India, Russia Explore Economic Cooperation
(MENAFN) India and Russia have engaged in talks to bolster their economic alliance, concentrating on collaboration in rare earth elements, aircraft parts production, and railway systems, officials revealed in a statement on Wednesday.
These discussions took place during the 11th Session of the India-Russia Working Group on Modernization and Industrial Cooperation in New Delhi.
The meeting coincided with US President Donald Trump’s announcement of 50% tariffs on Indian imports in response to New Delhi’s ongoing purchases of Russian oil.
The working group emphasized joint efforts in science and technology fields, including wind tunnel technologies, aircraft engines, and carbon fiber advancements.
They also explored prospects in coal gasification and the development of industrial infrastructure.
The session concluded with the signing of a protocol that reaffirmed the robust strategic partnership between the two nations.
Simultaneously, Indian National Security Adviser Ajit Doval is visiting Moscow to enhance the defense and security collaboration between Russia and India.
According to Indian media outlets, Doval is expected to negotiate the procurement of additional S-400 missile systems for India.
Presently, New Delhi possesses three such systems out of a larger order of five acquired from Russia. These systems were deployed during a brief military clash with Pakistan in May.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
