India will not back sanctions against Russia
07 December 2014
New Delhi,07/December/2014 (ITNN)>>>> Ahead of President Vladimir Putin's visit to India, the government reiterated Friday it? cannot be party to any sanction against Russia.
The Russian President will visit India on Dec 10-11 for the 15th Annual India-Russia Summit during which he would hold bilateral talks with Prime Minister Narendra Modi on Dec 11.
Ajay Bisaria, joint secretary, Eurasia, in the ministry of external affairs, described India-Russia ties as "special and privileged strategic partnership".
He said both countries "have similarity in views on important global issues, including on the threats of terrorism, particularly in Russia and the neighbourhood and on the need to defuse Cold War-like tensions that are increasingly manifesting themselves in global relations".
"India has said clearly that it cannot be party to any economic sanctions against Russia," he said.
India and Russia are to spell out a "joint vision of their relationship for the next 10 years" which will provide a roadmap to advancing the partnership to qualitatively new levels, with strong focus on redefining the economic partnership, he said.
With bilateral trade at $10 billion, the two sides will focus on ways to boost trade during talks that will see around 15 agreements inked, including some between private entities.
Russia, hit by western sanctions over Ukraine and the falling prices of oil, is looking to other countries to boost its economy and has signed energy deals with China.
Modi, who has visited Russia thrice as Gujarat chief minister, had interacted with Putin during those meetings as well as at the BRICS - Brazil, Russia, India, China, South Africa - summit in Fortaleza, Brazil in July and also in Brisbane, Australia, last month.