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46m ago

Putin Arrives in New Delhi for Two-Day Summit With Modi Focused on Defense, Trade and Energy

The visit centers on shielding bilateral commerce from U.S. pressure, with deals poised to advance defense supplies, national-currency payment options, labor mobility and a 2030 trade roadmap.

FILE - Russian President Vladimir Putin, left, and Indian Prime Minister Narendra Modi greet each other before their meeting in New Delhi, India, on Dec. 6, 2021. (AP Photo/Manish Swarup, File)
The annual India-Russia summit talks between PM Modi and Putin will take place on Friday.
PM Modi and Russian President Vladimir Putin travelled in the same car to Lok Kalyan Marg from Delhi's Palam airport.
FILE - Russian President Vladimir Putin, right, and Indian Prime Minister Narendra Modi examine a hall prior to the award ceremony of Narendra Modi with the Order of St. Andrew the Apostle the First-Called in the Kremlin in Moscow, Russia, on July 9, 2024. (AP Photo/Alexander Zemlianichenko, File)

Overview

  • Prime Minister Narendra Modi welcomed Vladimir Putin at the airport before hosting a private dinner, with a ceremonial reception and the 23rd annual summit scheduled for Friday.
  • India is set to push for faster delivery of remaining S-400 air-defense systems and will hear Russian pitches on Su-57 fighters, following groundwork talks between the two defense ministers.
  • Both sides are prioritizing mechanisms to protect trade from U.S. sanctions and tariffs, including alternative settlement arrangements using national currencies to stabilize flows.
  • Agreements expected on this visit include a mobility pact for Indian workers, a long-term economic cooperation program through 2030 and steps to rebalance trade toward a $100 billion target.
  • Energy and media initiatives are on the agenda, with discussions on Russian oil supplies and the planned launch of an RT India channel; Russia’s State Duma has also ratified the RELOS logistics pact.