Putin and Modi Strengthen India-Russia Economic Ties Amid Global Tensions

During a recent visit to New Delhi, Russian President Vladimir Putin and Indian Prime Minister Narendra Modi reinforced economic ties between their nations, despite increasing international pressures, particularly from the West concerning Russia's actions in Ukraine.

Putin's trip marks his first visit to India since the Ukraine invasion began, showcasing India's intent to maintain its longstanding relationship with Russia. Modi personally welcomed Putin, and the two leaders discussed various economic agreements, including a commitment to uninterrupted shipments of Russian oil to India, which has become one of the largest buyers of Russian crude.

Putin assured that Russia is a reliable supplier of energy resources essential for India's growing economy. This meeting occurred against the backdrop of punitive tariffs imposed by the Trump administration on Indian imports of Russian oil.

Modi emphasized India's right to procure energy from any source, criticizing the U.S.'s double standards in energy purchases. Both leaders acknowledged the need to enhance bilateral trade, aiming for a target of $100 billion, while Modi expressed gratitude for Russia's support in energy security.

Additionally, they discussed joint manufacturing initiatives for defense equipment, which could further entrench India's military dependence on Russia, despite Western efforts to diversify India's arms procurement.

The discussions also touched on India's role in advocating for peace in Ukraine, with Modi acknowledging the conflict while reiterating India's commitment to a balanced foreign policy.