Key Facts
• On August 21, 2025, Indian Foreign Minister Jaishankar and Russian Foreign Minister Lavrov met in Moscow.
• Both nations agreed to strengthen trade relations and explore energy resource extraction projects.
• Lavrov highlighted successful cooperation in hydrocarbon supply to India and joint energy projects in Russia’s Far East and Arctic regions.
• Jaishankar emphasized the stability of India-Russia relations since World War II.
• Jaishankar called for addressing non-tariff barriers to expand trade in pharmaceuticals, agriculture, and textiles.
• India aims to increase exports to Russia to correct trade imbalances.
• U.S. President Trump imposed up to 50% tariffs on Indian imports due to India’s purchase of Russian crude oil.
• The Indian Ministry of External Affairs reaffirmed its commitment to expanding bilateral trade.
Summary
Indian Foreign Minister S. Jaishankar and Russian Foreign Minister Sergey Lavrov met in Moscow on August 21, 2025, to discuss strengthening trade ties and energy cooperation. Both nations expressed interest in joint energy projects, including resource extraction in Russia’s Far East and Arctic regions. Lavrov praised the progress in hydrocarbon supply to India, while Jaishankar highlighted the long-standing stability of India-Russia relations. He also stressed the need to address non-tariff barriers to boost Indian exports in sectors like pharmaceuticals, agriculture, and textiles. The meeting occurred amid U.S. President Trump’s imposition of up to 50% tariffs on Indian imports due to India’s purchase of Russian crude oil. Despite this, both countries reaffirmed their commitment to expanding bilateral trade and correcting trade imbalances.
