Indian Prime Minister Narendra Modi is to meet with Russian President Vladimir Putin on Monday to discuss defense and trade relations as India attempts to balance its ties with the United States.
Indian Defence Minister Rajnath Singh, right, shakes hand with his Russian counterpart Sergey Shoygu in New Delhi, India, Monday, Dec. 6, 2021. Indian Prime Minister Narendra Modi meets with Russian President Vladimir Putin on Monday to discuss defense and trade relations as India attempts to balance its ties with the United States.
The agenda for the annual summit includes political and defense issues, Indian External Affairs Ministry spokesman Arindam Bagchi said. The two countries are expected to sign several agreements, particularly in trade and defense. Russia, meanwhile, has expressed reservations over the formation of the Quad, a grouping involving the U.S., India, Japan and Australia formed in response to China's growing assertiveness in the Indo-Pacific region.
India, a major buyer of military equipment, depended largely on the former Soviet Union during the Cold War. But it has been diversifying its purchases by opting for U.S. equipment as well. During thepresidency, the U.S. and India concluded defense deals worth over $3 billion. Bilateral defense trade increased from near zero in 2008 to $15 billion in 2019.
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