India–Russia Annual Summit Reinforces Strategic Cooperation Across Defence, Energy, and Trade
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The 23rd India–Russia Annual Summit marks another significant milestone in the long-standing diplomatic and strategic partnership between the two nations. With Prime Minister Narendra Modi leading the Indian delegation and President Vladimir Putin representing Russia, the summit placed strong emphasis on a multi-dimensional cooperation agenda, spanning defence, energy, nuclear collaboration, space technology, and economic expansion. The meeting comes at a time when global geopolitical shifts continue to reshape strategic alignments, making India–Russia engagement crucial for regional and global stability. Bilateral Trade Reaches $68.7 Billion, Target Set at $100 Billion by 2030 One of the central highlights of the summit was the robust performance of bilateral trade. Last year, India–Russia trade volumes touched $68.7 billion, driven primarily by energy imports—particularly crude oil, where Russia has emerged as India’s leading supplier. The leaders reiterated their shared amb...