Business Standard

India, Russia sign key defence, economic pacts

Image

IANS Benaulim (Goa)

India and Russia on Saturday 16 key agreements, including a pact on missile sales and a joint venture for manufacturing helicopters, as the two countries further boosted their military ties.

The other agreements signed during President Vladimir Putin's visit for the annual India-Russia summit included:

- A shareholders agreement for 226 Kamov helicopters

- A memorandum of understanding to develop transport logistics system

- A pact on creating a united ship-building corporation

- An agreement on education and training

- An MoU on urban development and smart city projects

- A pact on cooperation between Indian and Russian railways

- Announcement in relation to successful execution of documents between Rossnev and Essar for oil

 

- Space cooperation between Russian space Corporation and ISRO

--IANS

sar/vm

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 15 2016 | 2:56 PM IST

Explore News