India, Russia to sign crucial defence deals today | delhi | Hindustan Times
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India, Russia to sign crucial defence deals today

delhi Updated: Dec 21, 2010 09:13 IST
Jayanth Jacob

India and Russia will firm up the blueprint for strategic partnership for the next decade when PM Manmohan Singh holds his 11th annual summit meeting with President Dmitry Medvedev on Tuesday.

While a host of agreements ranging from defence, nuclear energy, hydrocarbon science and technology and business on cards, efforts are underway to underline the special status of the relationship with Russia.

The agenda before the two leaders on Tuesday include furthering the cooperation on terrorism. The joint statement is likely to mention the regional situation and the need to address terrorism in the region, which includes Pakistan.

“The discussions on international issues will include the situation in the Afghanistan-Pakistan region that impacts the security of both India and Russia. We need to understand why terrorist infrastructure in the region has continued to survive despite the efforts of the international community”, said external affairs minister SM Krishna.

It helps that both India and Russia share common concerns about the threat posed by terrorism emanating from Pakistan. The Russians are increasingly concerned about the the nexus between drug trafficking and terrorist financing. “We have an ongoing multi-layered dialogue mechanism with Russia through which we seek to exchange views and information on these issues,” Krishna said.

While ties are already strong in many areas, there will be focus on fostering the trade relations to achieve the target of $20 billion by 2015. A “strategic energy partnership” with Russia that has huge hydrocarbon resources is on the cards.

“In the coming decades we need to ensure that these elements come together, and create the conditions required for a substantial growth in our economic ties so that they begin to reflect, not just the size of our respective economies, but also the special closeness of our bilateral ties,” Krishna said.

2011 also marks the 40th anniversary of the Treaty of Peace, Friendship and Cooperation between India and erstwhile Soviet Union.