Russian President Vladimir Putin is set to visit India in early December, aiming to address the trade imbalance characterized by India’s significant crude oil imports from Russia. He emphasized the historic and amicable relationship between the two nations, highlighting India’s defiance against U.S. pressure to reduce oil imports, which he views as a testament to India’s sovereignty. Putin proposed that Russia could enhance imports of agricultural products and pharmaceuticals from India to balance trade. He acknowledged existing challenges in financing and logistics that need resolution to unlock potential cooperation, while also expressing interest in a joint fund for AI and technology development, reflecting a willingness to deepen strategic ties as they approach the 15th anniversary of their special partnership. This development underscores the strengthening of bilateral relations amidst global geopolitical tensions.