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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Russia to boost imports of Indian agri products, medicines to soften trade imbalance: Putin
The Russian President said that India's losses from punitive US tariffs would be offset by its energy trade with Russia..Russia India trade, Putin India relations, India Russia oil imports, Reduce trade imbalance Russia India, India Russia economic cooperation, Agricultural imports Russia from India, Pharmaceutical imports Russia from India, India Russia strategic partnership, Putin Modi relationship, US tariffs impact India, AI development Russ…
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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