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Russia's Putin seeks to boost military ties in India | Russia's Putin seeks to boost military ties in India |
(about 1 hour later) | |
Russian President Vladimir Putin has arrived in India on a trip aimed at strengthening military and trade ties. | |
Mr Putin and Indian Prime Minister Manmohan Singh are expected to sign a number of major arms deals. | Mr Putin and Indian Prime Minister Manmohan Singh are expected to sign a number of major arms deals. |
Moscow has long been Delhi's key weapons supplier but has lost several major deals to Western companies in recent years. | Moscow has long been Delhi's key weapons supplier but has lost several major deals to Western companies in recent years. |
Trade between Russia and India is currently worth about $10bn (£6bn) a year, but growth has slowed recently. | Trade between Russia and India is currently worth about $10bn (£6bn) a year, but growth has slowed recently. |
Ahead of the one-day visit, Mr Putin said that he wanted to increase bilateral trade to $20bn by 2015. | |
There was a last-minute change of the venue of the meeting between Mr Putin and Mr Sigh because of security concerns, following protests in Delhi over a gang rape of a female student. | There was a last-minute change of the venue of the meeting between Mr Putin and Mr Sigh because of security concerns, following protests in Delhi over a gang rape of a female student. |
The two leaders will now meet at Mr Singh's residence - not near Delhi's imposing India Gate, where the protests took place over the weekend. | The two leaders will now meet at Mr Singh's residence - not near Delhi's imposing India Gate, where the protests took place over the weekend. |
Moscow's concern | Moscow's concern |
In an article in India's Hindu newspaper, Mr Putin described as a "historic step" the declaration of strategic partnership between the two counties signed in 2000. | In an article in India's Hindu newspaper, Mr Putin described as a "historic step" the declaration of strategic partnership between the two counties signed in 2000. |
The Russian leader also said that the military co-operation between the two nations has reached an "unprecedented level". | The Russian leader also said that the military co-operation between the two nations has reached an "unprecedented level". |
Russia's currently accounts for some 70% of India's arms purchases, the BBC's Sanjoy Majumder in Delhi reports. | Russia's currently accounts for some 70% of India's arms purchases, the BBC's Sanjoy Majumder in Delhi reports. |
But India has recently signed a number of big defence contracts with the US and other countries, including France and Israel, our correspondent says. | But India has recently signed a number of big defence contracts with the US and other countries, including France and Israel, our correspondent says. |
Russia is concerned, he adds, that its traditional position as India's main arms supplier could be under threat. | Russia is concerned, he adds, that its traditional position as India's main arms supplier could be under threat. |