India attaches high priority to ties with Russia: PM

Prime Minister Manmohan Singh leaves for Moscow on Sunday on a two-day official visit during which India and Russia are expected to sign a series of agreements, including a pact to jointly produce and manufacture a medium range military transport aircraft.

Singh, who once described Russia as a India's "tried and time-tested" friend, will have talks with Russian President Vladimir Putin at the Kremlin on Monday in continuation of the annual India-Russia summit meetings which started seven years ago.

Ahead of Singh's second visit to Moscow in two years, the Cabinet Committee on Security (CCS) met here on Thursday to approve a number of significant agreements to be concluded in diverse fields at the eighth summit. Singh is expected to return home in the early hours of Tuesday.
Ways to improve bilateral trade, expand energy cooperation and finetune defence ties are expected to be outlined in the new pacts. Indo-Russian trade are below expectations and the volume was about 112 billion dollars with the balance of trade being in favour of Russia.
Bilateral cooperation in nuclear energy is expected to chart a new course during

Courtesy:news.digitaltoday.in
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