Connect with us

Breaking

India, Russia sign 16 agreements across multiple sectors 

Published

on

According to separate agreement, a Russian consortium comprising energy giant Rosneft Oil Company, commodities trader Trafigura and private investment group United Capital Partners agreed to purchase 98 percent of Essar Oil for $10.9 billion.

14589671_1361449197199566_6839467296342913791_o

Benaulim (Goa), Oct 15 : India and Russia on Saturday signed 16 agreements across multiple sectors following delegation-level talks co-chairedd by Prime Minister Narendra Modi and Russian President Vladimir Putin here.

“New horizons in the #IndiaRussia partnership. PM & Prez Putin witness exchange of 16 agreements and 3 announcements across fields,” External Affairs Ministry spokesperson Vikas Swarup tweeted following the 17th annual bilateral summit between the two countries.

14692161_1361449293866223_9108602101432641488_o

Among the agreements signed were procurement of the S-400 air defence system and construction of 1135 series of frigates in India.

Another agreement was signed to set up a joint venture to manufacture helicopters.

A memorandum of understanding (MoU) was signed for setting up an investment fund of $1 billion.

Agreements were also signed for developing smart cities in Andhra Pradesh and Haryana, and for developing transport logistics systems for such cities.

Another important agreement was signed for the joint study of a gas pipeline to India from Russia.

14706834_1361449323866220_7395773100986187057_o

According to separate agreement, a Russian consortium comprising energy giant Rosneft Oil Company, commodities trader Trafigura and private investment group United Capital Partners agreed to purchase 98 percent of Essar Oil for $10.9 billion.

Rosneft also signed an agreement with ONGC Videsh for education and training in the oil and gas sector.

14711621_1361449200532899_8413203990214622901_o

Both sides agreed to extend cooperation in railways development and to increase the speed of trains between Nagpur and Secunderabad.

An MoU was signed between India’s ISRO and the Russian state space agency on collaboration in space technology.

An agreement was signed on cooperation on international information security.

Another MoU was signed for expansion of bilateral trade and economic cooperation between India and Russia.

A road map for celebrating 70 years of India-Russia diplomatic ties was also announced.

Another announcement pertained to cooperation between the two countries on international issues.

Breaking

SAD breaks alliance with BJP Leaves NDA in protest against farmers ordinance

Published

on

By

Chandigarh, 26 Sep : The Shiromani Akali Dal (SAD) has severed its alliance with the BJP. The Akali Dal had a 22-year-old alliance with the BJP.

The decision was taken after a meeting of the Akali Dal’s Kaur Committee which lasted for more than four hours today. Mr. Sukhbir Singh Badal addressed the press after the meeting and announced that he would no longer be a part of BJP-NDA.

Continue Reading

Breaking

Bigg boss 13: Siddharth Shukla won, Asim first runnerup

Published

on

Continue Reading

Breaking

Delhi court convicts 19 persons in Bihar’s Muzaffarpur shelter home case

Published

on

New Delhi, 20 Jan : The Saket court in Delhi on Monday convicted 19 accused, including high-profile Brajesh Thakur, in connection with the alleged sexual and physical assaults on girl inmates at a shelter home in Bihar’s Muzaffarpur district.

Continue Reading

Trending Live

Advertisement

Latest Post

Big News

Advertisement

Sports

Advertisement

Entertainment

Trending