India and Russia signed an agreement on Monday for a joint production of over six lakh AK-203 assault rifles. At a cost of around Rs 5000 crore the rifles will be manufactured in Uttar Pradesh's Amethi for the Indian armed forces. Four agreements were signed during the meeting of the India-Russia Inter-Governmental Commission on Military and Military-Technical Cooperation, the meeting was chaired by Indian Defence Minister Rajnath Singh along with Russian Minister of Defence General Sergey Shoigu.
2+2 Meet | Key points
1. Both the countries signed four agreements, protocol and contracts. A pact on amending the agreement on cooperation in the field of manufacturing of the Kalashnikov series of small arms dated February 2019 was signed.
2. A contract to manufacture 6,01,427 AK-203 assault rifles was also inked between the two countries.
3. The two countries signed an agreement to extend military technology cooperation for the next decade, i.e. from 2021 to 2031. Rajnath Singh and General Sergey Shoigu also signed a protocol of the 20th India-Russia inter-governmental commission on military and military-technical cooperation.
4. India also raised issue of 'unprovoked aggression' by China in the 2+2 meet with Russia, according to news agency PTI
5. Rajnath Singh termed India- Russia relations as time-tested, based on common interests and long standing.