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Putin, Vladimir

India-Russia Ties Remain Strong Amidst US Pressure on Oil Purchase

Strategic Insights

— 1 min read

Indian Prime Minister Narendra Modi and Russian President Vladimir Putin showcased their strong bond at the SCO summit, with Modi spending more time with Putin than with any other leader. In their bilateral meeting, Modi reiterated his support for peacemaking efforts in Ukraine and expressed satisfaction with the growth in bilateral ties in economic, financial, and energy sectors. Putin emphasized the continuation of multifaceted Russia-India ties and vowed to coordinate efforts on global forums.

Key Takeaways:

  • Modi and Putin spent a significant amount of time together, including a carpool ride, a 45-minute wait, and an hour-long bilateral meeting, showcasing their strong personal bond.
  • Modi reiterated his support for peacemaking efforts in Ukraine and expressed satisfaction with the growth in bilateral ties in economic, financial, and energy sectors.
  • Putin emphasized the continuation of multifaceted Russia-India ties and vowed to coordinate efforts on global forums like the UN, BRICS, G20, and SCO.
  • The two leaders reaffirmed their support for strengthening the Special and Privileged Strategic Partnership between their countries.
  • Modi invited Putin to the 23rd annual India-Russia Summit in December, which will be hosted by India.
  • Tensions arose as the US imposed an additional 25% tariff on India for its procurement of crude from Russia, with top US officials accusing India of bankrolling Russia's war machine.

Statistics:

  • India's population eagerly awaits Putin's visit, with Modi stating that 140 crore Indians are waiting to welcome him.
  • The Russia-India annual summit will take place in December.
  • The US has imposed an additional 25% tariff on India for its procurement of crude from Russia.
  • The Russian and Indian delegations spent 45 minutes in the car waiting for the bilateral meeting to start.
  • Putin's luxury sedan, Aurus Senat, had a special significance in their carpool ride.

Sources:

  • The Times of India
  • Official Indian government readout
  • Statement from Putin's press secretary Dmitry Peskov

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