Vladivostok: Prime Minister Narendra Modi and Russian President Vladimir Putin witness the exchange of MoUs/Agreements ushering in new areas of cooperation including connectivity, deep sea exploration , space, energy among others, in Vladivostok (Photo: IANS/MEA)

India, Russia boost cooperation

15 MoUs exchanged during PM Modi’s visit to Vladivostok … reports Asian Lite News

During the event (Photo: IANS/MEA)

A total of 15 Memorandum of Understandings (MoUs) or agreements were exchanged on Wednesday during Indian Prime Minister Narendra Modi’s visit to Vladivostok in Russia, a statement issued by the Indian Ministry of External Affairs said.

1. Joint Statement “Reaching New Heights of Cooperation through Trust and Partnership”.

2. Joint Strategy for the Enhancement of India-Russia Trade and Investments.

3. Agreement between the Government of the Republic of India and Government of the Russian Federation and on the cooperation in the production of spare parts for Russian/Soviet military equipment.

4. Agreement between the Government of the Republic of India and the Government of the Russian Federation on Cooperation in Audiovisual Co-production.

5. Memorandum of Understanding between the Ministry of Road Transport and Highways of the Republic of India and the Ministry of Transport of the Russian Federation on bilateral cooperation in the road transport and road industry.

6. Memorandum of Intent between the Ministry of Shipping of the Republic of India and the Ministry of Transport of the Russian Federation on the Development of Maritime Communications between the Port of Chennai, Republic of India and the Port of Vladivostok, Russian Federation.

7. Plan for cooperation between the Central Board of Indirect Taxes and Customs, Ministry of Finance, Republic of India and the Federal Customs Service (Russian Federation), for combating customs violations in 2019-2022.

8. Memorandum of Understanding between the Ministry of Energy of the Russian Federation and the Ministry of Petroleum and Natural Gas of the Republic of India on the use of Natural Gas for Transportation.

9. Programme between the Ministry of Petroleum and Natural Gas of the Republic of India and the Ministry of Energy of the Russian Federation on expansion of cooperation in oil and gas sector.

10. Memorandum of Understanding between Coal India Limited and Far East Investment and Export Agency to cooperate in coking coal mining projects implementation in the Russian Far East.

11. Cooperation Agreement between Invest India and the Russian Direct Investment Fund for Investment Collaboration.

12. Cooperation agreement between the Federation of Indian Chambers of Commerce and Industry the Roscongress Foundation.

13. Memorandum of Understanding between the Federation of Indian Chambers of Commerce and Industry and the Autonomous Non-profit Organization Agency for Strategic Initiatives to promote New Projects.

14. Memorandum of understanding between the Joint Stock Company NOVATEK and PETRONET LNG Limited on cooperation with respect to the joint development of downstream LNG Business and LNG supplies.

15. Agreement on Cooperation between Joint-Stock Company Rosgeologia and Srei Infrastructure Finance Limited;

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