India-Russia relations 1 Student Elizaveta Moiseeva Historical

India-Russia relations 1 Student: Elizaveta Moiseeva

Historical background • Mahatma Gandhi’s development of close connections with Russia • V. I. Lenin’s sympathy to Indian freedom struggle • Jawaharlal Nehru’s visit of Soviet Union in 1927 • 13 April 1947 – establishment of diplomatic relations between India and Soviet Union • 15 August 1947 – independence from British Empire 2

Soviet contributions to India’s development • valuable political, diplomatic, military and strategic support • assistance for industrialization & development in areas of defense, space and atomic energy (1950 -s) • low-priced economic credits for infrastructure projects repayable in rupees • India’s companies BHEL, ONGC, HAL; steel industry in India – set up with Soviet cooperation 3

Russia and India in 21 st century Major cooperation areas: • politics, defence, civil nuclear energy, anti-terrorism cooperation and space “Our close collaboration at the UN, BRICS, East Asia Summit, G-20 and SCO makes our partnership truly global, both in its scope and coverage”, – Narendra Modi 4

Kudankulam Atomic Power Plant • it is necessary to transform nature of economic cooperation between two countries 5

India top 5 Export and Import partners, 2015 Market • weakest link – trade and economics üdifficulty in logistics One Belt One Road project North-South Transport Corridor üEAEU free trade agreement (no progress) Trade (US$ Mil) Partner share(%) United States 40, 313 15. 25 United Arab Emirates 29, 990 11. 34 Hong Kong, China 12, 147 4. 59 China 9, 577 3. 62 United Kingdom 8, 891 3. 36 Trade (US$ Mil) Partner share(%) China 61, 604 15. 77 Saudi Arabia 21, 353 5. 46 Switzerland 21, 113 5. 40 United States 20, 464 5. 24 United Arab Emirates 20, 283 5. 19 Market 6

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8 th BRICS Summit (15 -16 October, 2016) • deal for S-400 Triumf • joint venture to build Russian Kamov helicopters in India • joint agreement on shipbuilding and specialist training • unit 3 and 4 of Kudankulum • zero tolerance policy towards terrorism and setting up of a Science and Technology Commission 8

Thank you for your attention! 9