NEW DELHI (PTI): The Indian Navy is looking at firming up a logistics support agreement with the Russian Navy, which will enable the use of each other's assets and bases and making joint operations more efficient.

Navy chief Admiral Sunil Lanba, addressing a press conference here, said a draft logistics support agreement was being prepared and it would be shared with Russia soon.

"We will take it forward from there," he said.

At present, India has logistics support pacts with the US and Singapore.

Officials said the pact will provide for a deeper naval cooperation, an increased engagement in the maritime security sphere, joint exercises and temporary deployments from each other's naval facilities.

India had inked the Logistics Exchange Memorandum of Agreement (LEMOA) with the US in 2016, while the pact with Singapore was signed last year.