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Vladimir Putin orders government to soften trade imbalance with India

Putin aims to reduce Russia-India trade imbalance by increasing Russian imports of Indian agricultural and pharmaceutical products, with trade turnover at $63 billion, officials said.

  • On October 2, 2025, Russian President Vladimir Putin addressed the Valdai forum in Sochi, highlighting Russia-India relations.
  • The Russian president emphasized that Moscow and New Delhi have maintained a harmonious relationship without any interstate conflicts, and he noted that their strategic partnership will soon celebrate 15 years.
  • He praised Indian Prime Minister Modi as a balanced and wise leader who would not yield to US pressure to cease Russian energy imports.
  • Putin stated that the impact of US-imposed tariffs on India could be offset by oil imports from Russia, while also highlighting the need to address challenges related to financing, logistics, and payment processes.
  • He ordered the Russian government to ease the trade imbalance by increasing purchases of Indian agricultural products and medicines, signaling closer economic cooperation ahead of his scheduled December visit to India.
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Russian President Vladimir Putin has reiterated his strong and special relationship with India. He stressed the need to increase exports from India and vowed to correct the trade imbalance between the two countries. This support from Russia is seen as crucial for India amid US tariffs.

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The Hindu broke the news in India on Friday, October 3, 2025.
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