One key development is the direct cargo connection between Chennai and Vladivostok, a crucial Russian port on the Northern Sea Route.
India and Russia have solidified a five-year plan to enhance their economic and trade partnership, while also addressing the ongoing conflict in Ukraine and the threat of terrorism.
Indian and Russian officials have discussed Indian-Russian cargo transit along the Northern Sea route, joint projects in Arctic shipbuilding and possible training of Indian sailors for polar navigation.
Aayush will represent India on Rosatom's Arctic expedition aboard the 50 Let Pobedy nuclear icebreaker.
Putin said the 'policy' pursued by Modi is the main 'guarantor' of relations between the two countries.
As the ice-covered parts of the Arctic Ocean melt due to climate change, China has flagged its interest to take part in building 'Polar Silk Road', raising prospects for the emergence of a new sea route.
'The fact that Modi and Xi exuded confidence to accelerate the negotiations for a border settlement alone underscores that the Russia-India-China triangle has become very dynamic,' notes Ambassador M K Bhadrakumar.
An Indian Navy submarine caught fire after an explosion and sank in Mumbai late on Tuesday night, with 18 personnel on board, including three officers, feared dead.
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