DTN News - INDIA NEWS: Putin Goes To India: Can He Win Over Modi?
(NSI News Source Info) TORONTO, Canada - December 10, 2014 (MOSCOW): Vladimir Putin will be hoping to demonstrate the irrelevance of Western sanctions as he arrives in India for a one-day summit with Prime Minister Narendra Modi that could see up to 20 large business deals inked.
Mr. Putin will be looking for signals of political solidarity amid Russian economic woes that stem in part from those sanctions. Analysts suggest he's likely to get what he wants – though he may have to pay for it in the form of discounted Russian oil, sweet deals on diamonds, and opening up Siberian oilfields to Indian investment. Economic concessions have factored in recent gas contracts announced on Putin visits to China and Turkey, and experts say the Indians are certain to press for advantages as well.
*Vladimir Putin will be seeking to keep India's Narendra Modi onside with cheap oil and diamond deals, as India diversifies its weapons purchases away from Russia.
*Source: DTN News - - This article compiled by K. V. Seth from reliable sources The Christian Science Monitor
*Presented & compiled for DTN News ~ Defense-Technology News
*Photograph: IPF (International Pool of Friends) + DTN News / otherwise source stated
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