India and Russia are actively engaged in discussions concerning the upcoming G20 Summit and the expansion of BRICS, alongside strengthening bilateral trade relations. Recent talks between the leaders focused on reviewing progress across various aspects of bilateral cooperation and exchanging perspectives on pressing regional and global matters of shared interest. Get the latest information on India Russia Trade and explore latest deal resources related to bilateraltrade agreementbetween them. Ver más Russia and India agreed to continue joint efforts aimed at ensuring continuity and consolidation of BRICS cooperation, seamless integration of new members in BRICS.
India, Russia Focus on G20 Summit and BRICS Expansion
President Vladimir Putin recently discussed bilateral ties with Indian Prime Minister Narendra Modi via phone, covering topics such as trade, energy, and space cooperation. This conversation underscores the deepening ties between the two nations, particularly within the context of the G20 Summit in New Delhi, where Russia will be represented by its foreign minister, as confirmed by President Putin during the call with Prime Minister Modi.
Boosting Bilateral Trade Between India and Russia
The strengthening of bilateral trade is a key focus, with ongoing efforts to increase trade volume and diversify trade areas. India and Russia are exploring opportunities to expand their economic partnership, including collaborations in energy, technology, and other sectors. India and Russia deepen trade and energy ties in BRICS while navigating challenges from China’s influence and evolving global power dynamics.
BRICS Expansion and Alternative Financial Systems
The discussions also highlighted the importance of the BRICS economic forum and its potential expansion. India also pushed for the need to develop a BRICS-centric financial system, an alternate currency to the US dollar and ways to ensure that maximum trade between.
These ongoing dialogues demonstrate the commitment of both India and Russia to strengthening their partnership and addressing key global challenges together, including through platforms like the G20 and BRICS.