The 21st India Russia Annual Summit between Prime Minister Narendra Modi and Russian President Vladimir Putin was held at Hyderabad House in New Delhi on December 6, 2021.
- The first 2 Plus 2 dialogue between defence and foreign ministers of Russia also took place on December 6 in New Delhi.
- Defence Minister Rajnath Singh and External Affairs Minister Dr. S Jaishankar represented the Indian side in the 2 Plus 2 Dialogue and the Russian side was represented by their Foreign Affairs Minister and Defence Minister.
- Four agreements were signed after this meeting, including contract for procurement of over six lakh AK-203 Assault Rifles and agreement on Program for Military Technical Cooperation from 2021 to 2031.
- These rifles will be indigenously produced at Korwa, in Uttar Pradesh.
- AK-203 Assault Rifles will tremendously augment the operational capability of our soldiers.
- AK-203 Rifle, having an effective range of 300 meters is a light weight and easy to use Modern Assault weapon with proven technology. This will enhance the combat potential of our soldiers to meet the operational challenges. Both countries set a target of trade worth 30 billion dollars and investment worth 50 billion dollars by 2025.
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