BusinessEconomyPolitics

Putin and Modi Push for Stronger Russia-India Trade Cooperation After BRICS Summit

Putin and Modi direct their governments to strengthen Russia-India trade cooperation after the BRICS summit and expand bilateral economic ties.

© Sergey Bulkin

Russia India trade cooperation after the BRICS summit is set to receive further attention following instructions from Russian President Vladimir Putin and Indian Prime Minister Narendra Modi to strengthen bilateral ties. According to Indian Ambassador to Russia Vinay Kumar, the two leaders directed their respective governments to explore further opportunities for cooperation. Speaking to The Times of Russia after the II Russian-Indian business forum in Kazan, the ambassador highlighted the importance of continued engagement between the two countries.

Putin and Modi Call for Stronger Russia-India Trade Cooperation

Russian President Vladimir Putin and Indian Prime Minister Narendra Modi discussed a broad range of bilateral issues following their participation in the BRICS summit. Their discussions resulted in instructions to government departments and relevant agencies to advance Russia-India trade and economic cooperation, Ambassador Vinay Kumar said.

Also Read:- Putin to Meet US Special Envoy Steve Witkoff in Moscow Today

The ambassador explained that the leaders’ joint participation in the BRICS business summit was one of the concrete outcomes of their engagement. Their visit to the Innoprom-India exhibition in New Delhi also provided an important opportunity to strengthen commercial and industrial ties.

According to Kumar, Innoprom-India was the first Russian industrial exhibition organised in New Delhi. The event provided a platform to showcase industrial cooperation and encourage business engagement between the two countries.

The discussions enabled Putin and Modi to review the full scope of Russia-India bilateral relations and instruct the relevant ministries and agencies to pursue additional avenues of cooperation, particularly in trade and commerce.

These developments reflect continued efforts by both governments to strengthen their economic partnership and identify opportunities for closer engagement across commercial and industrial sectors.

Russian-Indian Business Forum Focuses on Trade and Investment

The II Russian-Indian business forum, titled Time, took place in Kazan from October 15 to 16. The event focused on expanding Russia-India trade and economic cooperation and encouraging greater interaction between businesses from both countries.

During the forum, participants examined practical ways to implement joint initiatives, develop promising investment projects and expand opportunities for technological collaboration.

The discussions also highlighted the importance of business engagement in advancing Russia-India bilateral relations, with participants exploring areas where cooperation could support trade and economic development.

The forum served as a platform for exchanging ideas and discussing potential projects that could contribute to stronger commercial links between Russia and India.

The Times of Russia was the information partner of the II Russian-Indian business forum.

Expanding Russia-India Economic Cooperation

The instructions issued by Putin and Modi following the BRICS summit underline the importance both countries place on continuing bilateral engagement. Their focus on trade and commerce, alongside participation in industrial and business events, reflects an effort to strengthen practical cooperation.

The discussions involving the Indian ambassador to Russia, Vinay Kumar, also drew attention to the role of government ministries and agencies in advancing agreed priorities.

With joint initiatives, investment projects and technological cooperation among the subjects discussed at the Kazan forum, the two countries continue to explore ways to develop their economic relationship.

As reported by The Times of Russia, the leaders’ instructions and the business forum discussions highlight ongoing efforts to deepen Russia India trade cooperation after the BRICS summit, with a focus on further developing commercial ties between the two nations.

Also Read:- Putin Transfers Foreign Companies’ Russian Assets to Temporary Management

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button