New Delhi: Prime Minister of India Mr. Narendra Modi and President of Russia Mr. Vladimir Putin held their first informal Summit in the city of Sochi in the Russian Federation on May 21, 2018. The Summit provided an occasion for both leaders to deepen their friendship and to exchange views on international and regional issues, in keeping with the tradition of high level political exchanges between India and Russia.
The two leaders agreed that the Special and Privileged Strategic Partnership between India and Russia is an important factor for global peace and stability. They shared the view that India and Russia have an important role to play in contributing to an open and equitable world order. In this regard, they recognized each other’s respective roles as major powers with common responsibilities for maintaining global peace and stability.
Prime Minister Modi and President Putin also agreed to continue working together through multilateral organisations such as the United Nations, SCO, BRICS and G-20.
Both leaders agreed to institute a Strategic Economic Dialogue between NITI Aayog of India and the Ministry of Economic Development of the Russian Federation, to identify greater synergy in trade and investment.
Prime Minister has invited President Putin for the 19th Annual Summit in India later in the year.