meri saheli magazine Published this article page no 35 International standing Russia has supported Indias bid for permanent seat in UNSC. It has been favouring Indian entry to Nuclear Supplier Group. Both countries coordinate each other over various forums including BRICS SCO G20 etc. Cultural Relations Programs like Namaste Russia and sharing educational brilliance of both the countries through institutes like Jawaharlal Nehru Cultural Centre. Related News Eastern Economic Forum Speaking at 6th Eastern Economic Forum summit India highlighted the timetested friendship between India and Russia. About Eastern Economic Forum o Established in 2015 Eastern Economic Forum is an international forum held each year in Vladivostok (Russia). o It works towards the economic development of Russias Far East and expand international cooperation in the Asia Pacific region by encouraging foreign investment. o In 2019 India launched its Act Far East Policy at the forum providing a US$1 billion line of credit for development of the resourcerich region. INDIARUSSIA MILITARY COOPERATION Why in News? At the recently held 21st IndiaRussia summit both nations signed a 10year defence cooperation pact in the background of ongoing deliveries of the S400 air defence systems. More on news Despite US threat of sanctions India began taking deliveries of the S400 Triumf Air Defence Missile System (under a $5.4 billion deal of 2018) for supply of five S400 regiments to offset air defence capability gaps. Major agreements at 21st IndiaRussia Summit Along with the defence cooperation the major agreements signed between two nations include Joint production of more than 600000 AK203 assault rifles to advance selfreliance in the defence manufacturing sector. Promote greater economic cooperation with target to increase bilateral trade to $30b and bilateral investments to $50b by 2025 meri saheli magazine buy.
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