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    India’s Modi visits Ukraine while ally Russia watches on


    Russian President Vladimir Putin speaking to Indian Prime Minister Narendra Modi during their meeting at Taj Exotic Hotel on October, 15, 2016 in Benaulim, Goa, India.

    Mikhail Svetlov | Getty Images News | Getty Images

    Indian Prime Minister Narendra Modi’s visit to Ukraine on Friday is likely to be closely watched by New Delhi’s long-standing ally, Russia.

    The trip comes as India looks to navigate alliances with arch enemies Russia and the West, as one of the few countries to have robust trading and diplomatic relations with both parties since Moscow’s invasion of Ukraine in 2022 set off heightened global tensions, sanctions and animosity toward the Kremlin.

    Modi’s government has looked to remain neutral throughout the ongoing war between Russia and Ukraine, but has been criticized for maintaining tight trade and diplomatic ties with Moscow. India has refused to condemn the war and has continued to buy discounted Russian oil, despite Western efforts to boycott such energy purchases, whose revenues fund the conflict.

    Now, India appears to be seeking closer relations with Ukraine through Modi’s visit to Kyiv this week, which comes at the behest of Ukrainian President Volodymyr Zelenskyy. Modi’s trip will be the first by an Indian head of state to Ukraine since diplomatic relations were established over 30 years ago, when the European country achieved independence in 1991.

    Rick Rossow, chair in U.S.-India policy studies at the Center for Strategic and International Studies, told CNBC that “India clearly has a far deeper relationship with Russia” but wanted to build on fledgling bilateral relations with Kyiv.

    “For instance, in fiscal year 2021-22, India’s goods trade with Ukraine was only around $3.4b [billion], compared to $13b with Russia. And Russia provided access to high-end weaponry which other major producers like the United States have only recently approved for export to India,” Rossow said in emailed comments.

    “Following the invasion, India’s imports from Russia have spiked dramatically, even as Russia has difficulties meeting defense export orders,” he noted.

    “But India does have students studying in Ukraine, buys defense equipment from Ukraine, and Ukraine is among India’s 50-largest trade partners,” he said, concluding that relations between the two nations are “not insignificant.”

    ‘Landmark’ visit

    Modi and Zelenskyy do not know each other well and only met twice in recent months, on the sidelines of this and last year’s G7 summits in Italy and Japan, an Indian official noted when announcing the trip Monday. He described Modi’s upcoming visit as a “landmark and historic.”

    When they meet one-to-one on Friday, Modi and Zelenskyy are set to discuss “bilateral relations” and “multilateral cooperation,” Kyiv said, while the ongoing war with Russia is also likely to dominate the agenda.

    “Bilateral relations” between Ukraine and India are certainly at an earlier stage of development than those between Moscow and New Delhi, with the latter duo now looking to deepen their established lucrative ties, particularly on the energy and trade front.

    Earlier, Modi’s met with Russian President Vladimir Putin in July, making his first visit to the Kremlin since 2019. During this engagement, Ukraine said Russia’s military attacked a children’s hospital in Kyiv, killing 41 people and injuring over 150 others. The assault drew worldwide condemnation, even as Russia denied carrying out the strike and stated, without providing evidence, that Ukrainian anti-missile fire was to blame.

    Following his meeting with Putin, Modi issued a statement in which he seemed to voice his disapproval of the attack, saying in televised comments that “whether it is war, conflict or a terrorist attack, any person who believes in humanity is pained when there is loss of lives,” according to a Reuters translation.

    “But even in that, when innocent children are killed, the heart bleeds and that pain is very terrifying,” he added.

    Russia’s President Vladimir Putin bids farewell to India’s Prime Minister Narendra Modi following their meeting at the Kremlin in Moscow, Russia July 9, 2024. 

    Gavriil Grigorov | Via Reuters

    Despite the comments, Putin and Modi were showed hugging during the visit, and the New Delhi leader was featured addressing his Russian counterpart as “dear friend,” while extolling their “mutual trust and mutual respect.” Their discussions, their respective governments said, led the leaders to pledge to deepen bilateral trade and cooperation in numerous areas, from agriculture to space, medicine and energy infrastructure.

    The fact that Modi’s meeting with Putin coincided with the deadly hospital attack was widely seen as an embarrassment for the Indian prime minister, however. Ukraine heavily criticized the trip, with Zelenskyy saying it was a “huge disappointment and a devastating blow to peace efforts to see the leader of the world’s largest democracy hug the world’s most bloody criminal in Moscow on such a day.”

    Pragmatism or peace?

    Russia’s President Vladimir Putin and Indian Prime Minister Narendra Modi hold an informal meeting at the Novo-Ogaryovo state residence, outside Moscow, on July 8, 2024. (Photo by Gavriil GRIGOROV / Sputnik POOL / AFP) (Photo by GAVRIIL GRIGOROV/POOL/AFP via Getty Images)

    Gavriil Grigorov | Afp | Getty Images

    Harsh V. Pant, vice president at Observer Research Foundation, told CNBC that India had a vested interest in trying to leverage its influence to bring about a future peace initiative.

    “I think Modi has always been interested in Ukraine because, fundamentally, there is a strong Indian interest in ensuring that a stable European security architecture emerges that can meet the aspirations of both sides,” he told CNBC Tuesday.

    “What India has tried to do is to navigate its response between Russia and Ukraine, and Russia and Europe broadly, and Russia and the West, more broadly,” Pant said, adding that there were “pragmatic reasons” behind India’s decision not to follow in the footsteps of its Western partners and openly label Russia as an “aggressor” in the war.

    “India [has its] own interest in maintaining a stable relationship with Russia. India wants to ensure that Russia does not become a fully joint partner with China,” he flagged. Beijing is seen as India’s regional economic and geopolitical competitor in Asia.

    “India wants to continue to seek to have Russian support in defense supplies, where even today, 60% of Indian defense supplies continue to be of Russian [origin],” Pant continued, noting that “those sorts of issues prevent India from openly talking about Russia as an aggressor.”

    CNBC has reached out to India’s foreign ministry for further comment on the motivations for Modi’s latest trip to Ukraine and on the ministry’s appraisal of its current relationship with Russia.

    Modi’s visit to Ukraine, Pant said, underscored India’s desire to see an end to the conflict and that “both sides actually come to the negotiating table.” India “doesn’t view the possibility that, without having Russia at the table, you can have a solution,” Pant added.

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