11 Sept 2026
Brics Summit: PM Modi, Putin hold bilateral talks on trade, defence
Prime Minister Narendra Modi met Russian President Vladimir Putin in New Delhi during the BRICS (a group of major emerging economies) summit. Their talks aim to lift yearly bilateral trade to 100 billion dollars by 2030. Defence, energy and critical minerals cooperation is also on the table. Indian exporters could get better access to Russian markets, so watch for follow-up announcements.
Key Statutory Highlights
- PM Narendra Modi met Russian President Vladimir Putin in New Delhi during the BRICS summit.
- The talks aim to raise annual bilateral trade between India and Russia to 100 billion dollars by 2030.
- Both sides are also set to discuss defence, energy and critical minerals cooperation.
Actionable Advice for Taxpayers / Founders:If you export to Russia or plan to, follow official trade announcements from the government and check with your advisor before signing new contracts, since these talks may change trade terms.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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