India and Russia Plan New Transport Routes and Energy Deals

India and Russia have agreed to work together on new transport routes, including the Chennai-Vladivostok Eastern Maritime Corridor and the International North-South Transport Corridor. They will also explore energy trade, including coal and nuclear power, and enhance cooperation in space and defense.

Transport and Logistics

The two countries will focus on expanding logistics links and infrastructure. They aim to reduce the time and cost of cargo transportation and promote connectivity in Eurasia. Cooperation will be based on transparency, local priorities, and respect for sovereignty.

Energy Cooperation

India and Russia will continue their strong partnership in the energy sector. They plan to explore new long-term contracts for energy resources and increase the supply of coking coal and anthracite coal to India.

Regional Development

The two sides will intensify trade and investment in the Russian Far East and Arctic regions. They signed a Program of Cooperation for 2024-2029, focusing on agriculture, energy, mining, and more.

Space and Defense

India and Russia will enhance their partnership in space exploration, including human spaceflight and satellite navigation. They will also continue their strong military cooperation, focusing on joint research, development, and manufacturing of defense technology.