Russian President Vladimir Putin is scheduled to travel to New Delhi on Thursday to participate in the BRICS summit, according to Kremlin spokesman Dmitry Peskov. The meeting will include a series of both bilateral and multilateral discussions involving member countries of the BRICS group, which consists of Brazil, Russia, India, China, and South Africa.
Peskov emphasized that several BRICS nations are currently subject to economic restrictions and pressures imposed by third countries. In response, these countries are seeking alternative mechanisms for trade and financial settlements, aiming to strengthen economic cooperation within the bloc. This includes the development of joint investment platforms to facilitate more resilient economic ties.
Alongside the summit, Russia and India are expanding their bilateral cooperation, particularly in the industrial sector. Dmitry Yadrov, head of Rosaviatsiya—the Russian Federal Air Transport Agency—revealed that discussions are upcoming regarding the certification process of the Russian Il-114-300 aircraft within India. These talks reflect growing Indian interest in augmenting its domestic aviation capabilities through collaboration with Russian technology.
The certification talks are expected to facilitate the integration of the Il-114-300 aircraft into the Indian aviation market, potentially addressing increasing demand for regional aircraft. This cooperative effort highlights the broader strategic partnership between Russia and India, as they seek to deepen ties amid shifting global economic dynamics influenced by geopolitical tensions.
Putin’s visit to New Delhi for the BRICS summit comes at a time when member countries are exploring new avenues for economic sovereignty and regional cooperation in response to global challenges. The outcomes of this summit and the related bilateral engagements are anticipated to influence the future trajectory of Russia-India relations and the broader BRICS agenda.