India and Russia have agreed to establish a ‘2+2 Ministerial Dialogue’ at the Foreign & Defence Minister level between the two countries. Russia is the 4th country and 1st Non-Quad member country with which India has established the ‘2+2 Ministerial dialogue’ mechanism. India has such a mechanism with the US, Japan and Australia. It is expected to boost the bilateral strategic partnership between India & Russia.
- Relations between India and Russia are rooted in history, mutual trust and mutually beneficial cooperation. This is a strategic partnership that has withstood the test of time, and which enjoys the support of the people of both countries.
- Diplomatic relations between India and Russia began even before India achieved independence, on 13 April 1947.
- In the period immediately following independence, the goal for India was attaining economic self-sufficiency through investment in heavy industry. The Soviet Union invested in several new enterprises in the areas of heavy machine-building, mining, energy production and steel plants.
- During India’s second Five Year Plan, of the sixteen heavy industry projects set up, eight were initiated with the help of the Soviet Union. This included the establishment of the world-famous IIT Bombay.
Important takeaways for all competitive exams:
- Russia President: Vladimir Putin.
- Russia Capital: Moscow.
- Russia Currency: Russian Ruble.