China and Russia have signed a Protocol to extend the agreement between the two countries on notifications of launches of ballistic missiles and space missile carriers.
Key Points for UPSC Prelims
- The protocol, which extends the agreement for another 10 years, is expected to strengthen the strategic partnership between the two countries.
- The Agreement between China and Russia on â€˜Notifications of Launches of Ballistic Missiles and Space Missile Carriersâ€™ was signed by the two countries on October 13, 2009.
- The above-said agreement was due to expire on December 16, 2020, which has now been extended.
- In June this year, a joint Russian-Chinese statement on developing strategic cooperation was also signed between the two countries.
Russia-India-China (RIC) Trilateral Group
India, China, and Russia are also members of a trilateral group, commonly known as RIC.
RIC is a trilateral grouping that first came into existence in the late 1990s under the leadership of a Russian politician Yevgeny Primakov. Together the group forms 33 percent of global GDP.
Recently, Union External Affairs Minister participated in the virtual RIC foreign ministers meeting in June 2020.
The year 2020 also marks the 20th anniversary of the formal signing of the Declaration of Strategic Partnership between India and Russia.
India and Russia
Recently, India has announced its plan for producing around 300 million doses of the Russian Sputnik V Covid-19 vaccine next year.
Hyderabad-based Hetero Biopharma has also signed a deal with the Russian Direct Investment Fund (RDIF), promoters of the Sputnik V COVID-19 vaccine, for manufacturing over 100 million doses annually.
India and Russia are also in talks for finalizing a pact for sharing defense logistics that will enable access to each otherâ€™s military bases and support facilities.