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The top American and Russian diplomats agreed to cooperate on critical global security issues.
India and Russia have for the past 70 years signed dozens of defense contracts.
Currencies and stocks also gained in most of the tracked 26 emerging economies.
Russia says it wants to sign a peace treaty before resolving the Kuril Islands dispute.
Russia hopes the US will send representatives to attend a new round of Syria peace talks in Astana, Kazakhstan.
Steinmeier, who was formerly a foreign minister, is from the center-left Christian Democratic Party.
Russia's advanced S-400 long-range surface-to-air missiles have already been deployed and successfully tested.
Russian official says deployment of the THAAD system in South Korea upsets the strategic balance in the region.
The Russian FM said that relations were damaged by the previous Obama administration.
Russian UN envoy Churkin says his US counterpart appeared to be more friendly than her predecessor.
