Russia And India Advance Towards Joint Military Equipment Production

Russia and India have made real progress in their talks about making military equipment together, Russian Foreign Minister Sergei Lavrov said on Wednesday after meeting with his Indian colleague Subrahmanyam Jaishankar in Moscow.

Lavrov said at a news conference that this kind of partnership was strategic, in the best interests of both countries, and would help keep the Eurasian continent safe.

He said that Moscow understood India’s desire to get defense equipment from more than one source and was ready to back New Delhi’s plan to make things India needs in India.

Dmitry Peskov, a spokesman for the Kremlin, said that Jaishankar would meet with Russian President Vladimir Putin later on Wednesday.

He said that he thought Putin and Narendra Modi, the prime minister of India, would meet next year.

Jaishankar said that he and Lavrov had talked about trade and business between the two countries as well as the conflicts in Ukraine and Gaza.

Since the West put harsh economic sanctions on Moscow in 2022 because of the war in Ukraine, India has become one of Russia’s most important trading partners.

Russia has sent a lot of its oil to India and stepped up its diplomatic efforts within the BRICS group of countries, which India and Russia both helped to create.

Jaishankar says that trade between India and Russia will reach more than $50 billion this year.

The person spoke about how eager New Delhi was to make an investment treaty with Russia and a free trade deal with the Eurasian Economic Union, which is run by Moscow.