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Russia says there could be a political vacuum in Syria if Assad steps down.
Economists say investment cooperation between China and Russia will see further expansion.
This is the first time that the talks on Iran’s alleged nuclear programme have seen some signs of positive development.
But both leaders said they are committed to ending the violence that has killed more than 90,000 people.
The British PM said London has yet to decide whether to follow Washington's lead to arm Syrian rebels.
Putin has stressed that the IMF represents only a part of the global financial architecture reform.
The exercises will be held in October at the Mahajan field firing range in India.
The eurozone’s GDP fell by 0.2 per cent in the first three months of this year.
The G20 comprises 19 individual countries plus the European Union.
Many analysts believe the catapult for the decision could be the worsening situation in Syria.
