Putin's India Visit: Economic Pact, Uninterrupted Fuel Assured

india
M
Moneycontrol•05-12-2025, 18:49
Putin's India Visit: Economic Pact, Uninterrupted Fuel Assured
- •Putin and Modi held the 23rd India-Russia annual summit, unveiling an Economic Cooperation Programme till 2030.
- •Multiple agreements were signed across sectors including fuel, trade, health, visas, and maritime logistics.
- •Russia assured India of uninterrupted fuel shipments and discussed new international logistics routes and nuclear cooperation.
- •India will offer free 30-day e-tourist and group visas for Russian citizens to boost tourism.
- •Both nations aim to surpass $100 billion bilateral trade before 2030 and explore an FTA with the Eurasian Economic Union.
Why It Matters: India-Russia agreements secure fuel, boost trade, and deepen strategic ties.
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