December 24, 2012
List of documents signed at the 13th India-Russia Annual Summit
S.No | Name of the Document | Details | Indian Signatory | Russian Signatory |
1. | Protocol on Foreign Office Consultations 2013-14 | The
Protocol is an instrument to continue the tradition of close political
consultations between the two Foreign Offices. The current Protocol
outlines seventeen different broad themes for such exchanges. The
bi-annual Protocol mechanism enables frequent contacts and promotes
broad-based understanding between the various wings of the two Foreign
Offices. | Shri Salman Khurshid,External Affairs Minister | Mr. S. Lavrov,Minister for Foreign Affairs |
2. | Memorandum
on Cooperation between the Ministry of Science & Technology,
Government of India and the Ministry for Education and Science of the
Russian Federation in Science, Technology & Innovation | The
Memorandum shall facilitate deepening cooperation in the field of
innovation and S&T, through implementation of joint programs or
projects involving educational, R&D and industrial institutions. It
also stipulates formation of a Working Group to implement the provisions
of this MoC. | Shri Jaipal Reddy,Minister for Science & Technology | Mr. Dmitry Livanov, Minister for Education and Science |
3. | Cultural
Exchange Programme between the Ministry of Culture of the Republic Of
India and The Ministry of Culture of the Russian Federation for the
Years 2013 - 15 | The document envisages enhancing bilateral
cultural contacts through exchanges in performing arts, films, archives,
museums and conservation, literature and language and through
organization of reciprocal Festivals. It is in continuation to the
previous CEP 2009-12. It also aims to preserve and promote the legacy of
the Roerich Estate in Kullu (Himachal Pradesh), an important icon of
cultural cooperation between the two countries. | Smt. C.K. Katoch, Minister of Culture | Mr. Vladimir Medinsky, Minister of Culture |
4. | Memorandum of Understanding to Promote Direct Investment between Russia and India | MoU
envisages investments upto US$ 2 billion in important bilateral
projects or companies, privatization and other opportunities.RDIF is a
US$ 10 billion sovereign-backed Russian private equity fund established
by the Russian Government to co-invest alongside global institutional
investors. Since its inception in 2011, it has led investments totaling
US$ 1.5 billion in Russian companies together with some of the largest
asset managers in the world. | Shri Pratip Chaudhuri, Chairman, State Bank of India | Mr. Kirill Dmitriev, Director-General,Russia Foundation for Direct Investments |
5. | Memorandum
of Understanding between Bharat Sanchar Nigam Ltd., New Delhi, India
& Mahanagar Telephone Nigam Ltd., New Delhi, India and NIS-GLONASS,
Russia for conducting the proof of concept through pilot project for
providing the Satellite based navigation services | The MoU
envisages a pilot project to assess the usage of the Russian Global
Navigation Satellite System (GLONASS – the Russian equivalent of GPS)
using the capabilities of BSNL/MTNL ground infrastructure. Success of
the pilot project may provide insights for wider applicability of
GLONASS signals in the future in areas such as disaster management,
telephony and long-distance communications. | Shri R.K. Upadhyay,
Chairman & Managing Director, Bharat Sanchar Nigam Ltd., &Shri
A.K. Garg,Chairman & Managing Director, Mahanagar Telephone Nigam
Ltd. | Mr. Alexander Chub, Director-General, OAO "NIS” |
Military-Technical Contracts
6. | Contract for Delivery of 71 Mi-17V-5 helicopters | An
order for procurement of 59 Mi-17 v5 MLH was agreed to in Feb 2010,
which was subsequently increased to 71. The current contract is in
context of the order. |
7. | Contract for Delivery of 42 technological kits for SU-30MKI aircraft licensed production | The
Protocol-II on licensed manufacturing of additional 42 SU-30MKI
aircraft units was signed during Annual Summit 2011. The current
contract is a follow up to this Protocol. |
Business level Contracts
8. | Strategic
Cooperation Agreement between Tata Consultancy Services Ltd. and Joint
Stock Company "Navigation Information Systems” (NIS) of Russia | The
Agreement shall establish and strengthen technology partner relations
between the two enterprises in software development, systems
integration, product engineering, professional services for and
marketing of NIS products and TCS Solution frameworks. The areas of
cooperation visualized concern sectors such as information technology
enabled services, telecommunication systems, manufacturing etc |
9. | Joint Venture Agreement between Elcom Systems Private Ltd. and OAO "Vertoleti Rassi” (JSC "Helicopters Russia”) | The
joint venture aims to set up in India, a modern industrial facility for
manufacturing of Russian models of helicopters (Ka- and Mi- brands).
The JV will serve as an industrial base for hi-tech rotorcraft products
from Russia to India and shall contribute to the development of the
domestic aerospace industry. The enterprise will be eligible for
implementing offset projects under various procurement tenders in
India.JSC "Russian Helicopters” is a leading player in the global
helicopter industry engaged in the business of modern civilian and
military helicopters and training of aviation personnel. Elcom Systems
is an established entity in the Indian telecommunications, security and
navigation sectors. |
10. | Memorandum of Understanding for Joint Venture arrangement between Elder Pharmaceuticals Ltd., Mumbai and Pharm Eco of Russia | The
joint venture company will engage in the manufacturing, marketing and
distribution of pharmaceuticals in Russia and other countries and
envisages an investment of at least US$ 100 million. PharmEco will have
51% stake in the joint venture while Elder Pharmaceuticals will own 49%
in the joint venture company. |
New Delhi
December 24, 2012
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