India-Russia annual summit – Artifex.News https://artifexnews.net Stay Connected. Stay Informed. Thu, 04 Jul 2024 11:15:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://artifexnews.net/wp-content/uploads/2023/08/cropped-Artifex-Round-32x32.png India-Russia annual summit – Artifex.News https://artifexnews.net 32 32 PM Modi to visit Russia, Austria from July 8 to 10 https://artifexnews.net/article68366607-ece/ Thu, 04 Jul 2024 11:15:39 +0000 https://artifexnews.net/article68366607-ece/ Read More “PM Modi to visit Russia, Austria from July 8 to 10” »

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Prime Minister Narendra Modi with President of Russian Federation Vladimir Putin prior to their meeting at Hyderabad house in New Delhi on Monday.
| Photo Credit: V V Krishnan

Prime Minister Narendra Modi will pay a two-day visit to Russia from July 8 to 9 to hold the 22nd India-Russia annual summit that will review the entire range of multifaceted ties between the two countries.

After concluding his trip to Russia, Mr. Modi will travel to Austria, which will be the first visit by an Indian Prime Minister to that country in 41 years, the Ministry of External Affairs (MEA) said.

It will be Mr. Modi’s first trip to Russia in nearly five years. His last visit to Russia was in 2019 when he attended an economic conclave in the Far East city of Vladivostok.

The annual summit between the Prime Minister of India and the President of Russia is the highest institutional dialogue mechanism in the strategic partnership between the two countries.

So far, 21 annual summits have taken place alternately in India and Russia.

The last summit was held on December 6, 2021 in New Delhi. President Vladimir Putin had visited India to attend the summit.

The summit saw both sides sealing 28 MoUs and agreements besides coming out with a joint statement titled “India-Russia Partnership for Peace, Progress and Prosperity”.

Mr. Modi and Mr. Putin last held bilateral talks on the margins of a summit of the Shanghai Cooperation Organisation (SCO) at Samarkand in Uzbekistan on September 16, 2022.

In the meeting, Mr. Modi had famously pressed Mr. Putin to end the conflict in Ukraine saying “today’s era is not of war”.

“I know today’s era is not of war. We discussed this issue on phone several times that democracy, diplomacy and dialogue touch the entire world,” Mr. Modi had said.

Since the Russian invasion of Ukraine in February 2022, Mr. Modi has held several telephonic conversations with Mr. Putin and Ukranian President Volodymyr Zelenskyy.

In reflection of its strong friendship with Russia, India has not yet condemned Moscow’s invasion of Ukraine and it has been maintaining that the crisis must be resolved through diplomacy and dialogue.

India’s import of Russian crude oil has also gone up significantly notwithstanding the G7 price cap and increasing disquiet over the procurement in many Western countries.

In December 2022, the G7 grouping and its allies announced a cap on the price of Russian oil as part of a series of punitive measures against Moscow in view of its invasion of Ukraine. The price cap restricts countries to pay more than $60 a barrel.

From Russia, Mr. Modi will travel to Austria. He will be in Austria on July 9 and 10.

“This will be the first visit by an Indian Prime Minister to Austria in 41 years. He will call on President of the Republic of Austria Alexander Van der Bellen and hold talks with Chancellor of Austria Karl Nehammer,” the MEA said.

“The Prime Minister and Chancellor will also address business leaders from India and Austria,” it said in a statement.

Mr. Modi will also interact with members of the Indian community in Moscow as well as in Vienna, the MEA said.



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