🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

Russia's Putin to not visit India for G20 summit next month

Published 28/08/2023, 15:02
© Reuters. Russian President Vladimir Putin and Indian Prime Minister Narendra Modi attend a meeting on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Samarkand, Uzbekistan September 16, 2022. Sputnik/Alexander Demyanchuk/Pool via REUTERS/Fil
USD/RUB
-
IBRX
-
URL-E
-

(Reuters) -Russia will be represented by its foreign minister at the G20 summit in New Delhi, President Vladimir Putin told Indian Prime Minister Narendra Modi in a phone call on Monday where the two leaders also discussed bilateral ties.

The two leaders also spoke about the planned expansion of the BRICS group of emerging economies - comprising India, Russia, China, Brazil and South Africa - as well as a summit of the G20 club of major economies that New Delhi will host next month.

Last week, Modi and Putin both took part in the BRICS summit in South Africa, though the Russian leader attended only via video link because of an International Criminal Court (ICC) arrest warrant for him over alleged war crimes in Ukraine.

The Kremlin, which strongly denies the ICC allegations, has said Putin would also not attend the G20 gathering in India.

Putin told Modi Russia would be represented by Foreign Minister Sergei Lavrov, according to a statement from the Indian government.

"While expressing an understanding for Russia's decision, PM thanked President Putin for Russia's consistent support to all initiatives under India's G20 Presidency," the Indian government said.

Russia has sought to further strengthen already warm ties with India after its invasion of Ukraine in February 2022 triggered sweeping Western sanctions on Moscow. India is a major buyer of Russian oil.

"Topical issues of Russian-Indian relations, which are progressively developing in the spirit of a particularly privileged strategic partnership, were considered (in the call)," the Kremlin said in a statement.

© Reuters. Russian President Vladimir Putin and Indian Prime Minister Narendra Modi attend a meeting on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Samarkand, Uzbekistan September 16, 2022. Sputnik/Alexander Demyanchuk/Pool via REUTERS/File Photo

"The positive dynamics of trade and economic cooperation was affirmed," it added.

Both Russia and India launched lunar probes this month, but only the Indian one landed successfully on the moon while the Russian craft crashed.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.