CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What kind of agreement does India plan to make with Russia?
A
Logistics
B
Trade
C
Collaborative Research
D
Financial
Explanation: 

Detailed explanation-1: -Defence cooperation is an important pillar of the India-Russia strategic partnership. It is guided by the Agreement on the Programme for Military Technical Cooperation signed between the two countries.

Detailed explanation-2: -Bilateral trade between India and Russia stood at around US$13 billion by the end of 2021, and the countries have set a target of $30 billion by 2025. India has been negotiating a Free Trade Agreement with the Eurasian Economic Union, which includes Russia in addition to Armenia, Belarus, Kazakhstan and Kyrgyzstan.

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