Current Affairs: Prime Minister Narendra Modi paid an official visit to Russia on 23-24 December 2015 for the bilateral Annual Summit.
The two Leaders held extensive and substantive discussions to review progress in bilateral relations since the last Annual Summit and their meeting on the margins of the BRICS Summit in Ufa in July 2015.
The interactions between the two Leaders were marked by deep warmth and mutual trust that characterize the special and privileged strategic partnership between Russia and India.
Reflecting their continued emphasis on further enhancing bilateral economic and commercial relations, President Putin and Prime Minister Modi jointly addressed CEOs of leading Russian and Indian companies.
Following agreements in diverse fields of bilateral cooperation, including several commercial agreements between Russian and Indian companies, were signed during the visit:
1. Protocol amending the agreement between the Government of the Republic of India and the Government of the Russian Federation on simplification of requirements for mutual travels of certain categories of citizens of the two countries 21 December 2010.
2. Protocol amending agreement between the Government of the Republic of India and the Government of the Russian Federation on mutual travel regime for holders of Diplomatic & Official Passports of 3 December 2004
3. Agreement between the Government of the Republic of India and the Government of the Russian Federation on Cooperation in the field of Helicopter Engineering
4. Plan for Cooperation between the Federal Customs Service of the Central Board of Excise and Customs, Department of Revenue, Ministry of Finance, Republic of India and the Russian Federation for combating Customs violations in 2015 – 2017
5. Programme of Action Agreed Between The Department of Atomic Energy of India And The Russian State Atomic Energy Corporation “Rosatom” for Localization of Manufacturing in India for Russian-Designed Nuclear Reactor Units
6. Memorandum of Understanding between the Ministry of Railways of the Republic of India and the Joint Stock company “Russian Railways” on technical cooperation in railway sector
7. MoU between Solar Energy Corporation of India and Russian Energy Agency regarding construction of solar energy plants in the Republic of India
8. MoU for cooperation between HEC & CNIITMASH for development of Centre of Excellence for heavy engineering design at HEC
9. MoU for cooperation between HEC & CNIITMASH for upgradation and modernization of HEC’s manufacturing facilities
10. Memorandum of Understanding Between Prasar Bharati and Digital Television Russia on Cooperation in the field of Broadcasting
11. Tripartite Memorandum of Understanding between Centre for Development of Advance Computing (C-DAC), Indian Institute of Science Bangalore (IISc) and Lomonosov Moscow State University (MSU)
12. Tripartite Memorandum of Understanding between Centre for Development of Advance Computing (C-DAC), OJSC “GLONASS” and GLONASS Union
13. MoU in the field of investment cooperation in the Russian Far East between The Tata Power Company Limited and Ministry for Development of the Russian Far East
14. MoU for Cooperation for geologic survey, exploration and production of hydrocarbons onshore and on the continental shelf of the Russian Federation
15. Confirmation of successful completion of the first stage pre-completion actions in relation to the creation of a Joint Venture in JSC VankorNeft
16. MoU for Cooperation for geologic survey, exploration and production of hydrocarbons onshore the Russian Federation between Rosneft oil company, Oil India Limited and Indian Oil Corporation Limited.