Russia’s Putin seeks to boost energy, defence exports with India visit
Summary
Russian President Vladimir Putin visits India to strengthen energy and defence ties, focusing on oil sales, missile systems, and fighter jets amid US sanctions pressures.
Key Points
- Russian President Vladimir Putin begins a two-day visit to India to promote energy and defence exports.
- India has been a top buyer of Russian arms and seaborne oil despite Western sanctions after the Ukraine invasion.
- India's crude imports from Russia are hitting a three-year low due to tightening sanctions and increased US oil purchases.
- Discussions include new arms deals, energy cooperation, and potential restoration of India’s stake in Sakhalin-1 project.
