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India-Russia 17th Bilateral Tie - S-400 missiles, Information Security, Energy deal


India and Russia on 15 October 2016 signed 16 agreements during India-Russia Annual Summit across multiple sectors. 
●    The MoUs were signed in Goa during India-Russia Annual Summit co-chaired by Prime Minister Narendra Modi and Russian President Vladimir Putin. President Putin is on a visit to India to attend 2016 Goa BRICS summit.
●    Following MoU took place:  
●    MoU on studying perspectives for cooperation in shipbuilding, implementation of infrastructure projects, transfer of technologies and training foreign specialists.
●    MoU on Cooperation in the implementation of smart cities program in India with the use of IT solutions of the Russian companies.
●    MoU on the joint study of a gas pipeline to India and the other possible areas of Cooperation.
●    Rosneft to purchase 98% Essar Oil.
●    Cooperation Agreement in the area of Education and Training.
●    MoU on setting up of Investment Fund: It was inked between NIIF and RDIF.
●    Signing of MoU for Cooperation in increasing the speed of trains between Nagpur- Secundrabad / Hyderabad.
●    MoU on Mutual Allocation of Ground Measurement Gathering Stations for GLONASS AND NAvIC.
●    MoU on expansion of Bilateral Trade and Economic Cooperation.


 

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