Image Source: The Moscow Times
On August 21, 2025, Russian President Vladimir Putin held a significant meeting in Moscow with India's External Affairs Minister, Subrahmanyam Jaishankar. This high-profile diplomatic engagement highlights Moscow and New Delhi’s continuing strategic partnership and unfolds against the backdrop of mounting trade tensions with the United States. The meeting was part of a broader visit by Jaishankar to Russia aimed at consolidating bilateral ties, expanding economic cooperation, and preparing for Putin's anticipated year-end visit to India.
Key Highlights from the Putin-Jaishankar Summit
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The meeting took place at the Kremlin, attended by Russian Foreign Minister Sergey Lavrov, First Deputy Prime Minister Denis Manturov, who also co-chairs the India-Russia Intergovernmental Commission, and Indian Ambassador to Russia Vinay Kumar.
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Discussions focused extensively on deepening bilateral trade and economic cooperation, with special attention to safeguarding energy partnerships amid US sanctions and tariffs.
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Jaishankar firmly rebutted US tariffs targeting Indian imports and oil purchases from Russia, emphasizing that India’s energy procurement is based on national interest and market dynamics.
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The leaders reviewed existing political ties and mapped strategies to enhance cooperation in sectors such as transport, logistics, banking, financial services, energy, agriculture, science, technology, and cultural exchanges.
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Preparation for the 2025 India-Russia annual summit was a significant agenda item, aiming to advance the "special and privileged strategic partnership" both countries share.
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Both sides underscored their commitment to expanding trade in a balanced and sustainable manner and agreed on the need to remove non-tariff barriers adversely affecting Indian exports, particularly in agriculture, pharmaceuticals, and textiles.
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Counter-terrorism cooperation and maintaining stable geopolitical relations amid global uncertainties were also on the table, reaffirming India’s zero-tolerance policy on terrorism and the importance of dialogue and diplomacy in global conflict resolution.
Context and Significance of the Meeting
This meeting is set against a complex geopolitical and economic backdrop, primarily shaped by the US’s imposition of hefty tariffs on Indian goods. The Trump administration recently enacted a 25% reciprocal tariff on Indian exports alongside an additional 25% duty directly linked to India’s imports of Russian oil. The United States has criticized India for buying discounted Russian crude, suggesting it fuels the conflict in Ukraine, a charge India rejects robustly.
Jaishankar’s visit and engagement with Putin and Lavrov send a clear diplomatic message emphasizing the resilience and depth of India-Russia relations. India stands as the second-largest purchaser of Russian oil after China but continues to assert its sovereign right to energy choices irrespective of external pressure.
Expanding Economic and Strategic Partnerships
The talks highlighted efforts to increase the use of national currencies in bilateral settlements and to build logistics and financial chains resistant to external disruptions. The International North-South Transport Corridor (INSTC) project, aimed at boosting connectivity and trade between the two countries, received positive endorsement.
India’s External Affairs Minister also emphasized rectifying trade imbalances through enhancing Indian exports to Russia, focusing on sectors like agriculture and textiles while calling for the swift removal of regulatory barriers.
Preparations for Putin’s visit to India later this year underline the importance both countries attach to their long-standing partnership which dates back decades and has endured various global challenges. The meeting reaffirmed mutual commitments to cooperation in defense, science and technology, cultural exchange, and coordinated stances on global governance and security issues, including the situation in Ukraine, West Asia, and Afghanistan.
Conclusion
The August 21 meeting between Vladimir Putin and S Jaishankar stands as a testament to the enduring and evolving nature of India-Russia partnership. As the world navigates shifting geopolitical terrain marked by US sanctions and global conflicts, Moscow and New Delhi continue to carve out a cooperative path emphasizing strategic autonomy, economic resilience, and diplomatic engagement. This meeting not only consolidates existing ties but also sets the stage for further expansion of bilateral cooperation in multiple domains by year-end 2025.
Source: TASS, NDTV, The New Indian Express, The Kremlin
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