Energy cooperation as one of the cornerstones of the relationship between India and Russia: PM Modi
India and Russia are close to achieving the target of 30 billion US dollars worth of investment by 2025, says PM Modi
Trade, commerce, innovation and engineering are of immense importance in this era: PM
Companies from Russia should explore the opportunities in India and collaborate with Indian industry: PM

The Prime Minister, Shri Narendra Modi, today met Russian President Vladimir Putin at the 18th Annual India Russia Summit at St. Petersburg.

Addressing the media at the end of the Summit, President Prime Minister Modi recalled his first visit to St. Petersburg as Chief Minister of Gujarat in 2001. He said ties between India and Russia span the spectrum from Culture to Defence (Sanskriti se Suraksha).

The Prime Minister said 70 years of diplomatic relations between the two countries have been marked by a high degree of convergence on various bilateral and global matters.

The Prime Minister described the St. Petersburg Declaration, issued today, as a benchmark of stability in a turbulent, interdependent and interconnected world. He said India's participation as a guest country in SPIEF and his address there tomorrow would further deepen economic cooperation between the two nations.

The Prime Minister described energy cooperation as one of the cornerstones of the relationship between India and Russia, and noted that this cooperation in the nuclear, hydrocarbon, and renewable energy sectors has been considerably deepened by the discussion and decisions taken today. In this context he mentioned the agreement of Units 5 and 6 of the Kudankulam Nuclear Power Plant.

The Prime Minister emphasized the role of the private sector in enhancing trade and commerical ties between the two countries, adding that India and Russia are close to achieving the target of 30 billion US dollars worth of investment by 2025.

Speaking on the theme of connectivity, the Prime Minister mentioned cooperation between the two countries in the International North South Transport Corridor. Among other initiatives, the Prime Minister mentioned the "bridge to innovation" to promote startups and entrepreneurship, and the forthcoming commencement of discussions on a Free Trade Agreement with the Eurasian Economic Union.

Underlining the time-tested strategic dimension of the India Russia relationship, the Prime Minister mentioned the forthcoming first Tri-services exercise - INDRA 2017, between the two countries. Defence production Joint Ventures for the production of Kamov 226 helicopters and frigates were also mentioned. The Prime Minister welcomed Russia's unconditional support to India on the issue of cross border terrorism.

On the cultural side, the Prime Minister said the deep awareness of Russian culture in India, and of Yoga and Ayurveda in Russia, was a matter of deep satisfaction.

The Prime Minister welcomed and applauded President Putin's leadership in the growth of India-Russia relations.

He announced that a road in Delhi has been renamed after Ambassador Alexander Kadakin, whom he described as a friend of India, who passed away recently.

Earlier, addressing CEOs of both countries, the Prime Minister invited Russian companies to invest in key sectors of the Indian economy, and particularly mentioned opportunities in the strategic sector.

India and Russia signed five agreements today in sectors covering nuclear energy, railways, gems and jewellery, traditional knowledge and cultural exchanges.

Earlier today, the Prime Minister paid homage to the heroic defenders and brave soldiers of the Battle of Leningrad, at the Piskarovskoye Cemetery. 

 

Explore More
78-வது சுதந்திர தின விழாவையொட்டி செங்கோட்டை கொத்தளத்தில் இருந்து பிரதமர் திரு நரேந்திர மோடி நிகழ்த்திய உரையின் தமிழாக்கம்

பிரபலமான பேச்சுகள்

78-வது சுதந்திர தின விழாவையொட்டி செங்கோட்டை கொத்தளத்தில் இருந்து பிரதமர் திரு நரேந்திர மோடி நிகழ்த்திய உரையின் தமிழாக்கம்
India’s Biz Activity Surges To 3-month High In Nov: Report

Media Coverage

India’s Biz Activity Surges To 3-month High In Nov: Report
NM on the go

Nm on the go

Always be the first to hear from the PM. Get the App Now!
...
PM Modi to inaugurate ICA Global Cooperative Conference 2024 on 25th November
November 24, 2024
PM to launch UN International Year of Cooperatives 2025
Theme of the conference, "Cooperatives Build Prosperity for All," aligns with the Indian Government’s vision of “Sahkar Se Samriddhi”

Prime Minister Shri Narendra Modi will inaugurate ICA Global Cooperative Conference 2024 and launch the UN International Year of Cooperatives 2025 on 25th November at around 3 PM at Bharat Mandapam, New Delhi.

ICA Global Cooperative Conference and ICA General Assembly is being organised in India for the first time in the 130 year long history of International Cooperative Alliance (ICA), the premier body for the Global Cooperative movement. The Global Conference, hosted by Indian Farmers Fertiliser Cooperative Limited (IFFCO), in collaboration with ICA and Government of India, and Indian Cooperatives AMUL and KRIBHCO will be held from 25th to 30th November.

The theme of the conference, "Cooperatives Build Prosperity for All," aligns with the Indian Government’s vision of “Sahkar Se Samriddhi” (Prosperity through Cooperation). The event will feature discussions, panel sessions, and workshops, addressing the challenges and opportunities faced by cooperatives worldwide in achieving the United Nations Sustainable Development Goals (SDGs), particularly in areas such as poverty alleviation, gender equality, and sustainable economic growth.

Prime Minister will launch the UN International Year of Cooperatives 2025, which will focus on the theme, “Cooperatives Build a Better World,” underscoring the transformative role cooperatives play in promoting social inclusion, economic empowerment, and sustainable development. The UN SDGs recognize cooperatives as crucial drivers of sustainable development, particularly in reducing inequality, promoting decent work, and alleviating poverty. The year 2025 will be a global initiative aimed at showcasing the power of cooperative enterprises in addressing the world’s most pressing challenges.

Prime Minister will also launch a commemorative postal stamp, symbolising India’s commitment to the cooperative movement. The stamp showcases a lotus, symbolising peace, strength, resilience, and growth, reflecting the cooperative values of sustainability and community development. The five petals of the lotus represent the five elements of nature (Panchatatva), highlighting cooperatives' commitment to environmental, social, and economic sustainability. The design also incorporates sectors like agriculture, dairy, fisheries, consumer cooperatives, and housing, with a drone symbolising the role of modern technology in agriculture.

Hon’ble Prime Minister of Bhutan His Excellency Dasho Tshering Tobgay and Hon’ble Deputy Prime Minister of Fiji His Excellency Manoa Kamikamica and around 3,000 delegates from over 100 countries will also be present.