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Leveraging India as a key market and diplomatic partner under sanctions
On December 5, 2025, Russian President Vladimir Putin and Indian Prime Minister Narendra Modi met in New Delhi for the 23rd India–Russia Annual Summit and unveiled a 'Programme for Economic Cooperation' through 2030 aiming to boost annual trade to about $100 billion and diversify beyond oil and arms, including joint weapons production, a urea plant, agriculture, health, shipping, labor mobility, and a free trade agreement with the Eurasian Economic Union despite looming US sanctions.
Updated Feb 5
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