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Modi, Russia’s Patrushev Advance Agri Ties, Float BRICS Grain Exchange Idea at World Food India

The talks used the World Food India forum to translate rising agri trade into concrete partnerships.

Overview

  • Prime Minister Narendra Modi met Russian Deputy Prime Minister Dmitry Patrushev in New Delhi and discussed expanded cooperation in agriculture, fertilizers and food processing.
  • Modi conveyed greetings to President Vladimir Putin and said he looks forward to welcoming him for the 23rd IndiaRussia Annual Summit later this year.
  • The Russian Embassy said the sides raised the idea of a BRICS Grain Exchange to boost agricultural trade and reviewed ongoing work toward an IndiaEurasian Economic Union free trade agreement.
  • Patrushev led a large Russian delegation to the event, with discussions reported to focus on joint ventures that move the relationship beyond a simple buyer–seller model.
  • Industry figures cited by Russia’s fertilizer association show exports to India up 20% to 2.5 million tonnes in the first half, reaching a record 33% share of India’s fertilizer imports.