The two leaders exchanged memorandums during Friday’s briefing, outlining mutual objectives in areas including trade and agriculture.<\/p>\n
Modi announced two new 30-day visa schemes for Russian tourists visiting India, and said that two new Indian consulates had opened in Russia.<\/p>\n
Russia Today, a Kremlin-funded, state-controlled TV network, would also be launched in India, the prime minister said.<\/p>\n
No major defence deals were announced, but the two men said there were agreements signed on shipbuilding, investments in civil nuclear energy and critical minerals.<\/p>\n
India and Russia also agreed on an economic programme valid until 2030, the leaders said, spanning jobs, shipping and the health industry.<\/p>\n
Putin said he was confident about increasing current bilateral trade from $60bn to $100bn in the coming years.<\/p>\n
Modi said that “energy security has been a strong and important pillar of the India-Russia partnership”, but made no specific reference to oil.<\/p>\n
India – the world’s third largest consumer of crude oil – has been buying large volumes from Russia since the Kremlin’s full-scale invasion of Ukraine in 2022.<\/p>\n
But some Indian firms have already started reducing oil imports from Russia to comply with US sanctions.<\/p>\n
Putin also referenced a “flagship project”: building India’s largest nuclear power plant, that he said Moscow would help with.<\/p>\n
In a joint statement released after their meeting, the leaders said their partnership was being “reoriented toward joint research and development, as well as the production of advanced defence platforms”.<\/p>\n
Putin added that he and Modi were cooperating on foreign policy, with their coalition of Brics countries promoting a “more just” and “multi-polar” world. <\/p>\n
Brics is an informal alliance of several major developing countries – including India, Russia, China, Brazil and South Africa – which formed in 2006, broadly to challenge the political and economic power of North America and Western European nations.<\/p>\n","protected":false},"excerpt":{"rendered":"The two leaders exchanged memorandums during Friday’s briefing, outlining mutual objectives in areas including trade and agriculture. Modi…\n","protected":false},"author":2,"featured_media":613844,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7655],"tags":[332],"class_list":{"0":"post-613843","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-russia","8":"tag-russia"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115667101553413503","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/613843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=613843"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/613843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/613844"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=613843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=613843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=613843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}