Foreign Trade Policy in the Context of Current Russian-Indian Cooperation

Aleksandr Aleksandrovich Tkachenko, Karina Maratovna Gil`Manova and Mariya Aleksandrovna Trofimova
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Aleksandr Aleksandrovich Tkachenko: Finance University under the Government of the Russian Federation, Moscow, Russia
Karina Maratovna Gil`Manova: Finance University under the Government of the Russian Federation, Moscow, Russia
Mariya Aleksandrovna Trofimova: Finance University under the Government of the Russian Federation, Moscow, Russia
Authors registered in the RePEc Author Service: Александр Ткаченко

Russian Foreign Economic Journal, 2021, issue 2, 98-111

Abstract: In the article, the authors examine the current issues of Russian-Indian trade and economic relations and note that the mutual trade has not experienced significant expansion. Particular attention is paid to the negotiations on a Free Trade Agreement between the EAEU and India, considering the similar agreements that India has. The importance of air communication between the regions of the Russian Far East and Indian metropolises is emphasized and the need to conclude an Open Skies Agreement is underlined. It is shown that Russia should make longterm decisions on Russian-Indian cooperation, since medium-term decisions do not allow private business to plan strategically and do not take into account the needed changes in the institutional framework, which take time to accomplish.

Keywords: Foreign economic policy; Russian-Indian cooperation; free trade agreement; export of IT services; EAEU; East Asian integration; strategic partnership; Far East region. (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2021_02_98-111

DOI: 10.24411/2072-8042-2021-2-98-111

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