BRICS BEGINS IN GOA, STRENGTHENS INDO-RUSSIAN TIES WITH 16 AGREEMENTS AND 3 ANNOUNCEMENTS

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Panaji, October 16, 2016 …. The Prime Minister of India, Shri Narendra Modi and Russian President, Shri Vladimir Putin passed sixteen agreements and three announcements on Saturday at the 8th ongoing BRICS Summit in Goa.

The leaders passed sixteen agreements on different issues like defence, nuclear power, finance etc.

In his statement, the Prime Minister, Shri Narendra Modi said
that the agreements and announcements will strengthen the ties between the two nations. “The relationship with Russia adds stability and substance to our country. This focused journey clearly establishes the special, precious and strategic nature of our partnership. We shall work together for deeper defense and financial ties,” the PM further said

The Prime Minister said that the highly productive outcome of the
meeting clearly established the special and privileged nature of
partnership. Further he told that they also lay the foundations for
deeper defence and economic ties in years ahead. The agreement on
manufacturing of Kamov 226T Helicopters, construction of frigates,
acquisition and building of other defence platforms are in synergy
with India’s technology and security priorities. They also help us
achieve the objective of Make in India. We have also agreed to work on an annual military Industrial conference that will allow stakeholders on both sides to institute and push collaborations. This project is a new chapter in the long history of strong and diverse defence partnership that both sides can take much pride in,” Prime Minister added.

The Summit also witnessed a live video telecast of the laying of
the concrete foundation of the Kudankulam, nuclear power plants units -384 at Tamil Nadu. India also expressed gratitude to Russia for its unequivocal condemnation of the terror attacks on Uri Army base says the Foreign Secretary S.Jaishankar informed the media in a press briefing.

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