Prime Minister Manmohan Singh has said the strong and united stand adopted by world leaders against terrorism at the G8 summit in St Petersburg would reinforce international commitment to eliminate the major threat to civilised global order.
"We consider it very important that the St Petersburg summit resulted in a strong and united stand against international terrorism, which would reinforce the commitment of all present to work together to eliminate this major threat to a civilised global order," Dr Singh said in an interview to Russia's Interfax news agency.
"For India, this is particularly relevant, as we have once again become the targets of terrorist violence -- in Mumbai and in Srinagar on July 11, 2006," he said. World leaders had on Monday expressed outrage over the 'barbaric' Mumbai blasts and condemned the perpetrators and sponsors of such terrorist acts.
Asked about the kind of contribution India was ready to make in developing themes like energy security, Dr Singh said, "We expect a balanced outcome that would reflect the interests of both producers and consumers. There is a need to think of ways to enhance stability and predictability of the energy market."
"From the Indian perspective, the diversification of the energy mix with a greater share of nuclear and renewable energy is important. We also need international cooperation in the global deployment and diffusion of energy efficient and low-carbon technologies. India is playing its part in making these transitions," the prime minister said.
Asked about economic and investment cooperation between India and Russia, including in the fields of energy and diamonds, he said, "The economic pillar of our strategic relationship needs attention, as at present it is not as strong as it should be. Our economy has registered good growth rates in recent years and so has the Russian economy. This should be reflected in the quality of our bilateral economic relations."
"Our annual trade turnover currently stands at around $2 billion to $3 billion, which is far below the potential of both the Indian and Russian economies. We hope to raise the level of bilateral trade to $10 billion by 2010," he added.
Stressing that energy was the key to transforming the economic relationship with Russia, he said Moscow was one of the largest producers of energy and India was one of the largest consumers.
"We have invested a couple of billion dollars in Sakhalin-I and we are willing to invest more if opportunities are available. There is unlimited potential for India and Russia, as excellent political partners, to develop a strong energy partnership," Dr Singh said, adding, "Civilian nuclear power projects offer large possibilities once the necessary political issues are resolved. Russian investments in Indian infrastructure development are welcome."
On military-technical cooperation with Moscow, the prime minister said, "Our long-standing defence cooperation underpins the strategic nature of our ties. Russia is the principal defence supplier to India and currently nearly $10 billion worth of contracts are in various stages of being realised. Both sides wish to expand further this defence cooperation beyond a buyer-seller relationship to joint research, design, development, production and marketing as well as closer military-to-military ties. The Brahmos missile is a fine example of what can be achieved by working jointly."
Asked about the perspectives for mutual cooperation in the India-Russia-China format, he said, "India, Russia and China need greater coordination and common understanding in meeting challenges. The most important is the fight against terrorism and religious extremism, drug trafficking and trans-border crimes, which also have linkages to the problem of terrorism."
On Russia extending its support to Shashi Tharoor's candidature as the next secretary general of the United Nations, Dr Singh said: "In view of his (Dr Tharoor's) impeccable credentials and our traditionally close relations with Russia, we naturally expect Russia's wholehearted support for his candidature."
Talking about UN reforms, he said: "There is no question that the UN needs to be reformed. We support broad-based UN reforms but are convinced that unless the structure of the Security Council is changed to reflect contemporary global realities, any UN reform would be inadequate and incomplete."
Maintaining the world of 2005 cannot be effectively served by an institution forged in 1945, he said short-term considerations should not stand in the way of the compelling need for reform.
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