India and Russia close deal on arms production
India and Russia are approaching a collaboration where the countries will produce military equipment together. This is what Russian Foreign Minister Sergei Lavrov says after a meeting with his Indian counterpart Subrahmanyam Jaishankar, according to Reuters.
- We talked about a possible agreement to produce modern weapons together, says Lavrov.
Jaishankar is in Moscow this week for meetings with several high-ranking politicians, including President Vladimir Putin. Since the invasion of Ukraine, India has become one of Russia's most important trading partners.
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Russian invasionRussian reactions
India: Knows Putin Seeks Peaceful Resolution in Ukraine
Since Russia's invasion of Ukraine, trade between India and Russia has increased and is expected to cross $50 billion this year. India's Foreign Minister Subramanyam Jaishankar is currently in Moscow and on Wednesday met his Russian counterpart Sergey Lavrov and Vladimir Putin, AP writes.
After the meetings with the top Russian politicians, Jaishankar praised not only trade between the countries but also Putin's actions in Ukraine.
- I know he wants to end this problem peacefully, he says.
Russia has long said it was ready to negotiate a peace with Ukraine, but then demanded that conquered territories go to them.
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The Russian invasion. The outside world's response
"The EU countries can trump Putin - if they only want to"
Europe has the ability to stop Russia, but then there must be a will to increase the production of, among other things, ammunition, combat vehicles and air defenses. That's what Gunnar Hökmark, chairman of the think tank Frivärld and former M member, writes on DN Debatt.
Russia has converted to a war economy and even if the country were to spend 6 percent of GDP next year, the EU countries can trump that, Hökmark believes.
"The European economy is more than ten times bigger than the Russian one. Together with the American one, we are more than 25 times larger than the war economy that Putin has at his disposal.”
Hökmark believes that Ukraine needs production to survive the Russian invasion, and that the rest of Europe needs it to meet Putin's threat.
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