What Did Putin and Modi Gain in Delhi?

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00:00And the two world leaders held a joint media briefing a little bit earlier today

00:04where they agreed to expand and widen India-Russia trade agreements.

00:10What did Putin and Modi get out of those Delhi meetings?

00:14What did you think was most significant?

00:17I think the most significant aspect is they avoided the difficulty in the relationship,

00:22particularly when it comes to the oil, the sanctions and the defence deals.

00:26The trade agreement has been important because very little attention had been paid by India and Russia

00:34on the potential which exists in the two countries on trade.

00:38So definitely the agreement which was signed by Russia and India on economic cooperation programme,

00:45critical mineral supply, pharmaceuticals, shipbuilding, civil nuclear energy

00:51and a whole lot of other areas which hadn't received the focus before.

00:57And I think the most important part is also the fact that they do intend to reach more than 100 billion US dollars

01:04by 2030 by following this five-year economic framework.

01:09And I think that's significant and very important.

01:12There's also this talk of having more collaboration on the defence.

01:16But for me, I think the most important part is the economics,

01:19given the fact that Russia is facing sanctions and has been squeezed by sanctions.

01:25And India has been subjected to the tariffs by the US.

01:30So definitely trade and economics has become the centrepiece, which was not there before.