Modi, Putin discuss $100 billion trade target
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Modi, Putin discuss $100 billion trade target

The Hindu··11 Sept

Prime Minister Narendra Modi met Russian President Vladimir Putin in New Delhi on Friday for a 45-minute bilateral ahead of the BRICS summit. Sources said they discussed a $100 billion trade target by 2030 and civil nuclear cooperation. Modi gifted Putin a Russian Thirukkural translation. Putin also invited Modi for the 24th India-Russia Annual Summit.

Prism

What It Means For You

  • A $100 billion trade target by 2030 would reset the commercial scale of India-Russia ties discussed Friday.
  • Energy and fertiliser joint ventures were raised against West Asia supply chain disruption, sources said.
  • Putin’s accepted invitation for the 24th India-Russia Annual Summit leaves dates to diplomatic channels.

What's Happening

  • The bilateral ran Friday afternoon after Putin arrived as the first foreign dignitary for the BRICS summit.
  • Indian Express said the meeting lasted 45 minutes and began at 3.30 pm.
  • Trade between the countries was nearly $70 billion in FY25, that report said.

What The Talks Covered

  • Modi was accompanied by S. Jaishankar, Ajit Doval, Shaktikanta Das and Vikram Misri, The Hindu said.
  • The leaders also met on August 31 on the SCO sidelines in Bishkek.
  • Kremlin said main agreements are expected in the summit final document.
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