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3mo ago

Putin to Visit India Dec. 4–5 to Push Oil, Arms and a Sanctions‑Resilient Trade Framework

The trip tests India’s strategic autonomy under U.S. tariff pressure.

It will be an opportunity for India to reassert its strategic autonomy by revitalising defence and economic ties with Russia, especially as there are indications that the two sides are close to big-ticket outcomes in areas ranging from military hardware to civil nuclear cooperation (via REUTERS)
Russian President Vladimir Putin and Indian Prime Minister Narendra Modi attend a meeting on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Tianjin, China, September 1, 2025. Sputnik/Vladimir Smirnov/Pool via REUTERS
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Overview

  • Russia will send a high‑level delegation including the chiefs of Sberbank, Rosoboronexport, Rosneft and GazpromNeft, according to Reuters.
  • New agreements are expected for signature as the Kremlin touts a $100 billion trade goal by 2030 and urges more payments in national currencies to shield commerce from sanctions.
  • With Indian imports of Russian crude set to hit a three‑year low, Moscow plans to pitch expanded oil sales and request help sourcing spares and equipment, while India is likely to seek restoration of ONGC Videsh’s 20% Sakhalin‑1 stake.
  • India intends to keep defence cooperation for spares and upkeep of Russian‑origin systems; talks are expected on additional S‑400 units and Russia’s proposed Su‑57 fighter, with no purchase decision yet.
  • Rosatom’s chief will present an offer on small modular reactors, officials say, alongside a finalized labour‑mobility pact, active India–EAEU FTA talks, and a business forum to boost Indian exports.