Jaishankar says an array of agreements are being prepared for signature after the Thursday meeting, but did not give details.
Modi began his visit on Wednesday when he had a private dinner with Putin.
15th India-Russia annual summit meeting was held in India in the year of 2014, and President of Russia Vladimir Putin visited India in 2014 to participate in the meeting. Even the extremely modest target of $30 billion bilateral trade by 2025, set by Modi and Putin previous year and up from the $9 billion at present, appears optimistic.
He further asserted that his visit would deepen the cooperation between India and Russian Federation in the economic, energy and security spheres.
Russian Federation was the also first country with which India concluded a formal agreement on strategic partnership, which has since been elevated to the level of “special and privileged” strategic partnership in recognition of the multifaceted bilateral engagement. The two time-tested partners will focus on expanding economic ties.
“The best thing is that he knows how to maintain relations”, Modi said of Putin in an interview with Russian state news agency TASS published on December 23.
Prime Minister Narendra Modi faced embarrassment on Wednesday night when he, started walking when the National Anthem was being played by a Russian Military band.
On the agenda is Modi’s naming of the site for another six 1000-MW VVER Russia-supplied nuclear power plants.
Talks are also likely to touch upon the purchase of five advanced S-400 air-defense missile systems by India, which the country’s defense-acquisition panel approved last week.
“Russia’s and India’s positions are close or coincide” on topical worldwide issues, the presidential press service said. He will also attend a “Friends of India” programme. We additionally need to improve cooperation in science and know-how, mining amongst different sectors. Modi is also scheduled to visit Russia’s emergencies ministry and speak at a Friends-of-India event expected to draw 3,000 people before departing Thursday evening.
Energy-starved India, the third-largest oil importer after the U.S. and China, has been pushing for greater involvement in major gas and oil exploration projects in Russian Federation. “Abhinandan” envisages performance of Indian art forms by Russian artists.
On the eve of veteran leader Atal Bihari Vajpayee’s birthday, artists will perform musical enactment of Atal ji’s poem Geet Naya Gata Hoon rendered by Lata Mangeshkar.