India and Russia also agreed to organise a military industrial conference later in 2016 and create a bilateral science and technology committee
The 17th India-Russia annual summit in Goa lived up to its billing with the two countries concluding a raft of defence deals which indicates political intent on both sides to give more ballast than before to their strategic partnership.
A total of 19 agreements were either signed or adopted on the occasion, including a joint venture for production of Ka-226T helicopters in India, the purchase and construction of four additional frigates and procurement of S-400 air defence system.
India and Russia also agreed to organise a military industrial conference later in 2016 and create a bilateral science and technology committee. The joint statement issued after the delegation-level talks between Indian Prime Minister Narendra Modi and Russian President Vladimir Putin says the Indo-Russian military industrial conference will address military equipment-related issues, including spares, repair, and maintenance of Russian-supplied equipment and co-production. Private players would be invited to participate under the Modi Government's 'Make in India' initiative.
The talks also dwelled on energy cooperation including a proposal for a gas pipeline from Russia to India, using the International North-South Corridor that runs via Iran and is potential for India's cooperation with the Eurasian Economic Union.
Prime Minister Modi noted that, "Russia's clear stand on the need to combat terrorism mirrors our own." He appreciated Russia's understanding and support of India's "actions to fight cross-border terrorism", which can be interpreted as alluding to the September 29 surgical strikes conducted by Indian special forces along the Line of Control in Jammu and Kashmir.
The joint statement amplified it by saying that the two countries "stressed the need to deny safe havens to terrorists and the importance of countering the spread of terrorist ideology as well as radicalisation leading to terrorism, stopping recruitment, preventing travel of terrorists and foreign terrorist fighters" in addition to strengthening border management.
Modi and Putin witnessed the commencement of civil works for the construction of the third and fourth nuclear power reactors being built with Russian assistance at Kudankulam in Tamil Nadu.
That India values its "special and privileged strategic partnership" with Russia can be had from Prime Minister Modi's remark; he quoted a Russian proverb that means 'an old friend is better than two new friends'.
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