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Russia Advancing Long-Term Economic Ties With India, Key Partners: Putin

Russia Advancing Long-Term Economic Ties With India, Key Partners: Putin

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Speaking at the St Petersburg International Economic Forum's plenary session, Putin announced that Moscow is advancing long-term economic cooperation plans with its key partners, including India.

Moscow:

 Russian President Vladimir Putin on Friday said Moscow's action plan for long-term cooperation till 2030 with India should be finalised shortly.

Speaking at the St Petersburg International Economic Forum's plenary session, Putin announced that Moscow is advancing long-term economic cooperation plans with its key partners, including India.

"Let me remind you that we agreed to prepare long-term cooperation plans with key partners," Putin said while emphasising that "action plans, including those with countries like India, should be completed shortly." "We have already set a goal to boost oil and gas exports. To achieve this, we will develop relations with partners, remove trade barriers, explore new market niches, build infrastructure, and deepen investment cooperation," he said.

The St Petersburg International Economic Forum (SPIEF) 2025 often dubbed as 'Russian Davos' this year has the theme "Shared Values: The Foundation of Growth in a Multipolar World." Putin denied that China and Russia are forming a new multipolar world order.

"A new world order is emerging naturally, like the rising sun. There's no way to halt it, our role is to formalise this process and facilitate it, ensuring it develops in a more balanced way that aligns with the interests of the vast majority of nations," Putin said.

India at the SPIEF was represented by the Union Minister for Railways, Information and Broadcasting, and Electronics and IT, Ashwini Vaishnaw.

Mr Vaishnaw, who is also the minister for Information and Broadcasting, delivered keynote addresses at two significant sessions.

Speaking at a session 'The Future of Artificial Intelligence', he highlighted India's advancements in AI and its vision for ethical and inclusive technological growth.

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