PM Modi with Russian President Vladimir Putin.
india
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Moneycontrol05-12-2025, 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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