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Watch: BRICS Summit: PM Modi, Russian Pres Putin ink defence deal; address media jointly

Prime Minister Narendra Modi And Russian President Vladimir Putin On Saturday Signed 16 Defence Agreements Worth Rs 39,000 Crores As A Part Of 17th India-Russia Annual Summit Ahead Of Eight BRICS Summit To Be Held In Goa On October 15 And 16.

News Nation Bureau | Edited By : Arshi Aggarwal | Updated on: 15 Oct 2016, 05:22:59 PM

New Delhi:

Prime Minister Narendra Modi and Russian President Vladimir Putin on Saturday signed 16 defence agreements worth Rs 39,000 crores as a part of 17th India-Russia Annual Summit ahead of eight BRICS Summit to be held in Goa on October 15 and 16. 

Earlier, Brazilian President Michel Temer and South African premier Jacob Zuma were first amongst global leaders to arrive for the BRICS Summit in Goa on Saturday. Prime Minister Narendra Modi reached the venue on Friday night. 

The eighth edition of the international conference will begin shortly in Goa’s Taj Hotel as leaders from BRICS countries will continue to arrive according to their respective schedule. The 8th BRICS Summit is being held in Goa from Oct 15 to 16. 

Meanwhile, Russian President Vladimir Putin’s arrival in Goa to attend the BRICS Summit was delayed due to poor visibility with thick fog making it difficult for his plane to land in the coastal state.

Also read:India, Russia likely to sign major defence deals worth billions of dollars

The Russian President was first scheduled to arrive at 1 AM at INS Hansa base, which is adjacent to the Dabolim Airport, but his arrival was delayed due to thick fog in the region, sources in the naval base told PTI.

His flight, which was supposed to land at 3 AM, was rescheduled to 7 AM but even at that time it could not arrive.

However, due to security reasons it was not stated as to where his plane has been diverted. Heavy security was in place along the road connecting INS Hansa base to the summit’s venue hotel in Benaulim village.

Also read: PM Modi to meet Chinese premier Xi Jingping at BRICS Summit, may discuss NSG bid and Masood Azhar

Several Union and Goa government officials were also camping at the base since last night to welcome the Russian President.

For the summit, Goa has been transformed into a fortress, with anti-aircraft guns deployed along the South Goa beaches. 

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Here are the live updates: 

#Companies of both countries are improving industrial cooperation, military and technical cooperation also improving: President Putin

#In last 4 months alone,in Hydrocarbon sector,Indian companies have invested close to US$ 5.5 billion in Russia’s Oil & Gas sector: PM Modi

#India & Russia are moving towards a bright future: PM Modi

#We both agree on zero tolerance towards terrorism and also on the situation in Afghanistan: PM Modi

#Russia’s clear stand on the need to combat terrorism mirrors our own: PM Modi 

#The success of this summit highlights our (India-Russia) strong convergence of views on pressing issues: PM Modi

#We continue to expand, diversify & deepen economic engagement. Businesses, Industry between our countries is connected more deeply today: PM

#With an eye on the future we also agreed to setup a Science and Technology Commission: PM Modi

#With Pres Putin's support we are willing to expand the scope of our relationship further: PM Modi 

#We agreed to work on an annual military industrial conf that will allow stakeholders on both sides to institute & push collaboration: PM

#I am aware of your (President Putin) deep affection for India, ours is a truly privileged and unique relationship: PM Modi 

#Ours is a truly privileged and unique relationship: PM Modi on India-Russia

#Modi addresses joint conference with Russian President Putin after signing the defence deal 

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First Published : 15 Oct 2016, 09:33:00 AM