Modi-Putin meet: $100 billion trade target by 2030, nuclear energy, critical minerals likely focus areas, says report
Indian Prime Minister Narendra Modi and Russian President Vladimir Putin discussed expanding bilateral trade to $100 billion by 2030, with nuclear energy and critical minerals on the agenda. The talks indicate a concerted effort to deepen economic ties between the two countries.
- ✓Indian Prime Minister Narendra Modi and Russian President Vladimir Putin discussed expanding bilateral trade to $100 billion by 2030, with nuclear energy and critical minerals on the agenda.
- ✓The talks indicate a concerted effort to deepen economic ties between the two countries.
- ✓Civic Domain: Categorized under world public notices.
Indian Prime Minister Narendra Modi met with Russian President Vladimir Putin in a high‑level dialogue aimed at broadening the scope of India‑Russia cooperation. Both leaders highlighted the ambition to set a $100 billion bilateral trade target for 2030, while also earmarking nuclear energy collaboration and the exchange of critical minerals as priority sectors.
According to news agency ANI, the $100 billion goal reflects a significant escalation from current trade levels and underscores the intent to diversify economic engagement. The discussion also pointed to potential joint projects in nuclear power generation and the development of supply chains for minerals essential to emerging technologies, signaling concrete operational interests for both governments.
India and Russia have maintained a strategic partnership for decades, with trade and defence cooperation forming the backbone of the relationship. Achieving the proposed trade milestone could boost manufacturing, energy security, and technology sectors in both nations, affecting businesses, investors, and consumers who rely on imported goods and energy resources.
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| Issuing Authority | Livemint Indian Economy & Policy |
|---|---|
| Topic Category | WORLD |
| Jurisdiction | All India / National |
| Publication Date | 11 September 2026 |