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Sanctions-hit Putin visits India to boost energy, trade ties

Russian President Vladimir Putin in St. Petersburg on December 8, 2014Russia’s President Vladimir Putin will hold talks Thursday with India’s new prime minister as his sanctions-hit country seeks to strengthen energy, defence and strategic ties in Asia. Putin will be looking to advance nuclear power, oil and natural gas and even diamond deals with longstanding ally India on his first visit to India since Prime Minister Narendra Modi swept to power in May. The president is seeking new markets for Russia’s natural resources as its economy reels under US and EU sanctions over its backing of an uprising in the Ukraine and annexation of Crimea. “He (Putin) wants to show the world that he isn’t isolated and to a certain extent he’s not, he still has the BRICS countries,” Russia expert Nandan Unnikrishnan said of Putin’s visit.

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