GROWING BILATERAL RELATION BETWEEN INDIA AND RUSSIA IN DIFFERENT SECTORS AND EMERGING AS GLOBAL POWERS

Abstract

73 years of bilateral relation between India and Russia, Today India and Russia have emerged as global powers with cooperation in different sectors like technical, nuclear energy, outer space, security, education,counter terrorism, defense, politics, the food security has recently become an area of cooperation between the two countries. With the coming of Putin to power, we see India and Russia bilateral relationship entering new areas of cooperation. A healthy relation with Russia is a key element for the cultivation of India Foreign policy. The foundation element for the rapid increase in bilateral relation between the two countries can be traced back to October 2000 with the signing of the Declaration on the Indo –Russia Strategic Partnership. India and Russia are dependent on each other and the cooperation exists because of much mutual self-interest. Both India and Russia are part of BRICS, SCO AND RIC which have provided them a platform to have discussion on issues outside the Western block and emerge as global power in Asia, The cultural exchange programme and education initiatives programmes with people to people contact play a vital role in strengthening and bringing the two countries close to each other. Economic partnership between the two countries is regarded as a strong pillar for strategic partnership along with defence cooperation which provide maximum economic growth and development for both the countries. Keywords: Bilateral relation, economic, defence cooperation, mutual self-interest, strategic partnership, cultural exchange