Russia to build 12 nuclar power units, signs missile systems deal with India during Vladimir Putin's visit
New Delhi, Oct 5 (IBNS) : Visting Russian President Vladimir Putin on Friday said that his Government has plans to share its defence technology and build 12 nuclear power units in India in the next 20 years as two countries signed a deal for five Russian S-400 Triumf missile systems.
Speaking at a joint press conference with Prime Minister Narendra Modi, Putin also said that Russian railway company agreed to help build modern railroads in India.
Russia is also ready to help India launch a manned space mission, he said.
Putin said that mutual trade grew by 21 percent last year, and this year has been 20 per cent.
LIVE📡: PM @narendramodi addresses India-Russia 🇮🇳🇷🇺Business Summit in New Delhi#IndiaRussiaSummit #IndiaRussia #PutininIndia https://t.co/gYewJj7ckY
— PIB India (@PIB_India) October 5, 2018
"If we continue moving at this pace, we will reach our goal faster," Putin said.
India and Russia signed a deal for space cooperation under which an Indian monitoring station will be built near the Russian city of Novosibirsk in Siberia.
Speaking on the international situation,, Putin said he had discussed it with Modi, particularly the Syria issue and the fallout of the US pullout from Iran deal. " I have informed the PM about the situation in Syria. We have also discussed the situation that came as a result of action of US to withdraw from Iran deal," he said.
Putin also invited PM Modi to Russia.“It is my great pleasure to once again invite Prime Minister to participate in the next Vladivostok Forum as the main guest,” said Putin.
In his address, PM Modi said that India gives priority to its relations with Russia.
“India gives priority to its relations with Russia. Russia has always been a part of India's growth story,” he said.
8 MoUs / Agreements were exchanged in the presence of PM @narendramodi and President of Russia Vladimir Putin.
— PIB India (@PIB_India) October 5, 2018
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“Our countries have mutual benefits in supporting struggle against terrorism, Afghanistan and Indo-Pacific events, climate change; organisations like SCO, BRICS, G20 and ASEAN. We have agreed to continue cooperation to these international organisations,” he added.
Both sides expressed satisfaction at significant progress made on the ongoing projects of military-technical cooperation and recognized the positive shift towards joint research and joint production of military-technical equipment between the two countries.
External Affairs Ministry spokesperson Raveesh Kumar tweeted that eight documents exchanged in the presence of the PM.
Putin arrived in New Delhi on Thursday on a two-day visit.
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