News / Asia

Arm Sales, Trade on Agenda for Putin Visit to India

TEXT SIZE - +
Reuters
Arms sales will be on the agenda when Russian President Vladimir Putin visits India on Monday to court a country that has traditionally been a top client.

Putin's trip, his first to India since he started a new Kremlin six-year term in May, is a chance to reaffirm Russia's interest in India, long a regional ally and now a partner in the BRICS group of emerging market nations.

In an article for publication in the Indian newspaper The Hindu on Monday, Putin stressed that ``deepening friendship and cooperation with India is among the top priorities of our foreign policy''.

"India and Russia show an example of responsible leadership and collective actions in the international arena,'' he wrote, a veiled swipe at the West and in particular the United States, whom Putin accuses of seeking to impose its will on the world.

Russian defense industry sources said the visit could produce deals on the sale of fighter jets and aircraft engines worth more than $7.5 billion. One said that could include the sale of 42 Sukhoi Su-30MKI fighters and a deal on the long-term supply of 970 warplane engines.

The Kremlin said it expected the signing of ``a number of large contracts in the area of military-technical cooperation'', a term referring to weapons sales, licensing and servicing.

However, warm ties dating back to the Soviet era have been complicated by recent Russian efforts to improve relations with Pakistan, one of Moscow's proxy enemies during the Soviet Union's war of occupation in Afghanistan in the 1980s.

Relations between the world's second biggest arms exporter Russia and India, its largest buyer last year, have also run into sporadic problems including delays in the delivery of a reconditioned Soviet-built aircraft carrier, now expected late in 2013.

Military might

India plans to spend about $100 billion over the next 10 years to upgrade its largely Soviet-era military equipment, as Asia's third largest economy looks to match its economic might with military power and warily eyes assertive Asian rival China.

Moscow has warm political ties with China, another ally in opposing U.S. clout and a key consumer of the oil and gas that drives Russia's economy, but is thought to also be wary of a faster-growing neighbor with nearly 10 times its population.

India relies on Russia for 60 percent of its arms purchases, but has diversified its suppliers in recent years.

Putin announced record arms sales this year but wants to minimize the effect of the loss of deals with Libya and of uncertainty about the future of longtime client Syria on Russia's defence industry, an important source of political support for him.

Putin, whose country took up the presidency of the G20 this month, also hopes for strong growth in overall trade with India.

In his article, he said the volume of bilateral trade with India was expected to reach a record $10 billion this year, after declining due to the global financial crisis, and set a target of doubling that to $20 billion by 2015.

For Putin, who will meet Prime Minister Manmohan Singh, President Pranab Mukherjee and senior lawmakers, India is the most distant destination since rumours of a back problem emerged after he was seen limping in September.

He had originally been expected to travel to India last month but the Kremlin has dismissed suggestions he has serious health problems, and Putin implied last week that such talk was politically motivated.

 

You May Like

Multimedia Relatives of South Korean Ferry Victims Fire at Authorities

36 people are confirmed dead, but some 270 remain trapped on board More

War Legacy Haunts Vietnam, US Relations

$84 million project aims to clean up soil contaminated by Agent Orange More

Wikipedia Proves Useful for Tracking Flu

Technique gave better results than Center for Disease Control (CDC) and Google’s Flu Trends More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Ukraine, Russia, United in Faith, Divided in Politicsi
X
Michael Eckels
April 19, 2014
There is a strong historical religious connection between Russia and Ukraine. But what role is religion playing in the current conflict? In the run-up to Easter, Michael Eckels in Moscow reports for VOA.
Video

Video Ukraine, Russia, United in Faith, Divided in Politics

There is a strong historical religious connection between Russia and Ukraine. But what role is religion playing in the current conflict? In the run-up to Easter, Michael Eckels in Moscow reports for VOA.
Video

Video Face of American Farmer is Changing

The average American farmer is now 58 years old, and farmers 65 and older are the fastest growing segment of the population. It’s a troubling trend signaling big changes ahead for American agriculture as aging farmers retire. Reporter Mike Osborne says a new report from the U.S. Census Bureau is suggesting what some of those changes might look like... and why they might not be so troubling.
Video

Video Donetsk Governor: Ukraine Military Assault 'Delicate But Necessary'

Around a dozen state buildings in eastern Ukraine remain in the hands of pro-Russian protesters who are demanding a referendum on self-rule. The governor of the whole Donetsk region is among those forced out by the protesters. He spoke to VOA's Henry Ridgwell from his temporary new office in Donetsk city.
Video

Video Drones May Soon Send Data From High Seas

Drones are usually associated with unmanned flying vehicles, but autonomous watercraft are also becoming useful tools for jobs ranging from scientific exploration to law enforcement to searching for a missing airliner in the Indian Ocean. VOA’s George Putic reports on sea-faring drones.
Video

Video New Earth-Size Planet Found

Not too big, not too small. Not too hot, not too cold. A newly discovered planet looks just right for life as we know it, according to an international group of astronomers. VOA’s Steve Baragona has more.
Video

Video Copts in Diaspora Worry About Future in Egypt

Around 10 percent of Egypt’s population belong to the Coptic faith, making them the largest Christian minority in the Middle East. But they have become targets of violence since the revolution three years ago. With elections scheduled for May and the struggle between the Egyptian military and Islamists continuing, many Copts abroad are deeply worried about the future of their ancient church. VOA religion correspondent Jerome Socolovsky visited a Coptic church outside Washington DC.
Video

Video Critics Say Venezuelan Protests Test Limits of Military's Support

During the two months of deadly anti-government protests that have rocked the oil-rich nation of Venezuela, President Nicolas Maduro has accused the opposition of trying to initiate a coup. Though a small number of military officers have been arrested for allegedly plotting against the government, VOA’s Brian Padden reports the leadership of the armed forces continues to support the president, at least for now.
Video

Video More Millenials Unplug to Embrace Board Games

A big new trend in the U.S. toy industry has more consumers switching off their high-tech gadgets to play with classic toys, like board games. This is especially true among the so-called millenial generation - those born in the 1980's and 90's. Elizabeth Lee has more from an unusual café in Los Angeles, where the new trend is popular and business is booming.
Video

Video Google Buys Drone Company

In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
AppleAndroid