Sunday, 19 August, 2018

PM Modi to visit Russian Federation next week

86 percent of Moscow hotels booked for Russia 2018 World Cup News 86 percent of Moscow hotels booked for Russia 2018 World Cup 14 May 2018 15:23
Deanna Wagner | 15 May, 2018, 23:34

Russian President Vladimir Putin and Prime Minister Dmitry Medvedev are likely to discuss who will become ministers in the Russia's new government on Tuesday, Dmitry Peskov, the Kremlin spokesman, told reporters on a conference call.

President Putin's invitation will be an important occasion for both leaders to exchange about global issues in a long-term and broad perspective, with the main goal of strengthening even more the special and privileged strategic partnership, the Foreign Ministry stressed in a statement.

"Both leaders will discuss their respective national developmental priorities and bilateral matters", the release said.

"This will be an important occasion for the two leaders to exchange views on worldwide matters in a broad and long-term perspective with the objective of further strengthening out Special and Privileged Strategic Partnership", the Ministry of External Affairs said in a statement. The comparison with the Wuhan summit is inevitable, but there is one important difference - with China, Modi needed to talk to Xi to prevent a breakdown in relations between two rising powers.

Modi is also said to meet Putin at the Shanghai Cooperation Organisation summit held in Qingdao in the month of June. Both India and Russian Federation have defence projects worth over $12 billion hanging in balance due to the new USA sanctions that seek to restrain countries from buying weapon systems from Russian Federation.

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Unlike Beijing-New Delhi ties, relations between India and Russian Federation do not have the same level of antagonism, which required an intervention from political leadership.

However, there had been a perception among observers that the relationship had been drifting, with India apparently moving closer to the United States administration under Donald Trump.

Informal summits are in - or so it would seem.

Modi's second "informal summit" will be shorter - for just a day.

Raghavan felt that the ongoing developments around the world required both countries to "affirm a mutual commitment" beyond the confines of a formal summit. However, sources made it clear that Russian Federation was and would most likely remain the biggest arms supplier to India. This could affect the S-400 missile defence system deal which is said to be at an advanced stage of negotiations. Putin was sworn into the presidency last week and proposed Medvedev as prime minister.