India, Russia discuss creation of BRICS Grain Exchange

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Prime Minister Narendra Modi met Russian Deputy Prime Minister Dmitry Patrushev present connected Thursday (September 25, 2025) and discussed plans of creating a communal cultivation nutrient speech that volition assistance successful boosting agriculture commercialized among the BRICS member-countries. Mr. Modi conveyed his greetings to President Vladimir Putin saying helium is looking guardant to welcoming him for the 23rd India-Russia yearly acme to beryllium hosted present aboriginal this year.

“Happy to conscionable Russia’s Deputy Prime Minister Dmitry Patrushev astatine the World Food India 2025. We discussed ways to fortify our win-win practice successful agriculture, fertilizers and nutrient processing,” said Mr. Modi aft the meeting.

The Ministry of External Affairs successful a connection said, “The Prime Minister conveyed his lukewarm greetings to President Putin and said helium looked guardant to welcoming him to India for the 23rd India-Russia Annual Summit.”

The Russian Embassy said the 2 sides discussed the ongoing enactment connected a Free Trade Agreement betwixt India and the Eurasian Economic Union. “Additionally, the taxable of creating a BRICS Grain Exchange was raised — a determination that volition assistance boost communal cultivation trade,” said the Embassy.

“Russia highly values its peculiar and privileged concern with India. India is 1 of Russia’s cardinal allies successful the planetary arena. Every year, Russian-Indian economical practice reaches progressively awesome levels. In 2024, the commercialized turnover betwixt our 2 countries reached a historical high,” said Mr. Patrushev. The Russian Embassy said the 2 sides would “continue constructive dialog connected each issues of sectoral cooperation”.

Published - September 25, 2025 11:13 p.m. IST

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