Module 14 of 15 · Text
India and World relation
* India-Russia Relations
India-Russia cooperation is based on the solid foundations of the 1971 Treaty of Peace, Friendship and Cooperation between the Republic of India and the USSR, 1993 Treaty of Friendship and Cooperation between the Republic of India and the Russian Federation, 2000 Declaration on Strategic Partnership between the Republic of India and the Russian Federation and 2010 Joint Statement elevating the Partnership to a Special and Privileged Strategic Partnership.
Recent being "India-Russia strategic economic dialogue" btwn NITI Aayog+Min of Eco dev of russia in 2018 and 1st dialogue held in 2018 in St. peterberg.
20th India Russia annual summit n 5th Eastern economic forum (EEF) held in Vladivostok, Russia.
- India to extend $1 bn line of credit towards development of this region n indian interest in hydrocarbon exploration.
- Proposal for full time maritime route btwn Chennai & Vladivostok which is Russia's largest port on Pacific coast.
-India is building nuclear power plant with Russian collaboration in kundakulam, Chennai.
- Russia to help India to train indian astronauts for gaganyan project.
- Decided to increase bilateral trade from $11 bn to $30 bn by 2025.
* IR = India-UK Trade
- UK is the third largest FDI investor in India and is among India’s main trading partners.
- Trade totaled Euro 13.6 billion in 2018. Moreover, trade between India and UK increased at an average rate of 8.8% per year between 2002 and 2018.
- Recent UK - india Joint economic trade commitee is expected 2 have positive outcome.
* INDIA - BHUTAN - BANGLADESH = India to transport Rock from bhutan to bangladesh throgh Inland waterways authoriy of india through brahmaputra river channel. his wil save bhutan's 8-10 days time when traveled through Land route.
* INDIA - MYANMAR - India handed over 250 pre fabricated houses for rakhinee state displaced rohingyas aftter returning from Bangladesh under rakhinee state development program for rohingyas in 2017. Program will assist state in health infrastructure, education etc.
* India - Germany
Strategic partners since 2001. Germany is India's largest trading partner in Europe and both are members of G-4 along with Japan and Brazil to support each other's bids for UNSC permanent seat.