India and Russia have signed the agreements for the procurement of 6,01,427 7.63x39mm assault rifles AK-203 through Indo-Russia Rifles Pvt Ltd, under the military-technical cooperation arrangement for 2021-31.
As per ANI report, This deal was signed following the meeting between Rajnath Singh and Russian Defence Minister General Sergey Shoigu.
Another agreement was signed on Protocol on amending agreement on cooperation in the field of Kalashnikov series small arms manufacturing dated February 18, 2019.
Underlining the importance of the time-tested relations between India and Russia, Rajnath Singh had said that defence cooperation is one of the most important pillars of the bilateral partnership and thanked Russia for its strong support.
“Defence cooperation is one of the most important pillars of our partnership. India-Russia Inter-Governmental Commission on Military-Technical Cooperation (IRIGC-MTC) is a well-established mechanism for the past two decades. I hope the India-Russia partnership will bring peace to the entire region and provide stability to the region,” said Singh in his opening remarks during a meeting with Sergey Shoigu. Rajnath Singh also appreciated Russia’s strong support for India.
“Our close cooperation is not targeted against any country. We hope that our partnership will bring peace and prosperity to the entire region,” he added.