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Modi, Putin vow to take forward India-Russia ties

Last Updated : 24 June 2016, 19:19 IST
Last Updated : 24 June 2016, 19:19 IST

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India and Russia on Friday discussed ways to enhance cooperation in the civil nuclear energy and hydrocarbon sector, even as Prime Minister Narendra Modi and Russian President Vladimir Putin vowed to take forward the special and privileged bilateral partnership.

Modi and Putin, during a meeting on the sidelines of the Shanghai Cooperation Organisation (SCO) summit here, discussed a range of bilateral and multilateral issues of mutual concern.

“The two leaders discussed cooperation in civil nuclear energy and partnership in the gas and petrochemicals sectors. They also discussed furthering cooperation in the space sector. Matters relating to trade and investment also came up,” External Affairs Ministry spokesperson Vikas Swarup said.

He said Putin welcomed India signing the Memorandum of Obligations of SCO that has kick-started the process of India’s accession into the powerful grouping as a “full member”.

India will have to sign around 30 other documents in the course of the year to complete the process for membership. Pakistan is also being inducted into the SCO as a full member.

Putin said Russia was looking forward to India’s chairmanship of BRICS, adding it has grown in influence.

Swarup said Modi thanked Russia for its support to India in SCO and said India as BRICS chair would keep up the momentum generated by Russia.

India has assumed chairmanship of the influential bloc BRICS comprising five countries having 42% of the world population and combined GDP of over USD 16 trillion.

India will host the BRICS (Brazil-Russia-China-South Africa) summit later this year. Russia had the chairmanship of BRICS and it was passed onto India.

The seventh BRICS summit was held in the Russian city of Ufa on July 8-9 last year.

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Published 24 June 2016, 19:19 IST

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