India and Russia Strengthen Ties Ahead of Upcoming Summit

Finance Minister Nirmala Sitharaman met with Denis Manturov, the First Deputy Prime Minister of Russia, to discuss key issues such as investment and banking. As both nations prepare for the 23rd India-Russia Annual Summit on December 5, 2025, they express optimism for fruitful outcomes. President Vladimir Putin's visit aims to strengthen the longstanding partnership between India and Russia, focusing on defense relations and trade security amidst changing geopolitical dynamics. The discussions are expected to yield several agreements, highlighting the importance of this meeting in the context of evolving international relations.
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India and Russia Strengthen Ties Ahead of Upcoming Summit

Strengthening India-Russia Relations

On Thursday, Finance Minister Nirmala Sitharaman engaged in discussions with a delegation led by Denis Manturov, the First Deputy Prime Minister of Russia. The talks focused on various topics of mutual interest, including investment, banking, and finance. The Finance Ministry shared on social media that both nations are optimistic about achieving significant outcomes at the upcoming 23rd India-Russia Annual Summit scheduled for December 5, 2025.


Support for BRICS Presidency

The ministry also noted that Manturov expressed strong support for India's upcoming presidency of the BRICS group. Russian President Vladimir Putin arrived in New Delhi on Thursday evening for a two-day visit, during which he will participate in the summit alongside Prime Minister Narendra Modi.


Strengthening Long-Standing Partnership

Putin's visit aims to further solidify the nearly eight-decade-long partnership between India and Russia, which has remained stable despite complex geopolitical challenges. Prime Minister Modi welcomed President Putin at the airport and is set to host a private dinner for him this evening to foster a conducive atmosphere for the summit discussions.


Key Discussion Points

The upcoming talks between the two leaders will primarily focus on enhancing defense relations, safeguarding India-Russia trade from external pressures, and exploring collaboration in small modular plants. This meeting is particularly significant given the backdrop of deteriorating India-U.S. relations, and it is expected that several agreements will be reached, including in trade sectors.


Official Announcement