- BRICS utilized its platform for global economic resilience and deepening strategic partnership.
- Russia advances its agenda within the BRICS framework, focusing on strengthening bilateral partnerships and strategic cooperation.
India and Russia Target $100 Billion Trade as BRICS Partnership Deepens
- Reports
- 120
- Developments
- 15
- Repetition
- 88%
New informationRepeats or wire copies
What happened
Prime Minister Narendra Modi and Vladimir Putin directed their governments to expand bilateral cooperation between India and Russia. The leaders set a goal to increase bilateral trade to USD 100 billion and two-way investment to USD 50 billion by 2030. Furthermore, India aims to supply Russia with skilled workers, which would account for 25 to 30 per cent of Russia's foreign worker quota.
From deccanchronicle.com
Why it matters
These agreements reinforce the strategic partnership between India and Russia. The cooperation occurs within the BRICS framework, which is focused on strengthening bilateral partnerships and promoting global economic resilience.
Russia is advancing its agenda within the BRICS framework, focusing on strengthening bilateral partnerships and strategic cooperation.
Who's involved
- IndiaPartner in the strategic partnership with Russia, aiming to supply skilled personnel.
- Vladimir PutinRussian President who praised India's contribution to the strategic partnership.
- Government of RussiaHighest federal executive body directed to expand cooperation with India.
- BRICSIntergovernmental bloc where India and Russia are deepening strategic and economic ties.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- IndiaSpeculative
India might see increased revenue from bilateral trade and skilled worker supply to Russia.
- Government of RussiaSpeculative
The Government of Russia could see an increased supply of skilled personnel from India.
- BRICSSpeculative
BRICS may see strengthened collective economic strength through increased bilateral trade among member states.
How it developed
Newest first. Tap a step to see who reported it.Leaders agreed to expand cooperation and aim for $100B trade between India and Russia.1 source
SACCI calls for institutionalization of BRICS during India's presidency.1 source
India seeks multipolar order via BRICS, complicated by India-China border disputes and reliance on Russia.1 source
BRICS seeks to mobilize private-sector funding and strengthens its strategic partnership with India and Russia.1 source
- Putin has highlighted the strength of the strategic partnership between Russia and India, noting increased supplies and shared technological solutions.Sub-event
Putin highlighted BRICS' growing economic influence compared to the G7.1 source
India asserted its national interests by resisting Western pressure and promoting BRICS.1 source
India and Russia deepened military cooperation, with Putin praising India's strategic autonomy.1 source
Show 7 earlier steps
Former Army Chief discusses India's foreign policy on strategic autonomy and bloc alignment.1 source
Putin affirmed close, non-political cooperation with India, praising its IT and software sector.1 source
Putin defends India's sovereignty against US tariffs and external pressure.1 source
BRICS bloc overtook G7 in economic volume, confirming India's key partnership role.1 source
India gains key partner status in BRICS, backed by Putin's support for strategic autonomy.1 source
India and Russia strengthen strategic partnership within the BRICS framework.1 source
Leaders strengthened strategic partnership while discussing conflicts impacting Indian seafarers.1 source
Keep exploring
The entities involved
- India
-
BRICS
association of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates
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Vladimir Putin
2nd and 4th President of Russia (2000-2008, 2012-present), 7th and 11th Prime Minister of Russia (1999-2000, 2008-2012), Director of the Federal Security Service (1998-1999) and Deputy Mayor of Saint Petersburg (1994-1996)
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Government of Russia
highest federal executive body in the Russian Federation, headed by the Prime Minister
Nothing else this week.
Related events
- India prepares specialists for Russian industry needs during the BRICS summit, while Kumar shared information in an interview with TASS.
- India is deepening cooperation across global regions and conducting high-level diplomatic engagements in Europe.
- The BRICS summit hosted by India involved discussions with the UAE, complicated by external pressures from Donald Trump's deals.
- The BRICS bloc was founded in 2013 with aims to partner with Africa for development, involving South Africa and Jacob Zuma.
- During the BRICS summit hosted by India, India reiterated support for a two-state solution and expanded strategic ties with Israel, while also holding talks with Iran.
Coverage
Newest first; wire copies grouped- deccanchronicle.com
- prokerala.com
- freepressjournal.in
- aninews.in
- thehindu.com
- prokerala.com
- freepressjournal.in
- oneindia.com
- pakistantoday.com.pk
- kenyastar.com
- prokerala.com
- aninews.in
- aninews.in
- sputnikglobe.com
- indiatimes.com
- indiatimes.com
- aninews.in
- dailyexcelsior.com
- newsx.com
- orissapost.com
- thehindu.com
- presstv.co.uk
- chinatechnews.com
- indiatimes.com
- globalsecurity.org
- today.az
- indiagazette.com
- aninews.in
- indiablooms.com
- en.people.cn
- indiatimes.com
- udaipurkiran.com
- europesun.com
- bignewsnetwork.com
- orlandoecho.com
- austinglobe.com
- newkerala.com
- middleeaststar.com
- hindustantimes.com
- indiatvnews.com
- indiatimes.com
- russiaherald.com
- batonrougepost.com
- laosnews.net
- brazilsun.com
- heraldglobe.com
- middleeaststar.com
- bignewsnetwork.com
72 more outlets ran the same wire story
- dailyexcelsior.com
- idrw.org
- orissapost.com
- business-standard.com
- newindianexpress.com
- thehindu.com
- thehindubusinessline.com
- moneycontrol.com
- indiatimes.com
- ianslive.in
- kyivpost.com
- rediff.com
- calcuttanews.net
- aninews.in
- hindustantimes.com
- aninews.in
- chinanationalnews.com
- ianslive.in
- iraqsun.com
- calcuttanews.net
- russiaherald.com
- dailyexcelsior.com
- business-standard.com
- theuknews.com
- africaleader.com
- moneycontrol.com
- thehindu.com
- indiagazette.com
- newindianexpress.com
- rediff.com
- tribuneindia.com
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- taiwansun.com
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- bignewsnetwork.com
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- europesun.com
- brazilsun.com
- morungexpress.com
- livemint.com
- deccanchronicle.com
- shanghaisun.com
- newindianexpress.com
- tribune.com.pk
- ugandaonline.net
- russiaherald.com
- calcuttanews.net
- calcuttanews.net
- russiaherald.com
- bignewsnetwork.com
- english.pravda.ru
- batonrougepost.com
- indiatimes.com
- indiatimes.com
- thehindu.com
- newstodaynet.com
- freepressjournal.in
- deccanchronicle.com
- aninews.in
- dailypioneer.com
- dailyexcelsior.com
- chennaionline.com
- dailypioneer.com
- europesun.com
- calcuttanews.net
- heraldglobe.com
- austinglobe.com
- russiaherald.com
- kenyastar.com
- idrw.org
- bignewsnetwork.com