How Modi is helping Putin in counterbalancing China??

In this video, we will discuss how India is committed in the growth of underdeveloped Russian Far east region


References - 
http://www.news18.com/news/india/opinion-india-and-russia-are-getting-together-to-counterbalance-china-this-time-in-russian-far-east-1514833.html

https://en.wikipedia.org/wiki/Russian_Far_East

http://www.sras.org/russian_far_east

https://sputniknews.com/business/201709061057140364-eef-india-investment-opportunities-russia/
http://economictimes.indiatimes.com/news/defence/in-balancing-act-russia-opens-far-eastern-region-to-india/articleshow/60283658.cms
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Transcript 
Hello Friends, I welcome you with a new video on my channel Real Quick Info.

Friends, Indian external affairs minister Mrs Sushma Swaraj recently participated in Third Eastern Economic Forum in Russia.

Lets first talk about Eastern Economic Forum.

This is an international forum held each year since 2015 in September, at Far Eastern Federal University in Vladivostok Russia, for the purpose of encouraging foreign investment in Resource super rich Russian Far East.

However, from infrastructural and economic development point of view, this part of Russia has clearly lagged behind.

Hence, Russian president Putin decided in 2014 to focus on development in this region by encouraging foreign direct investment.

But even before this policy came in to being, The Chinese entered the Russian Far East in hordes for many years so much so that they have already altered the region's demography and the region looks more like a Chinese land, rather than Russian territory.

Now Putin obviously wants to correct this and is relying on friends like India to counter the Chinese influence in the region. Putin is convinced that the Indians will be more acceptable and friendly to the local population than the Chinese.

We all have this impression that Russia and China are great friends, but in reality Russia looks at China with suspicion and more as rival.

You can recall, How president Putin supported Indian entry in S C O recently to counterbalance the influence of China and Pakistan combination.
Over last seven decades, India has been major Russian defense equipment buyer. but There is no need to limit Indo Russian trade to defense area alone.
Going beyond defense cooperation, India has invested close to $5.5 Billion in Russian oil sector, and Recently Largest FDI deal with $13Billion value, , has been concluded in between Russian oil giant  Rosneft and Essar.

There is no way to suggest that India and Russia have reached peak of cooperation.
By 2025, the bilateral annual trade is expected to reach $30 Billion.
No doubt, Russian far east region will play significant role in realizing this aim.

While India is investing in Russia, there is need for Russian firms to continue to invest in India as well.
All Indians appreciate Russian friendship and Russian firms are welcome and will be provided best possible cordial environment .

For time being, Russia has certainly taken long term view and started engaging with India to avoid over dependence on China in Far east region.
The participation of Indian foreign Minister in this years Eastern Economic forum highlights Indian commitment to support growth in under developed Russian Far east.


For this video we have referred a few online articles. you can find their links in the description box below.

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