New Delhi (PTI): India and Russia on Friday firmed up a five-year plan to bolster economic and trade partnership in the face of Washington's punitive tariff and sanctions regime even as Prime Minister Narendra Modi conveyed to President Vladimir Putin that the war in Ukraine must be brought to an end through dialogue.

Following their summit talks, Modi and Putin unitedly demonstrated their keenness to impart a fresh momentum to the trajectory of the over eight-decades-old partnership between the two nations.

Besides finalising the 2030 economic programme, the two sides signed several agreements to expand cooperation in a number of sectors including health, mobility and people-to-people exchange.

"Over the past eight decades, the world has witnessed numerous ups and downs. Humanity has had to pass through many challenges and crises. And amidst all this, the India-Russia friendship has remained steadfast like a pole star," Modi said in his media statement.

ALSO READ: India not neutral, it is on the side of peace: PM Modi to Putin on Ukraine conflict

The prime minister, referring to the economic roadmap, said taking the India-Russia economic partnership to new heights is now a common priority for both sides. Modi also said that India and Russia are working towards early conclusion of a free trade agreement with Eurasian Economic Union.

The Ukraine conflict also figured prominently in the talks with Modi saying that India has advocated for peace in that country.

"We welcome all efforts being made for a peaceful and lasting resolution of this matter. India has always been ready to contribute its part and will remain so in the future," he said.

On threat of terrorism, Modi said India and Russia have long been standing shoulder-to-shoulder in the fight against the menace.

"Whether it is the terrorist attack in Pahalgam or the cowardly assault on the Crocus City Hall -” the root of all these incidents is the same," he said.

"India's unwavering belief is that terrorism is a direct assault on the values of humanity and that global unity against it is our greatest strength," he added.

Modi said India-Russia cooperation in the critical minerals sector is crucial for ensuring secure and diversified supply chains across the entire world.

ALSO READ: Russian President Putin says India, Russia collaboration not directed against anyone

In his remarks, Putin said the two sides resolved to prioritise cooperation in areas of security, economy, trade and culture.

We are looking at increasing annual bilateral trade volume to USD 100 billion, he said.

Putin said Russia is also looking at expanding cooperation in the energy sector with New Delhi, adding his country is ready for uninterrupted shipments of fuel to India.

We could also talk about cooperation in construction of small modular nuclear reactors and floating nuclear power plants, he said.

Russia, India and other like-minded nations are working towards a just and multipolar world.

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Moscow (PTI): Iran's Foreign Minister Abbas Araghchi on Monday met Russian President Vladimir Putin, who hailed the Iranian people for fighting bravely and heroically for their sovereignty and said Moscow is ready to do its best to help bring peace to West Asia as soon as possible.

Araghchi, who held talks with Omani and Pakistani leadership before arriving in Russia, met Putin in St. Petersburg and thanked him for supporting Iran, state-owned TASS news agency reported.

"Russia is ready to do everything in its power to ensure that peace in the Middle East is achieved as soon as possible," Putin said during his meeting with Araghchi, which was also attended by Russian Foreign Minister Sergey Lavrov.

Revealing that he received a message from Iranian Supreme Leader Mojtaba Khamenei last week, Putin asked Araghchi to convey his "gratitude for this message and best wishes for his health and well-being."

He praised the Iranian people for fighting "bravely and heroically" for their sovereignty, Iran's state-run PRESS TV reported.

"We really hope that, based on the courage and desire for independence, the Iranian people, under the guidance of the new leader, will weather this difficult period of trials and peace will come,” Putin said.

He also stressed that Russia “intends to maintain” its strategic relations with Iran.

Araghchi said that the world witnessed Iran’s strength in countering the US during the recent war, and that the Islamic Republic is a "stable and powerful establishment."

"With their courage, the Iranian people succeeded in resisting the US aggression and will be able to endure it,” he said.

He said that it became clear that Iran has “great friends and allies” like Russia, and conveyed “warmest greetings” from Supreme Leader Mojtaba Khamenei and President Masoud Pezeshkian to the Russian leader.

Araghchi said relations between Moscow and Tehran represent a “strategic partnership at the highest level” and will continue to develop "regardless of circumstances."

"We are grateful to you for the solid and strong positions in support of the Islamic Republic of Iran," he said.

Foreign Minister Lavrov said that the talks between President Putin and the Iranian Foreign Minister were "useful and constructive."

Kremlin Spokesman Dmitry Peskov later said that Russia is "ready to provide any good offices, any mediation services that are acceptable to the parties."

"We will be ready to do everything so that ultimately peace ensues, guaranteed peace, and that there is no return to hostilities," Peskov was quoted as saying by TASS.

He was asked how Moscow can assist in future negotiations on the Iranian settlement.

Araghchi arrived in Russia after his whirlwind trip to Islamabad, which, according to him, was “very productive” and involved “good consultations" with Pakistan's Army Chief Field Marshal Asim Munir, amid uncertainty over the second round of peace talks to resolve the war in West Asia.

"We held good consultations with our friends in Pakistan. The trip was successful. We assessed the outcome of our recent (meetings) and discussed in what direction and under what conditions talks can move on,” Araghchi said in a video posted on his Telegram channel upon his arrival in St Petersburg.

Referring to the second round of talks between the US and Iran to resolve the conflict in West Asia, Araghchi said: "Developments have taken place in the negotiations."

"Despite some progress in earlier rounds, the talks failed to reach their objectives due to the Americans' approach, the excessive demands they made, and the wrong approaches they adopted. Therefore, it was necessary to consult with our friends in Pakistan to review the latest situation,” Iran's official news agency IRNA quoted him as saying.

He said that the trip to Pakistan was a good opportunity to review developments related to the US-Israeli war against Iran, expressing confidence that “these consultations and coordination between the two countries will be highly significant.”

Araghchi arrived at St. Petersburg's Pulkovo Airport early Monday, where he was welcomed by Russian officials and Iran’s ambassador to Russia, Kazem Jalali, the report said.

The first round of peace talks between Iran and the US, held on April 11 and 12, failed to bring the desired result for the parties to the conflict.

The Iranian minister arrived in Islamabad for the second time on Sunday after a short visit to Oman, where he held talks with Sultan Haitham bin Tariq al-Said on security in the Strait of Hormuz and diplomatic efforts to end the Iran-US conflict.

After Araghchi left Pakistan for Oman on Saturday, President Donald Trump announced that US negotiators Steve Witkoff and Jared Kushner would no longer be going to Islamabad for talks with Iran, contending that Washington held all the cards on the matter.

Trump on Sunday reiterated that the US and Iranian officials can talk by phone for a peace solution to the conflict.

On Tuesday, Trump extended the two-week ceasefire with Iran indefinitely to give Tehran more time to prepare a unified proposal to end the war, just hours before the truce was set to expire.

The war began when the US and Israel jointly attacked Iran on February 28, killing Iranian Supreme Leader Ayatollah Ali Khamenei and several top commanders. The retaliation by the Islamic Republic extended the war to the entire Gulf region.