The ministry stated in a statement that both sides welcomed the expansion of cooperation in aluminum and fertilizer production and railway transport, in addition to capacity building and technology transfer in mining equipment, exploration, and industrial and household waste management.
The statement pointed out that the main cooperation areas included space science and technology, including the production of piston engines for small aircraft, as well as joint developments in carbon fiber technology, additive manufacturing, and 3D printing.
The parties also discussed opportunities for cooperation in rare earth and strategic mineral mining, underground coal gasification, and the establishment of modern industrial infrastructure.
The statement confirmed that Russia and India renewed their commitment to deepen industrial and economic cooperation after the meeting. This follows an earlier statement that India intends to refuse purchasing oil from Russia.
At the same time, the Indian newspaper “Mint” reported, citing sources, that state-owned Indian oil refineries continue to buy oil from Russian suppliers. India is the world’s third-largest energy importer, purchasing more than 80% of its oil consumption from global markets.
Earlier, the “Times of India” reported, citing data from the commodity market analytics company “Kpler,” that India’s imports rose to their highest level in 11 months in June. This increase in purchases came after escalating geopolitical tensions between Israel and Iran.
