India-Russia pledge economic cooperation till 2030, stand together against terrorism
What's the story
Prime Minister Narendra Modi, in a joint press conference with Russian President Vladimir Putin, announced an increase in economic cooperation between India and Russia until 2030. Calling economic cooperation "our priority," Modi said, "Over the past eight decades, the world has witnessed numerous ups and downs. Humanity has had to pass through many challenges and crises. And amidst all this, the India-Russia friendship has remained steadfast like a pole star."
Cooperation areas
Fight against terrorism
Modi also announced that India and Russia walk together in the fight against terrorism. "Whether it is the terrorist attack in Pahalgam or the cowardly attack on the Crocus City Hall, the root of all these incidents is the same. India's unwavering belief is that terrorism is a direct assault on the values of humanity and that global unity against it is our greatest strength. We will continue our dialogue and cooperation in all these forums," he said.
Agreements
Other announcements made
After a bilateral talk, the duo witnessed the signing of multiple agreements, spanning areas from fertilizers to food safety, defense, e-visa and shipping. India and Russia are also working toward the early conclusion of an FTA with the Eurasian Economic Union, Modi announced. Furthermore, the Indian PM announced launching a free 30-day e-tourist visa and a 30-day Group Tourist Visa for Russian citizens.
Putin
Working to build largest Indian nuclear plant
On the Russian side, Putin said that his country is working with its Indian partners to build new international transport routes, including the project to create North-South transport from Russia or Belarus to the Indian Ocean coast. "We are also working on a project to build the largest Indian nuclear plant. Three out of six reactors have already been connected to the energy network... " Putin announced.
Twitter Post
India-Russia bilateral trade grew by 12% last year
#WATCH | Delhi: Russian President Vladimir Putin says, "Last year, our bilateral trade turnover has grown by 12%, setting another record according to different data. This number may look different, but it is generally around 64 billion US dollars. Currently, we are forecasting… pic.twitter.com/TNbZBsFmpC
— ANI (@ANI) December 5, 2025
Oil
Russian oil supply to India continue
More importantly, the Russian leader said his country would continue "uninterrupted shipments" of fuel to India, not heeding the US's sanction threat over its oil trade. "Russia is a reliable supplier of oil, gas, coal, and everything that is required for the development of India's energy," Putin said, adding, "We are ready to continue uninterrupted shipments of fuel for the fast growing Indian economy."