Russia’s Putin Discusses Bilateral Ties, BRICS with India’s Modi in Phone Call

 India's Prime Minister Narendra Modi greets as he leaves after attending the third day of the three-day B20 Summit in New Delhi on August 27, 2023. (AFP)
India's Prime Minister Narendra Modi greets as he leaves after attending the third day of the three-day B20 Summit in New Delhi on August 27, 2023. (AFP)
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Russia’s Putin Discusses Bilateral Ties, BRICS with India’s Modi in Phone Call

 India's Prime Minister Narendra Modi greets as he leaves after attending the third day of the three-day B20 Summit in New Delhi on August 27, 2023. (AFP)
India's Prime Minister Narendra Modi greets as he leaves after attending the third day of the three-day B20 Summit in New Delhi on August 27, 2023. (AFP)

Russian President Vladimir Putin discussed bilateral ties including trade, energy and space cooperation with Indian Prime Minister Narendra Modi by phone, the Kremlin said on Monday.

The two leaders also discussed the planned expansion of the BRICS group of emerging economies - comprising India, Russia, China, Brazil and South Africa - as well as a summit of the G20 club of major economies that New Delhi will host next month.

Russia has sought to further strengthen already warm ties with India after its invasion of Ukraine in February 2022 triggered sweeping Western sanctions on Moscow. India is a major buyer of Russian oil.

"Topical issues of Russian-Indian relations, which are progressively developing in the spirit of a particularly privileged strategic partnership, were considered (in the call)," the Kremlin said in a statement.

"The positive dynamics of trade and economic cooperation was affirmed," it added.

Last week Modi and Putin both took part in the BRICS summit in South Africa, though the Russian leader attended only via video link because of an International Criminal Court (ICC) arrest warrant for him over alleged war crimes in Ukraine.

The Kremlin, which strongly denies the ICC allegations, has said Putin will also not attend the G20 gathering in India.

Both Russia and India launched lunar probes this month, but only the Indian one landed successfully on the moon while the Russian craft crashed.



Watchdog FATF Places Lebanon on Financial Crime Watchlist

People inspect the damage at the site of an overnight Israeli airstrike that targeted Beirut's southern suburbs on October 25, 2024, amid the ongoing war between Israel and Hezbollah. (Photo by AFP)
People inspect the damage at the site of an overnight Israeli airstrike that targeted Beirut's southern suburbs on October 25, 2024, amid the ongoing war between Israel and Hezbollah. (Photo by AFP)
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Watchdog FATF Places Lebanon on Financial Crime Watchlist

People inspect the damage at the site of an overnight Israeli airstrike that targeted Beirut's southern suburbs on October 25, 2024, amid the ongoing war between Israel and Hezbollah. (Photo by AFP)
People inspect the damage at the site of an overnight Israeli airstrike that targeted Beirut's southern suburbs on October 25, 2024, amid the ongoing war between Israel and Hezbollah. (Photo by AFP)

Lebanon has been placed on the so-called "grey list" of countries under special scrutiny by financial crime watchdog FATF, FATF said on Friday.

"Of course we recognize the extreme, grave situation that Lebanon is currently facing," Elisa de Anda Madrazo, the watchdog's president, told journalist.

"Lebanon's status on the grey list should not impede relief efforts ... We are working to make sure that channels of humanitarian aid remain open," she added.

Lebanon has been in a financial crisis since 2019 that has been left to fester by the country's leaders and now faces growing damage from Israeli airstrikes and ground operations against Hezbollah.

Madrazo said Lebanon had been accorded some flexibility regarding deadlines set in its action plan, but did not provide details at the news conference.

A source told Reuters earlier on Friday that the war had led the FATF to give Lebanon until 2026 instead of 2025 to address the issues that led to its grey-listing, including concerns over terrorism financing and a lack of judicial independence.

The grey-listing is likely to further deter investment in Lebanon and could affect the relationship between some Lebanese banks and the global financial system.