MOSCOW (Sputnik) – Earlier in the day, Indian Prime Minister Narendra Modi met with Russian President Vladimir Putin during his visit to Moscow.
The sides positively assessed the June 2015 Memorandum of Understanding (MoU) signed by the Indian Space Research Organisation (ISRO) and Russian Federal Space Agency (Roscosmos).
The memorandum deals with developing cooperation in areas of mutual interest, including satellite navigation, human spaceflight program technologies and launch vehicle development. The memorandum is notable for being signed on the 40th anniversary of the launch of the first Indian satellite by a Soviet rocket, according to the statement.
Modi arrived in Moscow for a two-day annual summit on Wednesday to hold talks with Putin on a range of bilateral issues, including transport, trade, energy, and the economy.