Russian President Vladimir Putin and Prime Minister Narendra Modi have agreed on an economic cooperation programme to expand trade “in a balanced manner” till 2030, with greater exports from India, while fast-tracking a proposed free trade deal and an investment treaty.

The two leaders, in a joint statement on Friday following their summit meeting, stuck to the revised bilateral trade target of $100 billion by 2030, up from $68.7 billion in FY25, despite US’ tariff pressure on India to distance itself from Moscow.

Putin assured that Russia could keep up a continuous flow of crude to India, notwithstanding the West’s sanctions on the top Russian oil companies Rosneft and Lukoil.

“Energy security has been a strong and vital pillar of the India-Russia partnership,” Modi said, but he did no

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