support at this point he came into office with vast majority of people behind him and he had built such a sense of expectation and i think people's hopes many of them are really dashed because he started on such a high pedestal what do you think it means for him in the next presidential election well let's hope we don't focus on the next presidential election for the next two years because that's what happens in american politics we've got a lot more important things to do and you kind of wish for a president that wasn't about getting reelected that was really about making the change that he thinks the country needs instead of trying to guarantee his return to the white house but for sure i mean one of the challenges this administration has and this president has is to keep in gauged space because it's only because of grassroots organizing that this obama presidency ever came about so his biggest challenge i think these next two years is to try to keep them in some way engaged when he sold out most of the signature pledges that he made to them in two thousand and eight why is that is it because there were too many challenges is it because the change that he promised was

a change that was too big for america at the time well i mean it's a long list but i think you've got a very very troubled democracy in the united states where corporate influence is run amok and he came into office on the back of a lot of campaign contributions first and foremost from wall street so in some sense if he wants to get reelected and keep friendly with those that brought him into office on the financial side well then he's going to be nervous about chomping down on the hand that feeds him he's going to be nervous about abandoning some of those folks whose contributions he took so you've got to trouble democracy you've got people in trouble i mean we've got an economy that was in crisis when he came into office still in crisis the only difference now is that we're being told that the recession is over we're being told that a recovery is taking place for most americans it's really not so i mean the challenge that he faced was overwhelming there's no question and eight years of bush left this country in a disastrous state but the nature of our democracy i think is what he's up against his own hands being tied by the people that brought him this for an. and of course

the state of all our congressional system where you have this insane filibuster rule that enables the senate didn't able the senate in the set the republicans in the senate to basically shut down any initiative coming out of the democrats they said we're not going to take any any action on anything and that's basically what they did and i think that surprising way came as a shock to barack obama now you mentioned the hand that feeds how do you describe the relationship between washington and wall street right now well it's very complicated i mean barack obama received more money from wall street firms when he was running for office than any other candidate and yet he comes in as the progressive candidate make sense of that i don't see how we can keep having elections when. we're just going to break into that now and return to our top story as boosting nuclear power and defense ties are very much on the minds of the russian and indian leaders as i meet in new delhi right now and deals with billions of dollars are expected to be signed during

a present visit to the world's second fastest growing major economy and in fact. to a media conference with me to get it. done and seeing this obviously. our summit this year marks the completion of ten years of the india russia strategic partnership this is also the third annual summit meeting i have with president medvedev we deeply regret you. that president medvedev has really been taking forward our

relationship. dieter dition. with russia symbolizes the richness of poverty listenership with russia russia is a time tested friend of india that is stood by us in our times of need in the part. ours is a very special and privileged strategic partnership it is a partnership that has and really continue to develop independent of our relations with other countries our talks have been comprehensive and result oriented we have signed several important tech dream and covering a large number of sectors this city flecked howard mutual desire to bring over cooperation in other areas part with our traditionally strong

cooperation in to free up defense and nuclear. i am particularly glad that we concluded and entered coming to leg human time cooperation in the aisle and gas sector this is the result of a lot of hard work put in by both sides and it reflects the complementarities between our two economies. we will work towards simply mentation through a mutually agreed road map we've really come the increasing role being played by the india russia forum on trade and investment and the c.e.o.'s cards we have signed agreements in department city can lead nutrition technology sectors these are areas which have immense possibility for expansion

the agreement on simplification that has been signed will help to ease travel of citizens of our countries we have also decided to enhance cultural exchanges long before other countries it was russia which helped us in the development of our scientific and industrial base i am very happy that we have renewed the integrated long term technology program with demanded to establish an innovation based technology partnership in the field of defense cooperation review the ongoing projects including those relating to giant design development and production discussions have progress on the construction of additional russian designed nuclear reactors i

could uncle and we have signed an agreement to broaden scientific and technological cooperation in the field of nuclear adage we also reviewed the situation in our region and ways and means to further strengthen our coordination on international issues we have agreed to intensify of a consultation on the honey start we look forward to working with russia. in the united nations security council during our team over the next two years we will work closely with the bric and g. twenty three what i would relations with russia i refractors of peace and stability in the region and the world this summer has added more substance to our cooperation hundredth i once again hang president medvedev and the government

and people of russia i thank you. may now invite the president of pressure to please address the media. dr manmohan singh compliment me as the indian muslim leader my guess but i'm not sure big i want to scream your minister. we're not fish in the me. that you're a lier you're exhausted talk to my. doctor saying you're representatives of the media nationally our negotiations stay very productive and constructive today we're talking about a privileged strategic partnership. which allows in every discussing topical international issues in a very friendly way today we have made great progress on the issues of trade cooperation. on issues of innovation and spaced cooperation and of course on

humanitarian issues. all this is reflected in our joint statement. it determines our measures on the relevant key areas of our cooperation in the near future and our approaches towards cooperation on the international arena will slow release but we have agreed to see our main said and i'm certain political dialogue on a top level. to post contacts. among the mysterious and agencies those contacts. happen regularly he will with them and they have happened. throughout the last year that it is very important to close contacts within our national business communities. and of course we will do our best to leverage to contact them to contribute to the relevance of human contacts are still contacts amount of our citizens by the way the documents on the simplification of traveling

is a real contribution to this task will be one of the key topics of our discussion was . really economic issues like a lot of we have been quite successful in boasting our commodity turnover that. we have good dynamics here. and it too is an important player relates to hired to devalue products. like vehicles transportation and the equipment available. for more than half a log a modest return. on the lake and they mounted turnover is also growing like you had done with but you know it is now nearing ten billion dollars cash of the name you know although the prime minister and i have expressed our joint opinion that this commodity turnover is not a quite up to the strategic and privileged nature of our relations and we will work . long on that he will go further would look to try to

billion dollars by. twenty fifteen october. on the block we also pay special attention to know itself the areas of cooperation almost that we have just signed a comprehensive program on top of rationing in the area of technology and innovation but at the same program has been realized over the last ten years but illegally but. what they were also signed was a significant set of documents on the russian indian by taking all the rationing out of the satellite navigational mio pharmaceuticals and so on you know. that we also touched on other areas of cooperation where great progress has already been made to measure joint good progress in the projects including energy called rationing nuclear energy cooperation and cooperation in oil and gas and space

exploration national where go into. corporation we in regarding the global last satellite yeah you'll decision and so some of the media in general but on and i would like to point out that our two countries that do dishes will produce a lot of operating in not only in traditional areas or will be might be of our business interaction but also in the area. that is now known as modernization corp i think this is very good both for the russian federation and in advancing the debate you'll know when you bet on it but actually the world will do well we haven't traditionally had some great humanitarian ties in here twenty eleven we're planning to organize a festival of mention of culture of culture in russia and in not the. twenty twelfth there will be a festival of the russian culture in india i have to say that says first of all sanjay great popularity among citizens of our countries and i'm sure that events

like this. will gain many supporters and fans both in india and in the russian federation. not only problem i take it they have also talked about internationally because you were not issuing of them they have not said or the prospects of. those think cooperation in international formats and i would like to point out. that russia considers india and a strong and with a candle to give up. her position. in the security council of the united nations if it's such decision not to expand this authority is on a go to move during the negotiations we. discussed for a formation of international financial institution was what you were interacting in the form of twenty on this matter and we also discussed the strength and security of the main the asian region and the pacific region as well and our cooperation

within the break. we also talked about. the situation around afghanistan and exchanged opinions they need. further cooperation with the way. in combating terrorism and drug trafficking and i see a preview of russia well. in these ascension to the group when you were going on financial measures against the money laundering war and the eurasian grow that usually goes on combat thing where the. money laundering which and terrorism financing as a full fledged member of these first groups. which of i would like to. point out once again that intensive contacts on top level only contact them years and on the other hand person not on the facts among the ordinary citizens of our countries. are a sign of special. friendship and predictability of our relations absolutely.

fully confident that such relative fessenden vibration between russia india from russia that i. a national model that is not only for the good of our countries and our people. but still it also meets the demands of the current time and the international situation in general i would like to thank our people that were indian colleagues with their hospitality but human being and our what i see. them good joint work really good thing i would like to invite somebody you surprise minister and we put on this delegation of the russian and twenty levon b.b.q. and we will be glad to continue the negotiations that will further strengthen the privilege strategic partnership between russia and india thank you very much the prime minister and the president would be very happy to take two questions from each side the first question goes to the russian side i would request you to

please indicate to whom the question is a desk to mr levy me so from the commerce on. that idea. i have a question for both parties economic development glasgow has been talking about modernization of russia's economy which implies cooperating with other states in this area in this connection i have a question let me play the clip of you must when you please name a specific projects that russia and india could address peres in right now and when you would evaluate this potential the potential of such cooperation in money terms . the possibility. well if i may. i will start of answering as far as i know this question was addressed to us but. truly we need years more data that is with great hope that we look at they were at the notes of components of our cooperation. and this matter is always on our

table with. it's only short of what you're called like to point out once again. that. a lot of our bottled russia has different it's very limited to turnover with different countries i don't admire it we are not always satisfied with that but what about all that you write he could alter all from the movie russia's commodity turnover is dominated by roman cereals and energy resources. of course russia is a major energy power but this is not the only thing that russia has the music from the. and as for our modern style over with our indian friends over fifty percent of our turnover with the only but i do accounts for innovative based products in the innovation based on her looks and a bush in a really good signal would have been with only the most on the cigar which is innovative in its nature otherwise it just will literally issue one of them i think

this is very important because even now our corporation is essentially innovation the based on the would throw me off course there. are a number. of projects like wellness like space exploration. in the but i will anyway i would like those areas of on operations media that people will to gain new dimension and. besides we just found a new document on cooperation and pharmaceuticals. which is of course you know the . national debt on the national economic and other priorities. in the modernization of our country and our economy our indian partners have great experience in the pharmaceutical industry and we have to lay the foundation as you put them through the people restoring russia still it was the bomb this year to go industry and we would like it to develop not just with national. cooperation with our friends are holding our india friends. because there which i thought the russian state today

will mark them the way is to create a full fledged. a full fledged thrushes. like the medicals markets. for lots of really inexpensive really high quality mats and there are other areas of my texts corporation of course our nuclear cooperation within say of course is fear of very high technology and we're very glad to see it develop and such a productive way. for me to elaborate will i entirely agree with christine my great deal there is an enormous unexploded potential of the development of our relations particularly in the area our trade and economic affairs our particular significance in terms of concrete projects is our cooperation in the field of nuclear energy the

hydrocarbon sector information technology centers. outer space and what president medvedev just mentioned the immense potential optics craning cooperation in the field of our basic. money john of. this question is addressed to the russian president excellent see how do you how do you look at st helens of terror that continue to operate with impunity from the region and what we'd get india and russia expand cooperation in combating terrorism and also in stabilizing afghanistan i would also be happy the prime minister did want. and i see again you who it is russia just like india you know use the proceeds from

the fact that terrorists are criminals. they're criminals for the traits but it's two billion years. that is against civilians they don't use full would lose it dozens. in the end i don't think they should be really good thanks for that. unconditionally though to face their punishment. and those covering rubbering terrorists or harboring criminals that we do we can there is no other fact to when you manage to about this with you on that night we understand that the process of extradition going is quite complicated little times i guess in this area because international cooperation is vital cooperation among all those interested in combat and terrorism to be that person from late let a man that no normal modern state look at on a good idea that cannot be harboring terrorists a lot of them i mean with this guy pretending that they are unusual or began

citizens i knew beautiful loner thinking that they might change my opinion is that they should be prosecuted for the atrocities perpetrated. in their might even that of course there needs to be a regulator a framework of. grimace between countries to extradite criminals and they should be applied. that on this applies to that on relations relationships between all countries work including countries in this region cooperation in this affair with our indian counterparts what to do is very productive you you might go to them and quite openly and you would be nice but unfortunately own studio in the most of them both countries have suffered severely from the terrorist acts and where only interested in further in this corporation people might use both diplomatically we caught up with them and legally that. and also on the line of the special

services and law enforcement agency and we'll do our best in this respect we'll do everything that depends on the russian federation. india and russia are. victims how. it is elected i know. of interest in working together. to. deal with this menace and the most important we missed is that we should cooperate in information sharing intelligence sharing and in devising affective tears strategies. to plan our tell me quote please. listen to this but then began to measure mr president mr mr prime minister when you go

this is they call us the voice of russians because the importance of a ship radio company with that you broadcast them both in russia and in india i think as far as i know we have great ratings and there but i would be depressed but we have been receiving letters from our listeners who say they would like to visit russia to study there or just like your view of the country. i have heard that an agreement was signed today regarding the facilitation of border crossing what groups of citizens does this agreement apply to and what. is in it for the citizens of russia and india. and i just well where very glad that russia's radio station stations are popular in india and that they attract listeners. and that is that on your shoes i would also like to say that. i was moved to the level of the business there are also opportunities in in russia

for people to win them for familiarize themselves with the indian culture and you know if you know very well how popular engine films are in russia i would like to know it's that country. that on the limb is perhaps the one of the biggest fans of mention culture of them can live and even our satellite t.v. channels already do what you. have russian packages have channels that broadcast television means the cinematography twenty four hours a day and we have started a country in the world as that would be russia. so there is a great attraction between india and russia and europe and russians we've also we're very glad to hear that these relations are growing old and usefulness and all the agreements for mutual facilitation of border crossing you've got of course said well in the middle of that. contributed exchange of delegations tourists.

to leverage the met by yes there will be more of a miracle national is that on the travel that's what you have assured more tourism of the battening between our countries and i hope that there's still given additional impetus to the human dialogue between our two countries with the plunge and right guard to be made to. this is for. me to meet with him to do the both sides have signed with him and so on i do about one person how does russia hope you'll be well positioned in future between india and russia in hydrocarbons. and i see a kind of more than well russia's feeling that you have got

a little discipline whether it was your. india i told mr prime minister today that same day is very to mitigate the comfortable part not for us you know hydrocarbon the spear of cooperation not only nuclear but i generally cooperation you've got that where we have made great progress recently with that of them in but also in the hydrocarbon sphere with you in the. studio and. we have made good progress tangible progress on some projects such as the cycling one. and just today earl of an operation was silent between i enjoy the sea and rushes to look at it but that russia is a company representing private businesses here the systemic group the elements to it that the removal. of i think this can also be viewed as a sign of the productive unfruitful cooperation with more than. just because you with that so we're looking at the prospects of this cooperation of confidence and optimism thank you the media in connection old crossbill close thank you.

thank you so much. hardcopies joined state we had that was a media conference with the russian and indian leaders as a met in new delhi and there for more on this we're joined now by ortiz arun singer karen and just to ask you really i mean what's been the main focus of to me to my bed is a visit to india. well the main focus has obviously been the traditional areas of. defense and nuclear but both sides of talked about new areas they have described the talks as comprehensive and result oriented sign then agreements today they're expected to sign another twenty in the next day or so. and the agreements that they sign to be primarily on the expansion of the oil and gas relationship

they also signed agreements on pharma and information technology these are areas where traditionally russia and india haven't cooperated much not much investment on both sides but clearly they want to push pharma and the information technology sector there's also been an agreement for simplification of visas and this has been a longstanding demand of the business community of both sides to simplify. rules and regulations and obviously as president would have said in the press conference that it was also the tourism and the exchange of. cultural exchanges he did talk about her bollywood and the fact that indian culture is very popular in russia. overall this as prime minister singh clearly spelled out this relationship between russia and india is a source of stability not just in this region but in the world and will take the.