India- Russia defence deal: In a major boost to India’s defence sector, a procurement deal of over 6 lakh AK-203 rifles were signed between India and Russia on December 6, 2021. As India and Russia begin their 2+2 first-ever ministerial dialogue on December 6, Defence Minister Rajnath Singh and his Russian counterpart Sergey Shoigu signed a contract for the manufacture of nearly 6 lakh AK-203 rifles under a joint venture in Amethi, UP.
The deal between India and Russia was signed following the bilateral meeting between the Defence Ministers of both nations.
As the President of Russia Vladimir Putin has arrived in India for the annual talks with Prime Minister Modi, both India and Russia are expected to sign more than 10 agreements following the talks between the two leaders. The agreements will be in the area of culture, space, science and technology, defence etc.
Delhi | Defence Minister Rajnath Singh and Russian Defence Minister General Sergey Shoigu sign agreements between India and Russia pic.twitter.com/QDF3greES4
— ANI (@ANI) December 6, 2021
India-Russia Defence Deal 2021
India and Russia have signed defence deals to facilitate and boost the military cooperation between the two nations. The deals will also be significant for India in expanding its defence mechanism at the border amid the continuous threat from China.
1. Deal for the procurement of over 6 lakh AK-203 assault rifles. The procurement deal is worth over Rs. 5,000 crores.
2. Another agreement between India and Russia has been signed on Protocol on amending the agreement on cooperation in the field of Kalashnikov series small arms manufacturing dated back to February 18, 2019.
3. The Defence Ministers of India and Russia signed an agreement to extend the military-technical cooperation between the two nations for the next decade, from 2021 to 2031.
Defence Cooperation important pillars of partnership: Defence Minister Rajnath Singh
The Defence Minister of India Rajnath Singh, during his opening remarks at the bilateral meeting with the Russian counterpart, said that defence cooperation is one of the most important pillars of a partnership between the two nations.
India-Russia Inter-Governmental Commission on Military-Technical Cooperation is a well-established mechanism for the past two decades. The Union Minister expressed hope that the India-Russia partnership will bring peace to the entire region and will also bring stability.
India-Russia Defence Minister Meet: Background
The Defence Minister of India and Russia meet annually, alternately in India and Russia. The leaders discuss and review the status of ongoing projects as well as other issues of military-technical cooperation.
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