INDIAN Prime Minister Narendra Modi and Russian President Vladimir Putin adopted a joint statement following their talks in New Delhi. Indian Prime Minister Narendra Modi said that Russian President Vladimir Putin laid the foundation for the strategic partnership between Russia and India 25 years ago. Modi praised Putin’s capable leadership, noting that it has significantly contributed to the development of bilateral relations and played a special role in strengthening ties between the two countries.
The Indian prime minister thanked Putin for his tireless commitment to working with India, emphasizing that relations between Russia and India are rooted in mutual respect and deep trust.
He added that Russia and India are now elevating their cooperation to a new level and have agreed on a programme of economic cooperation extending until 2030. Narendra Modi stated that the Russia–India Business Forum will play a key role in strengthening business ties between the two countries. He also emphasized that cooperation in the field of fertilizers is especially important, noting its direct impact on food security.
Modi highlighted that Russia and India are actively working towards the conclusion of a free trade agreement between the Eurasian Economic Union and India, calling it a major step towards expanding economic partnership and creating new opportunities for both sides.
Putin added that Russia and India thoroughly examined the entire spectrum of their multifaceted cooperation, underscoring the depth and strategic importance of the partnership.
Vladimir Putin described the package of agreements signed after the Russia–India talks as “solid”, noting that each of them is aimed at expanding bilateral economic cooperation.
He confirmed that Russia and India have agreed on a comprehensive programme of economic cooperation extending until 2030. Putin emphasized that Russia and India are important partners in trade, investment, and technology, and highlighted the rapid shift to national currencies in mutual settlements — which now account for 96 per cent of transactions. He added that sustainable interbank cooperation channels between the two countries have already been established.
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