The Summit also marked the 25th anniversary of the Declaration on Strategic Partnership (2000) between India and Russia.
- The partnership was formally elevated to a "Special and Privileged Strategic Partnership" in 2010.
Key Outcomes of the Summit
- Economic Programme 2030: Leaders adopted the "Programme for the Development of Strategic Areas of India-Russia Economic Cooperation till 2030" to diversify trade beyond energy and defence.
- Trade Target: Both sides set a goal of $100 billion bilateral trade by 2030 (from $68.7 billion in 2024-25).
- Fast-tracked FTA negotiations between India and the Eurasian Economic Union to ease goods and services flow.
- Payment Mechanisms: Agreed to expand bilateral settlements in national currencies, with interoperability of payment systems and central bank digital currencies to reduce reliance on Western systems.
- Energy: Russia committed to uninterrupted oil and gas supplies and continued support for India’s civil nuclear programme (Kudankulam, small modular reactors).
- Defence and Security: Focus on joint R&D, co-production (supporting Make in India), military exercises, and technology transfer.
- Connectivity and Logistics: Enhanced cooperation on INSTC, Chennai–Vladivostok Corridor, and Northern Sea Route.
- Signed MoU on Training of Specialists for Ships Operating in Polar Waters, to boost Arctic collaboration.
- Cooperation in International Fora: Russia formally joined the India-led International Big Cat Alliance (IBCA).
- People to People Ties: MoUs on migration and mobility for skilled Indian workers, 30-day visa-free e-tourist entry for Russian citizens, etc.
