Greaterkashmir iconGreaterkashmirSep 12, 2026 ~1 min source read

PM Modi, Putin push ties towards USD 100-billion trade

The meeting took place hours after Putin landed in New Delhi on a three-day visit to participate in the high-stakes BRICS summit. Following the talks, the two leaders travelled in the same car inside the Bharat Mandapam complex to reach the venue of a business forum.

PM Modi, Putin push ties towards USD 100-billion trade

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The meeting took place hours after Putin landed in New Delhi on a three-day visit to participate in the high-stakes BRICS summit.

Following the talks, the two leaders travelled in the same car inside the Bharat Mandapam complex to reach the venue of a business forum.

The two leaders also deliberated on ongoing cooperation in trade and investment, energy, and fertiliser security, among other areas.

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The meeting took place hours after Putin landed in New Delhi on a three-day visit to participate in the high-stakes BRICS summit. Following the talks, the two leaders travelled in the same car inside the Bharat Mandapam complex to reach the venue of a business forum. The two leaders also deliberated on ongoing cooperation in trade and investment, energy, and fertiliser security, among other areas.

How it works

  • Ways to boost trade and investment ties dominated the talks, with the Indian side pitching for greater market access for Indian exporters in Russia to address the ballooning trade deficit in Moscow's...
  • The two sides also deliberated on strategies to reach the ambitious bilateral trade target of USD 100 billion by 2030.

Details worth keeping

Prime Minister Narendra Modi on Friday held wide-ranging talks with Russian President Vladimir Putin, focusing on enhancing annual bilateral trade to USD 100 billion by 2030 and ramping up existing cooperation in areas such as defence, energy, critical minerals, and fertiliser supplies. It is understood that during the talks, Putin briefed Modi on the overall situation regarding the Ukraine war and ongoing peace initiatives, while Modi reiterated India's position on resolving the conflict through dialogue and diplomacy. The current annual trade volume stands at around USD 65 billion.

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