Putin and Modi held talks and announce expansion of Russia-India trade ties amid US pressure
Summary
Russian President Vladimir Putin and Indian Prime Minister Narendra Modi agreed to expand economic cooperation and boost annual trade to $100 billion by 2030, enhancing energy and defense ties amid US pressure.
Key Points
- Putin and Modi agreed to a Russia-India economic cooperation program until 2030 to boost annual trade to $100 billion.
- They plan to establish a free trade zone between India and the Eurasian Economic Union to increase trade.
- The two leaders emphasized strong energy ties and continued civil nuclear cooperation.
- India seeks faster delivery of Russian S-400 missiles and greater defense manufacturing collaboration.