Modi-Putin sign multi billion dollars defence deal

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Modi-Putin sign multi billion dollars defence deal

BENAULIM: (APP) Indian Prime Minister Narendra Modi and Russian President Vladimir Putin signed multi-billion dollar energy and defence pacts on Saturday.

Modi said the pacts on jointly producing light military helicopters, building frigates and other areas of cooperation "lay the foundations for deeper defence and economic ties for years ahead".

They also signed an initial agreement on India's purchase of Russia's state of the art defence system, capable of shooting down multiple incoming missiles, although there were no details on a timeframe for delivery.