The informal summit is significant given the upcoming U.S. sanctions not just against Russian Federation under the Countering America's Adversaries Through Sanctions Act, but also Iran following President Donald Trump's withdrawal from the nuclear accord with Tehran.
Prime Minister Narendra Modi will hold an "informal summit" with Russian President Vladimr Putin in the Black Sea resort of Sochi on May 21 during which he would discuss further strengthening the Privileged Strategic Partnership between the two countries and exchange views on regional and global developments.
This informal summit will be held in the Russian city of Sochi, and will be unstructured, without any set agenda.
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It said both the leaders will also discuss their respective national development priorities and bilateral matters.
MEA sources said the first informal summit between Modi and Putin was in keeping with the tradition of regular consultations between India and Russian Federation at the highest level.
Modi will be travelling to Russian Federation at Putin's invitation, the government said on Friday. Last week, just after U.S. withdrew from JCPOA, National Security Advisor Ajit Doval visited Moscow for consultations. This could affect the S-400 missile defence system deal which is said to be at an advanced stage of negotiations.
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The summit will take place days after Putin was sworn in as President for a fourth term in office.
Putin is also expected to visit India later this year for the annual bilateral summit. The two leaders might also discuss how their two countries could counter the challenge posed to their defence cooperation by impending United States sanctions against several Russian entities involved in military supplies to India under the Countering America's Adversaries Through Sanctions Act (CAATSA).
Modi's second "informal summit" will be shorter - for just a day. All major powers, including the UK, France, Germany, Russia and China, have said that they will fulfill the commitments under the deal, known as JCPOA (Joint Comprehensive Plan of Action).
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