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BRICS Summit: India and Russia Push Investment and Trade Ties, Discuss Aircraft and Nuclear Technology

At the BRICS Summit, India and Russia are promoting investment and trade while discussing aircraft manufacturing, nuclear energy and cooperation.

M

Marcus Kay

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1 min read
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BRICS Summit: India and Russia Push Investment and Trade Ties, Discuss Aircraft and Nuclear Technology

India and Russia are using the BRICS Summit to deepen investment, trade and industrial cooperation, with aircraft manufacturing and nuclear energy among the key topics. Discussions include potential production of Russian regional aircraft in India, including the IL-114 and Sukhoi Superjet 100, as well as negotiations on new nuclear power plants. The countries are also examining financial cooperation, cross-border payments and greater use of national currencies. Leaders say the initiatives could broaden their partnership beyond traditional defense ties and support growth.

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