Name: Putin visits India to revive oil and arms trade
Uploaded: 2025-12-05T07:52:02.371Z
Duration: 1 min 43 s
Description: Vladimir Putin is visiting India to strengthen economic ties and revive falling Indian imports of Russian oil and arms. The trip follows President Donald Trump’s 50% tariffs on Indian goods over its purchases of Russian oil, which hurt Indian exporters. India wants more balanced trade and greater market access, while Russia seeks new deals to bolster revenue for its war effort.

Vladimir Putin is visiting India to strengthen economic ties and revive falling Indian imports of Russian oil and arms. The trip follows President Donald Trump’s 50% tariffs on Indian goods over its purchases of Russian oil, which hurt Indian exporters. India wants more balanced trade and greater market access, while Russia seeks new deals to bolster revenue for its war effort.

Delhi

Russian President Vladimir Putin is visiting India for the first time since the Ukraine war began, aiming to boost economic relations as Russia faces international sanctions. Discussions with Prime Minister Narendra Modi are set to focus on increasing Indian exports to Russia and balancing the significant trade deficit between the two nations.

India is seeking expanded market access for its goods while also dealing with recent US tariffs imposed in response to its continued imports of discounted Russian oil. During the two-day visit, both sides are expected to negotiate new deals in energy and arms to address their respective economic and strategic needs.

Putin visits India to revive oil and arms trade

Russian President Vladimir Putin is headed for India for the first time since the beginning of the Ukraine war, hoping to boost economic ties between the countries as Russia is squeezed by sanctions. We will discuss the economic agenda in detail during our upcoming visit to India with Prime Minister Narendra Modi, including increased imports of Indian goods to our market. Modi is looking to balance trade between the two countries. In the 2024-2025 financial year, the countries reached $68.7 billion in bilateral trade. But Indian exports accounted for less than $5 billion. Delhi has been pressing Moscow for expanded market access in key industries, including pharmaceuticals, automobiles, and the service sector. But India is also looking for reassurance after being hit by US tariffs for its dealings The tariff imposed on India by USA has slightly unnerved us, unnerved us in many ways because many of the traditional exporters are now out of job. US President Donald Trump imposed 50% tariffs on Indian goods in August, as a retaliation against the country for continuing to purchase discounted Russian oil. Delhi claims these imports are crucial to meeting the energy needs of its 1.4 billion people. Even so, its imports of Russian oil have dipped. As Moscow looks to shore up financing for its war in Ukraine, Putin and his delegation are hoping to bring these numbers back up, proposing deals on Russian energy and arms over the two-day visit.

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