Prime Minister Narendra Modi will travel to Moscow, Russia, from 24-25 December for the annual India-Russia Summit.
The summit is expected to discuss a number of things, such as the signing of a pact to provide reactors for India’s Kudankulam nuclear plant, a deal for 200 Kamov-226T helicopters.
There is also speculation that the visit to Moscow could bring an FTA announcement between the Eurasian Economic Union (EEU) and India. Prior to his visit to Ufa for the BRICS Summit earlier this year, Narendra Modi visited a number of nations that are a part of the EEU.
During Vladmir Putin’s visit to India in 2014, the nations also expressed an interest in combating terrorism, seeing Russia’s involvement in Syria, it would be interesting to see if the summit sees a furthering of cooperation on that arena.
India-Russia Bilateral Trade:
Total Trade (2014): $ 9.51 billion
Total Indian Exports (2014): $ 3.17 billion
Total Indian Imports (2014): $ 6.34 billion
All trade figures are from the Ministry of External Affairs, Country Briefs