India And Russia Are Much Closer Now Than Ever Before, Contrary To Perceptions That The Indo-Russian Ship Is Sinking.

The just-concluded 13th Indo-Russian summit between visiting Russian President Vladimir Putin and Prime Minister Manmohan Singh was much bigger and important than envisaged so far. Two reasons why: (i) The two sides went ahead in signing defence deals worth $5 billion, defying the impression that Russia, which still takes care of almost 70 percent of Indian defence needs, is no longer a favourite; (ii) the two sides embarked upon a nuclear civilian energy cooperation road map that may well be worth a whopping $45 billion in the long term. This long-term map may be up to the year 2030.

Read Here – FirstPost

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