Friday, March 12, 2010

RUSSIA AND INDIA STRENGTHEN THE EXISTING TIES

The Russian Prime Minister, Vladimir V. Putin, visited India recently where he received a warm reception from his counterpart, Indian Prime Minister Dr. Manmohan Singh. India and Russia enjoyed a long history of friendship which became even important after post-cold-war. While in India, Mr. Putin signed a series of agreement ranging from nuclear to military issues. As India's economy grows rapidly, Russia remains it's main ally in the areas of energy investment and also India purchases most of it's military weapons from Russia. The two countries make up half of the BRIC Group, the fastest growing economies other two being China and Brazil. India is considered the second-fastest growing economy which led many firms around the world to compete on lucrative contracts to build plants there. Read more at: http://www.nytimes.com/2010/03/13/world/asia/13india.html?ref=world

Submitted By: Namgyel Dorji

No comments: