- Putin says the India-Russia long-term economic plan will be finalised soon.
- Ashwini Vaishnaw represents India at SPIEF, highlighting tech and infrastructure ties.
- Talks focused on AI, transport, energy, and digital transformation cooperation.
At the St. Petersburg International Economic Forum 2025, Russian President Vladimir Putin confirmed that Moscow is close to finalising a 2030 action plan for economic cooperation with India.
India’s presence at SPIEF was marked by high-level engagement, with Minister Ashwini Vaishnaw delivering keynote addresses on artificial intelligence and economic collaboration.
India and Russia Deepen Strategic Economic Ties with 2030 Vision in Sight
President Vladimir Putin used the platform of SPIEF 2025 to signal a firm commitment to advancing long-term economic partnerships, naming India as a priority. His comments reflect Moscow’s broader efforts to adapt to a changing global order by forging stronger, multipolar alliances.
Putin outlined goals to increase energy exports, eliminate trade barriers, and deepen cooperation with key nations. The planned 2030 action plan with India is set to be a blueprint for mutual economic resilience, especially in light of Western sanctions and changing global trade patterns.
India’s Minister Ashwini Vaishnaw highlighted New Delhi’s proactive role in digital and infrastructure diplomacy. His participation in key sessions on AI and bilateral trade forums demonstrated India’s readiness to lead ethical, inclusive tech development while bolstering strategic partnerships.
Beyond AI, the discussions touched on modernising logistics, enhancing rail networks, and expanding IT cooperation. These areas mirror India’s national development priorities and offer Russia diversified markets, forming a foundation for sustained bilateral innovation and growth.
India and Russia are reenergising their partnership with a forward-looking agenda that blends technology, infrastructure, and energy cooperation into a shared strategic vision.
“A new world order is emerging naturally, like the rising sun. There’s no way to halt it…” – Vladimir Putin
