12th November, 2003
Prime Minister's Office  


OPENING REMARKS BY PM AT PRESS INTERACTION OF PM AT MOSCOW


Following is the text of the Prime Minister Shri Atal Bihari Vajpayee at the press interaction of him and President Putin at Moscow today:

"Thank you for your kind words Mr. President.

It is a great pleasure to be here in Moscow and I would once again like to express my deep appreciation for the warm welcome and generous hospitality extended to my delegation and to me in Russia.

In keeping with the strength of our relations and the diversity of our cooperation, our discussions today covered a wide range of bilateral, regional and international issues of mutual concern. The various documents we have just signed are a reflection of our convergences and the extent of our continuing cooperation.

Cooperation in energy has long term significance for both our countries. We have taken stock of the Sakhalin-I project and have agreed to monitor its progress at a high level to ensure its timely completion. The construction of the Kudankulam Nuclear Power Plant with Russian assistance is progressing well.

We have agreed to expand our cooperation to other areas of the energy sector.

Our cooperation on civilian space technologies has been very fruitful. We are discussing cooperation on a satellite navigation project.

We believe that our economies have many complementarities.

We are looking at new ways to enhance our bilateral trade and investment. A Joint Task Force has been set up to recommend specific measures in this regard.

There is a large business delegation accompanying me from India. The businessmen have to take advantage of the new opportunities and of the framework we are putting in place to facilitate the growth of trade.

To boost trade, we also need to promote greater interaction between our people. We have agreed to increase the frequency of air connections between Russia and India.

Russian airlines are also being granted fifth freedom rights to Kabul from India subject to the agreement of the Afghanistan Government.

We also look forward to the early opening of an Indian Joint Venture Bank in Moscow.

India-Russia defence cooperation has acquired great versatility, and encompasses a wide range of joint research, design, development and co-production.

The Brahmos missile, whose fifth successful trial launch was just a few days ago, is an example of this.

We discussed other projects and areas of defence cooperation.

We have agreed to strengthen and widen our cooperation against terrorism both in bilateral and multilateral fora.

We have a Joint Working Group, which meets regularly to exchange information and analysis of terrorist threats in our region.

In this context, we discussed the developments of concern in our common neighbourhood.

I have invited President Putin to visit India, so that we can continue our very rewarding tradition of annual summits.

We look forward to receiving him at his convenience.

Thank you."