PM Modi to visit Russian Federation next week

PM Narendra Modi to hold informal summit with Russian Prez Putin on May 21

Indian Prime Minister Narendra Modi will visit Russia on May 21 for an "informal summit" with Russian President Vladimir Putin in the city of Sochi, a statement issued by India's external affairs ministry said Monday.

President Putin's invitation will be an important occasion for both leaders to exchange about worldwide issues in a long-term and broad perspective, with the main goal of strengthening even more the special and privileged strategic partnership, the Foreign Ministry stressed in a statement. The ministry also said that both leaders would also discuss their respective national developmental priorities and bilateral matters.

Under the strategic partnership signed between the two nations in 2000, India and Russian Federation have held 18 formal summits so far, the last in St Petersburg where Modi and Putin also interacted with CEOs from both countries, and addressed the St. Petersburg International Economic Forum (SPIEF) together with President Putin.

This is in line with the new template framed last month, when Modi had travelled to Wuhan to meet Chinese President Xi Jinping on April 28. But apart from bilateral interests like weapons and the impending sanctions, chances are that the upcoming Shanghai Cooperation Organisation summit in China and ways to cope with the unpredictable and rapidly changing global situation also come up discussion.

Modi's second "informal summit" will be shorter - for just a day.

Modi will be travelling to Russian Federation at Putin's invitation, the government said on Friday.

Rosoboronexport has long-standing significant contracts and business ties with India and other countries.

As observed during the Indo-Chinese informal summit in Wuhan, there will be no deliverables or agreements announced after the Sochi summit.

Raghavan felt that the ongoing developments around the world required both countries to "affirm a mutual commitment" beyond the confines of a formal summit. The withdrawal of United States from the worldwide nuclear deal with Iran and the impending summit of President Donald Trump with North Korea's Kim Jong-un has introduced more variables with uncertain outcome. This could affect the S-400 missile defence system deal which is said to be at an advanced stage of negotiations. Last week, Israeli Prime Minister Benjamin Netanyahu was in the Kremlin. Russian Federation is the only country - apart from Japan - which has an "annual summit" mechanism with India.

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