social and economic shiftstakingplacearoundtheglobe. The upcoming summit – the 13th in this format – will mark the culmination of a series of fruitful exchanges at various levels between Moscow and New Delhi. Vladimir Putin, the architect of the newly acquired amity which has blossomed into a special and privileged strategic partnership, is visiting India for the sixth time in twelve years! All his earlier visits gave strong stimuli to broader and deeper bilateral cooperationcoveringtodayanincreasingnumberofnewareas. TheagendaoftheupcomingNewDelhisummitwillbesubstantialin terms of reviewing the entire gamut of our interaction, discussing the present tasks and outlining avenues for the future. The range of documents to be signed covers most sensitive areas and joint projects – from energy and military cooperation to scientific research and cultural exchanges. It will definitely be conducive to further consolidation of Russian-Indianpartnershipintheinterestsofournationsandfortacklingthe problemsthatcauseconcerntotheglobalcommunity.
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