India-Russia Relations: Jaishankar Holds Talks with President Putin to Boost Trade
K N Mishra
22/Aug/2025

What's covered under the Article:
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EAM Jaishankar held talks with Russian President Vladimir Putin and Foreign Minister Sergey Lavrov, focusing on strengthening India-Russia economic and trade relations.
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India is not the largest purchaser of Russian oil or LNG, nor does it have the biggest trade surge with Russia post-2022, clarifies Jaishankar.
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The US has supported India’s purchase of Russian crude oil as a measure to stabilise global energy markets.
External Affairs Minister S. Jaishankar met Russian President Vladimir Putin on Thursday, August 21, 2025, in Moscow, discussing strategies to expand and deepen India-Russia bilateral ties. The high-level meeting followed wide-ranging discussions with Russian Foreign Minister Sergey Lavrov, focusing primarily on enhancing trade and economic cooperation between the two nations.
At a joint media briefing alongside Lavrov, Jaishankar emphasised that relations between India and Russia have remained among the most stable major international partnerships since the Second World War. He highlighted geopolitical convergence, leadership engagement, and popular sentiment as the key drivers of this enduring relationship.
Addressing questions on energy cooperation, Jaishankar clarified that India is neither the largest buyer of Russian oil nor LNG, with China holding the top spot for crude oil purchases and the European Union likely leading in LNG imports. He also noted that India does not have the largest surge in trade with Russia post-2022, pointing out that other countries, particularly to the south of Russia, have recorded higher growth in trade volumes.
During his Moscow visit, Jaishankar underscored India’s role in global energy market stability, highlighting that the United States has supported India’s procurement of Russian crude oil as part of broader efforts to stabilise energy supply and prices globally. This underscores India’s strategic approach to balancing national energy security with international cooperation.
The meetings in Moscow reaffirmed India’s commitment to strengthening strategic, economic, and energy ties with Russia, while also highlighting India’s position as a responsible global player navigating complex geopolitical and energy landscapes. Officials noted that further leadership-level engagements and bilateral dialogues would continue to reinforce India-Russia relations across sectors.
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