Indian Prime Minister Narendra Modi had a meeting with Russian President Vladimir Putin on the sidelines of the 11th Brazil-Russia-India-China South Africa summit at Brasilia on Wednesday and discussed, among other issues, cooperation between New Delhi and Moscow in third countries.
India and Russia are already cooperating in the construction of the Rooppur nuclear power plant in Bangladesh.
Modi and Putin “noted with satisfaction the cooperation in defence sector and in the field of civil nuclear energy. They welcomed the prospects of cooperation in civil nuclear energy in third countries,” the Indian Prime Minister’s Office said in a statement on Thursday.
During the meeting, both the leaders reviewed the progress made in the bilateral relationship since Modi’s visit to Vladivostok in September.
Modi and Putin also noted with satisfaction that the USD 25 billion target of India-Russian trade by 2025 has already been achieved and the two leaders decided that the 1st Bilateral Regional Forum at the level of Russian Provinces and Indian States be held next year to dismantle the barriers of trade at regional level.
The two leaders noted the stability and progress made in imports of oil and natural gas. President Putin highlighted the potential of Arctic region in natural gas and invited India to invest in the region.
The two leaders also reviewed the progess made in the field of Infrastructure particularly railways in context of raising the speed of the Nagpur-Secunderabad sector railway line.