Overview
- Putin’s December 4–5 state visit produced 16 agreements spanning shipbuilding, critical minerals, logistics corridors, pharmaceuticals, civil nuclear cooperation and a labour mobility pact, alongside 30‑day visas for Russian travelers.
- A new Programme 2030 targets annual trade of $100 billion by 2030, with both sides advancing national‑currency settlements and work on interoperable payment, financial messaging and central bank digital currency platforms.
- Putin said Russia is ready to ensure uninterrupted fuel shipments to India, though there was no announcement of fresh discounts on crude.
- Defence ties emphasized sustainment and joint manufacturing rather than new big‑ticket purchases, and talks reaffirmed nuclear cooperation at Kudankulam and exploration of small modular reactors.
- Indian media report that officials are working on a potential visit by Ukraine’s President Volodymyr Zelensky as early as January 2026, reflecting India’s stated stance of being on the side of peace.