mention any two benefits of indo Russian relation?
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Answer:
Explanation:
India–Russia relations (Russian: Российско-индийские отношения; Hindi: भारत-रूस सम्बन्ध) are the bilateral relations between India and Russia. During the Cold War, India and the Soviet Union (USSR) had a strong strategic, military, economic and diplomatic relationship. After the Dissolution of the Soviet Union, Russia inherited its close relationship with India which resulted in both nations sharing a Special Relationship. Russia and India both term this relationship as a "special and privileged strategic partnership" . Owing to the bonhomie shared by the countries' respective leaders, Prime Minister Narendra Modi and President Vladimir Putin, the bilateral relationship has seen further growth and development. An informal meeting between them in 2018 at Sochi helped accelerate the partnership, displaying the role of interaction and cooperation between India and Russia.
Traditionally, the Indo-Russian strategic partnership has been built on five major components: politics, defence, civil nuclear energy, anti-terrorism co-operation and space.[1] These five major components were highlighted in a speech given by former Indian Foreign Secretary Ranjan Mathai in Russia.[1] However, in recent years a sixth, economic component has grown in importance, with both countries setting a target of reaching US$30 billion in bilateral trade by 2025,[2][3] from about US$9.4 billion in the year 2017.[4] In order to meet this goal, both countries are looking to develop a free trade agreement.[5][6][7] Bilateral trade between both countries in 2012 grew by over 24%.[7]
The powerful IRIGC (India-Russia Intergovernmental Commission) is the main body that conducts affairs at the governmental level between both countries.[8] Both countries are members of many international bodies where they collaborate closely on matters of shared national interest. Important examples include the UN, BRICS, G20 and SCO.[9] Russia has stated publicly that it supports India receiving a permanent seat on the United Nations Security Council.[10] In addition, Russia has expressed interest in joining SAARC with observer status in which India is a founding member.[11][12]
India is the second largest market for the Russian defence industry. In 2017, approximately 68% of the Indian Military's hardware import came from Russia, making Russia the chief supplier of defence equipment.[13] India has an embassy in Moscow and two consulates-general (in Saint Petersburg and Vladivostok). Russia has an embassy in New Delhi and six consulate-generals(in Chennai, Goa, Hyderabad, Kolkata, Mumbai and Thiruvananthapuram)[14]
According to a 2014 BBC World Service Poll, 85% of Russians view India positively, with only 9% expressing a negative view.[15] Similarly, a 2017 opinion poll by the Moscow-based non-governmental think tank Levada-Center states that Russians identified India as one of their top five "friends", with the others being Belarus, China, Kazakhstan and Syria.