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Russian President Dmitry Putin arrived in India on 10 capital New Delhi, he will be in 24 hours with Indias prime minister Modi signed the oil pipeline, nuclear energy, the diamond trade and arms export and so on many big. "The India times" 10 journal article said, the India and Russia summit is an annual routine meeting, but when Russia by the western countries seeking for the way of trade sanctions, India needs to seize the opportunity to expand the India and Russia trade, to consolidate bilateral relations, a certain extent counterweight to Russias backward China trend.
11 Putin and Modi will hold formal talks, this is both sides after the BRICs summit in Brazil after the first bilateral meeting. "India times" say 10 days, will focus on the economic cooperation of Putin and Mo Di meeting. Modi deliberately cancel routine speech to Parliament in New Delhi, accompanied by Putin, is the world diamond industry conference. Since two years ago, Russia agreed to export to India diamond, progress in this trade is slow, the summit may have contributed to the establishment of the diamond trade center in Mumbai.
In the field of nuclear power cooperation, India and Russia also aspiring. Modi was in Brazil "BRIC summit" accompanied Putin to visit Russia promised by the construction of the India Coutin Khurram nuclear power station. The No. 1 nuclear power reactor last year have been in operation for power generation, the No. 2 reactor next year. According to the Russian ambassador to India Alex Kadakin introduced, the Russian plan for India to build 24 nuclear power reactors. "The India times" said that in the field of nuclear energy cooperation, Russia is currently the only and India to start the actual cooperation rather than only the commitment to hang in the mouth country.
In the oil and gas supply, India and Russia are in reciprocal best time. The former Russian diplomat Penchuk Stoba said in an interview: "Putins visit to India is to resist from the West on Ukraine to Russian pressure, New Delhi, India and Russia should seize the opportunity to sign trade deals." He said that the construction of long distance oil and gas pipeline India and Russia is expected to cost $40000000000, but it will bring to India is $10000000000 return.
The India observer research foundation of Russian experts Nandan Erikrishnan think, Russia does not want to dominate Indias foreign policy. "India the Hindu" say 10 days, India should seize everything possible to pull Russia, it is not completely backward china. Russia has signed energy deals with China, India should at least take the same energy strategy in the strategic level, consideration of Russia will be the extent to further cooperation with china.
"The India times" reported that, at present, the India and Russia bilateral trade volume is not large, will reach $20000000000 by 2015. The merchant of India is not high on the Russian trading enthusiasm, Putin had the further development of Russia and India trade lack of interest. At this summit, modi should persuade Putin convenience Indians to Russia for business visa.
According to sources, the recent arms exports to Russia a Pakistan is bound to become one of the India and Russia summit agenda. Although Russia stressed that "the deal will not threaten Indias old friends safe", but India also tough response to say, India to buy weapons to the United States or other countries also must not affect the security of russia.