Your Excellency, my friend, President Putin,
Delegates from both countries,
Friends from the media,

Namaskar !

Dobryy den !

I am pleased to welcome President Putin to the 23rd India-Russia Summit today. His visit comes at a time when our bilateral relationship is going through several historic milestones. Exactly 25 years ago, President Putin laid the foundation of our Strategic Partnership. Fifteen years ago, in 2010, our partnership was elevated to the level of a "Special and Privileged Strategic Partnership."

Over the past two and a half decades, he has continually nurtured this relationship with his leadership and vision. His leadership has elevated our mutual ties to new heights in every circumstance. I sincerely thank President Putin, my friend, for his deep friendship with India, and his unwavering commitment.

Friends,

Over the past eight decades, the world has witnessed many ups and downs. Humanity has faced numerous challenges and crises. Yet, through all of this, the India-Russia friendship has remained steady like a guiding star. Built on mutual respect and deep trust, our relationship has stood the test of time.

Today, we discussed all aspects of our cooperation to further strengthen this foundation. Elevating our economic cooperation to new heights is a shared priority. To realize this, we have agreed on an Economic Cooperation Program until 2030. This will make our trade and investment more diversified, balanced, and sustainable; and will also add new dimensions to our areas of cooperation.

Today, President Putin and I will have the opportunity to participate in the India–Russia Business Forum. I am confident that this platform will give new impetus to our business relations. It will also open new avenues for exports, co-production, and co-innovation.

Both sides are actively working towards the early conclusion of the Free Trade Agreement with the Eurasian Economic Union. Our close cooperation in the fields of agriculture and fertilizers is vital for food security and farmer welfare. I am pleased that, taking this cooperation forward, both sides are now working together on urea production.

Friends,

Enhancing connectivity between our two countries is a key priority for us. We will move forward with renewed energy on the INSTC, the Northern Sea Route, and the Chennai-Vladivostok Corridors. I am pleased that we will now cooperate on the training of India’s seafarers for operations in polar waters. This will not only strengthen our collaboration in the Arctic but also create new employment opportunities for the youth of India.

Similarly, our strong cooperation in shipbuilding has the potential to further strengthen Make in India. It is yet another excellent example of our win-win partnership, which will enhance jobs, skills, and regional connectivity.

Energy security has been a strong and vital pillar of the India-Russia partnership. Our decades-old cooperation in the field of civil nuclear energy has played an important role in advancing our shared clean-energy priorities. We will continue to take this win-win cooperation forward.

Our cooperation in Critical Minerals is vital for ensuring secure and diversified supply chains across the world. This will provide strong support to our partnership in clean energy, high-tech manufacturing, and new-age industries.

Friends,

Cultural cooperation and people-to-people ties have held a special place in India-Russia relations. For decades, the people of both countries have shared deep affection, respect, and warmth for one another. We have taken several new steps to further strengthen these bonds.

Recently, two new Indian Consulates have been opened in Russia. This will further facilitate engagement between our citizens and deepen their mutual relations. This year in October, millions of devotees received the blessing of the sacred relics of Lord Buddha at the International Buddhist Forum in ‘Kalmykia’.

I am pleased that we will soon be introducing a free 30-day e-Tourist Visa and a 30-day Group Tourist Visa for Russian citizens.

Manpower mobility will not only connect our people but also create new strength and new opportunities for both countries. I am pleased that two agreements have been concluded today to promote this cooperation. We will work together on vocational education, skilling, and training. We will also enhance exchanges between our students, scholars, and sportspersons.

Friends,

Today we also discussed regional and global issues. Since the beginning, India has consistently advocated for peace, with regards to the situation in Ukraine. We welcome all efforts being made for a peaceful and lasting resolution in this matter. India has always been, and will always be ready to contribute.

India and Russia have long stood shoulder to shoulder in the fight against terrorism. Whether it is the terrorist attack in Pahalgam, or the cowardly attack at Crocus City Hall, the root of all such incidents is the same. India firmly believes that terrorism is a direct assault on the values of humanity, and that global unity against it is our greatest strength.

India and Russia have maintained close cooperation at the UN, G20, BRICS, SCO, and other platforms. Moving forward with the same close coordination, we will continue our dialogue and cooperation across all these forums.

Excellency,

I am confident that in the times ahead, our friendship will empower us to face global challenges and this confidence will further enrich our shared future.

Once again, I sincerely thank you and your entire delegation for your visit to India.

Spasiba

 

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List of Outcomes: Visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of UAE to India
January 19, 2026
S.NoAgreements / MoUs / LoIsObjectives

1

Letter of Intent on Investment Cooperation between the Government of Gujarat, Republic of India and the Ministry of Investment of the United Arab Emirates for Development of Dholera Special Investment region

To pursue investment cooperation for UAE partnership in development of the Special Investment Region in Dholera, Gujarat. The envisioned partnership would include the development of key strategic infrastructure, including an international airport, a pilot training school, a maintenance, repair and overhaul (MRO) facility, a greenfield port, a smart urban township, railway connectivity, and energy infrastructure.

2

Letter of Intent between the Indian National Space Promotion and Authorisation Centre (IN-SPACe) of India and the Space Agency of the United Arab Emirates for a Joint Initiative to Enable Space Industry Development and Commercial Collaboration

To pursue India-UAE partnership in developing joint infrastructure for space and commercialization, including launch complexes, manufacturing and technology zones, incubation centre and accelerator for space start-ups, training institute and exchange programmes.

3

Letter of Intent between the Republic of India and the United Arab Emirates on the Strategic Defence Partnership

Work together to establish Strategic Defence Partnership Framework Agreement and expand defence cooperation across a number of areas, including defence industrial collaboration, defence innovation and advanced technology, training, education and doctrine, special operations and interoperability, cyber space, counter terrorism.

4

Sales & Purchase Agreement (SPA) between Hindustan Petroleum Corporation Limited, (HPCL) and the Abu Dhabi National Oil Company Gas (ADNOC Gas)

The long-term Agreement provides for purchase of 0.5 MMPTA LNG by HPCL from ADNOC Gas over a period of 10 years starting from 2028.

5

MoU on Food Safety and Technical requirements between Agricultural and Processed Food Products Export Development Authority (APEDA), Ministry of Commerce and Industry of India, and the Ministry of Climate Change and Environment of the United Arab Emirates.

The MoU provides for sanitary and quality parameters to facilitate the trade, exchange, promotion of cooperation in the food sector, and to encourage rice, food products and other agricultural products exports from India to UAE. It will benefit the farmers from India and contribute to food security of the UAE.

S.NoAnnouncementsObjective

6

Establishment of a supercomputing cluster in India.

It has been agreed in principle that C-DAC India and G-42 company of the UAE will collaborate to set up a supercomputing cluster in India. The initiative will be part of the AI India Mission and once established the facility be available to private and public sector for research, application development and commercial use.

7

Double bilateral Trade to US$ 200 billion by 2032

The two sides agreed to double bilateral trade to over US$ 200 billion by 2032. The focus will also be on linking MSME industries on both sides and promote new markets through initiatives like Bharat Mart, Virtual Trade Corridor and Bharat-Africa Setu.

8

Promote bilateral Civil Nuclear Cooperation

To capitalise on the new opportunities created by the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act 2025, it was agreed to develop a partnership in advance nuclear technologies, including development and deployment of large nuclear reactors and Small Modular Reactors (SMRs) and cooperation in advance reactor systems, nuclear power plant operations and maintenance, and Nuclear Safety.

9

Setting up of offices and operations of UAE companies –First Abu Dhabi Bank (FAB) and DP World in the GIFT City in Gujarat

The First Abu Dhabi Bank will have a branch in GIFT that will promote trade and investment ties. DP World will have operations from the GIFT City, including for leasing of ships for its global operations.

10

Explore Establishment of ‘Digital/ Data Embassies’

It has been agreed that both sides would explore the possibility of setting up Digital Embassies under mutually recognised sovereignty arrangements.

11

Establishment of a ‘House of India’ in Abu Dhabi

It has been agreed in Principle that India and UAE will cooperate on a flagship project to establish a cultural space consisting of, among others, a museum of Indian art, heritage and archaeology in Abu Dhabi.

12

Promotion of Youth Exchanges

It has been agreed in principle to work towards arranging visits of a group of youth delegates from either country to foster deeper understanding, academic and research collaboration, and cultural bonds between the future generations.