PM Narendra Modi, Vladimir Putin Hold Bilateral Talks Ahead of BRICS Summit 2026 (Video)
Prime Minister Narendra Modi held a high-stakes bilateral meeting with Russian President Vladimir Putin on Friday in New Delhi, on the sidelines of the 18th BRICS Summit.
Prime Minister Narendra Modi held a high-stakes bilateral meeting with Russian President Vladimir Putin on Friday in New Delhi, on the sidelines of the 18th BRICS Summit. Held at the Bharat Mandapam venue ahead of the main summit proceedings on September 12-13, the discussions focused on strengthening trade and economic cooperation, expanding nuclear energy partnership, advancing defense projects, and exploring peaceful solutions to ongoing global conflicts.
Expanding Bilateral Trade and Local Currency Payments
A major point of emphasis during the talks was the deepening economic relationship between the two nations. According to officials, a significant majority of trade transactions between Russia and its key BRICS partners are now conducted in national currencies, bypassing the US dollar. The leaders discussed expanding non-dollar payment mechanisms to stabilize bilateral trade against external financial pressures and international sanctions.
Defense Procurement and Civil Nuclear Cooperation
The dialogue addressed key defense and strategic energy initiatives. On the defense front, discussions included potential acquisition and joint production programs involving Russia's fifth-generation fighter platforms. In energy cooperation, both sides evaluated plans to build additional Russian-designed civil nuclear power units in India to support the country's long-term clean energy targets.
Peace Efforts and Global Geopolitics
Prime Minister Modi reiterated India's firm stance on diplomacy, emphasizing that peaceful resolution through dialogue remains essential for global stability. President Putin acknowledged India's constructive role and willingness to contribute to peace efforts, noting that direct communication between the two leaders continues to foster regional stability.
PMÂ Modi Holds Bilateral Meeting With Vladimir Putin
VIDEO | BRICS Summit 2026: Prime Minister Narendra Modi (@narendramodi) holds bilateral meeting with Russian President Vladimir Putin.
(Source: Third Party)#BRICSUpdatesOnPTI #BRICS2026 #BRICS #BRICSSummit #BRICSIndia
(Full video available on PTI Videos -… pic.twitter.com/bViriYzXDZ
— Press Trust of India (@PTI_News) September 11, 2026
Strategic Context of the 18th BRICS Summit
The bilateral meeting comes as India assumes the 2026 BRICS Chairship under the theme "Building for Resilience, Innovation, Cooperation and Sustainability". As New Delhi hosts heads of state from full members and partner nations, the Modi-Putin discussions set a cooperative tone for broader summit talks covering global governance, supply chain resilience, and economic integration across the Global South.
(The above story first appeared on LatestLY on Sep 11, 2026 04:05 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).