India-Russia Bilateral Cooperation

On 24th August 2026, India’s External Affairs Minister met Russian President Vladimir Putin in Moscow to strengthen bilateral cooperation.

Key Points

Economic Cooperation: Both sides discussed expanding bilateral trade, investment and economic cooperation.
Energy Partnership: Energy, fertilizers and nuclear cooperation remained important areas of bilateral engagement.
Fertilizer Supplies: Putin offered to increase fertilizer supplies to India to support Indian agriculture.
Trade Target: India and Russia aim to achieve $100 billion bilateral trade by 2030.
Trade Barriers: India stressed improving market access and removing tariff and non-tariff barriers.
Payment Mechanisms: Both sides discussed strengthening payment systems to facilitate bilateral trade.