Russian President Putin has announced the strengthening of relations with India. He stated that Russia will now purchase more agricultural products, medicines, and other goods from India to improve the trade balance. Putin praised India's foreign policy and its commitment to friendship despite pressure from the US.
India Russia relations: Russian President Vladimir Putin has signaled a further strengthening of economic and strategic ties between India and Russia. Speaking at the Valdai Discussion Club in Sochi, he announced his visit to India in December and stated that Russia plans to buy more agricultural products, medicines, and other goods from India to improve the trade balance between the two countries. Putin also lauded India's policy of purchasing oil from Russia despite pressure from the US.
Enthusiasm for India Visit
Putin clarified that he is excited about visiting India early this December. He stated that the purpose of this visit is to further strengthen cooperation and trade balance between the two countries. Additionally, Putin instructed the Russian government to reduce the trade imbalance with India.
Putin explained that India currently buys large quantities of cheap crude oil from Russia, but in return, Russia imports fewer goods from India. To address this imbalance, Russia is now planning to purchase more agricultural products, medicines, and other items from India. He emphasized that balancing trade between the two countries will further strengthen economic ties.
Strength of India-Russia Relations
Putin stated that there has never been any dispute or tension between India and Russia. He recalled that Russia (then the Soviet Union) has been a reliable partner of India since its struggle for independence. He also added that India has never forgotten Russia's assistance, and today, a b relationship of understanding and trust continues to exist between the two countries.
Trust in Prime Minister Modi
Putin referred to Indian Prime Minister Narendra Modi as his friend. He described the government led by Modi as balanced, sensible, and working in the nation's interest. Putin emphasized the importance of political, economic, and strategic cooperation between India and Russia.
India's Friendship Despite US Pressure
Putin commended India for continuing to purchase oil from Russia despite immense pressure from the United States. He stated that this decision by India not only brought economic benefits but also strengthened its image as an independent and sovereign nation. Putin described it as a bold and farsighted step by India.
Russia's New Purchase Plans
Putin stated that Russia now intends to purchase larger quantities of grains, fruits, vegetables, and medicines from India. He acknowledged that there are several challenges in India-Russia trade, such as payments and logistics. Nevertheless, he expressed confidence that by resolving these issues, economic ties between the two countries can be further strengthened.
Putin mentioned that India and Russia are partners on many international issues. Both countries collaborate on global platforms, which helps maintain stability and balance in international policies. He also added that cooperation between India and Russia in the fields of defense and science will be further enhanced.
