India, Russia will reach $100 billion in bilateral trade soon: Why Putin considers India as reliable partner? | World

Russian President Vladimir Putin on Thursday said he considers India as a reliable partner and expressed confidence that both the countries will reach $100 billion in bilateral trade in the coming years. “India is among world’s major economies and is currently demonstrating an impressive rate of economic growth,” he said.

“We (India-Russia) enjoy a special privileged strategic partnership. That is how I characterise this relationship. It did not occur yesterday or one or five years ago. This is something we have been working on for decades. Back in 1947, when the Soviet Union established diplomatic relations with the Indian Republic, we have been doing everything to support the establishment of a new state, a new independent state. I’m glad to say that thanks to the hard work and the talent of the Indian people, India has made great and important achievements in its development,” he said.

“India is one of the leading economies of the world that shows the highest rates of economic growth. This is not something that comes out of the blue. This is a result of the hard work that the government has been doing under the leadership of Prime Minister Modi,” he said.

He called India a great nation and democracy and said it pursues its national interests well. Putin added that Russia sees no negative consequences from India’s bilateral relations with any other country. He went on to say that the US is trying to pressure India including over cooperation with Russia; but it will resist such efforts.

“India is among world’s major economies and is currently demonstrating an impressive rate of economic growth,” he said. Putin also stated that Russia would continue to deepen ties with India despite geopolitical tensions surrounding Moscow’s global engagements. “We have all the foundation to work more actively towards achieving more ambitious goals in the economic front,” Putin said.

“It is useless to pressure Prime Minister Modi,” Putin said and added that India would resist external attempts to influence its cooperation with Russia. Putin also praised India’s economic performance, saying the country was demonstrating impressive growth and had firmly established itself among the world’s leading economies.