India-Russia Sign Landmark Urea Deal for Farmers, Strategic Gain

• India and Russia signed multiple agreements at the 23rd Annual Summit, covering defense, trade, economy, healthcare, education, culture, media, and agriculture.
• A significant agreement involves joint production of urea in Russia, directly benefiting Indian farmers and addressing fertilizer shortages.
• Indian public companies (RCF, NFL, IPL) will collaborate with Russian firms to utilize Russia's natural gas and ammonia for urea production.
• This strategic partnership aims to secure India's fertilizer supply, reduce import dependence, and protect against global price volatility.
• Both nations also adopted a long-term program for economic cooperation until 2030, focusing on trade, energy, infrastructure, and technology.

Why It Matters: India-Russia urea deal secures vital fertilizer supply for Indian farmers.