Vladimir Putin is arriving in India with a power-pact delegation today for a two-day state visit, particularly focused on the 23rd India-Russia Annual Summit. A visit that is heavily weighted towards energy resurrection, defence diplomacy and an intent to bypass western narrative Russian President’s diplomatic entourage includes his internal coterie, consisting of state oligarchs and private tycoons.

‘Enormous’ applications for Russian delegation’s India visit alongside Putin

There is a huge interest in Putin’s India visit, which marks his first since the beginning of the Ukraine conflict. Ahead of the international leader’s meeting with PM Modi, the Kremlin said that they were left with no choice but to cut down on volunteer delegation applications showing willingness to visit India.

“Frankly speaking, we had to cut corners and eliminate some of those willing to participate, because the interest in cooperation with India is, one might say, enormous,” the Kremlin aide said.

Full Russian delegation coming to India

Energy Delegation

With oil expected to take centre stage during Putin’s India visit the one man who will grab limelight will be Rosneft CEO, Igor Sechin. Putin’s delegation will include other chief executives of dominant Russian lender Sberbank and state arms exporter Rosoboronexport, an industry source told Reuters.

Rosneft CEO Igor Sechin (Reuters)

Chief of sanctioned Russian refinery Rosneft’s CEO Igor Sechin, will possibly mark the most crucial appearance.

Given the current state of affairs, the crude linked to Rosneft is currently being viewed as a “sanctioned molecule” by the United Stated, with sanctions being levied on the export of the oil produced by it. His main agenda would be to ensure oil supplies are opened at the earliest.

Before taking over Rosneft in 2012, Sechin has held powerful posts inside the Russian state, including the role of Deputy Prime Minister inside the Kremlin under Vladimir Putin. He is widely regarded as one of Putin’s closest confidants and a leading figure among Russia’s “siloviki”, a network of former security-service officials who wield influence over energy, defence and strategic policymaking

Andrei Kostin, the CEO of Russia’s second-largest bank, VTB, will be another big name in Putin’s troupe.

VTB chief Andrei Kostin (Reuters)

Known as “Putin’s Banker.” Heavily sanctioned VTB will try to finalise the alternative payment rails (outside SWIFT) that allow Indian exporters to get paid. Kostin has acknowledged that Indian banks were wary of doing transactions with Russian firms while its was difficult to settle trade in national currencies because India’s exports to Russia were too small. According to a Reuters report, VTB has an office in New Delhi and plans to open an office in Mumbai. Kostin feels India has the potential to increase exports to Russia, especially of machinery and pharmaceutical products.

Rupee-Dominated Delegation

Sberbank India CEO of Ivan Nosov is leading the delegation’s specific talks on rupee-denominated infrastructure investments. Ahead of the visit, Sberbank said it is interested in investing in Indian infrastructure projects making use of rupees, in which a big chunk of two-way trade is settled.

Sberbank branch in India CEO Ivan Nosov (Facebook)

Defence Delegation

Defence is expected to be another major focus area for the Russia delegation and the men heading their rhetoric will be -Rosoboronexport CEO, Alexander Mikheev, and Federal Service for Military-Technical Cooperation Director, Dmitry Shugayev.

Talks are expected to be led by the Russian Defence Minister as India will likely focus on defence deals like the S-400 and Su-57 fighter jets. The S-400 system has already played a significant role during India’s Operation Sindoor in May, enabling a fierce strike on Pakistani terror-based infrastructures.

Rosoboronexport CEO Alexander Mikheev and Federal Service for Military-Technical Cooperation Director Dmitry Shugayev.

Heads of space agency Roscosmos: Ahead of the India-Russia meet, Director General Dmitry Bakanov told Indian news outlet WION, “India is our great partner in space, and in the near future we have to co-operate in engines. “We will sign a contract on the engine programme. We give some engines to India and, by licence, make production here. Then orbit interaction.”

Roscosmos Director General Dmitry Bakanov (Kremlin)

Russian Government officials

Vitaly Savelyev, First Deputy PM Denis Manturov

Defence Minister Andrey Belousov

Finance Minister Anton Siluanov

Central Bank Governor Elvira Nabiullin

Agriculture Minister Oksana Lut

Economic Development Minister Maxim Reshetnikov

Health Minister Mikhail Murashko

Interior Minister Vladimir Kolokoltsev

Transport Minister Andrey Nikitin

Federal Customs Service representatives

Financial watchdog Rosfinmonitoring (Director – Yuri Chikhanchin)

– Media representative: Editor-in-chief Margarita Simonyan (of the Rossiya Segodnya media group, aka Russia Today) will be joined by President Putin at the launch of RT’s new Indian channel in New Delhi, according to Brics News.

– Other crucial business community members: Russian Association of Fertilizer Producers, Sberbank CEO Ivan Nosov, heads of industrial group Basic Element and Russian aluminium company Rusal (both founded by Oleg Deripaska), Roskhim, rail transport company Transmashholding Kirill Lipa, CEO of the Science-and-Production Centre Mineral Coating Technologies LLC, Stanislav Kislov

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