Analysis of Trade and Economic Cooperation Between Russia and the Republic of India at the Present Stage

Marianna Serezhaevna Ovakimyan, Elizaveta Andreevna Nidziy and Anna Vladimirovna Volkova
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Marianna Serezhaevna Ovakimyan: MGIMO - University, Moscow, Russia
Elizaveta Andreevna Nidziy: MGIMO - University, Moscow, Russia
Anna Vladimirovna Volkova: Russian Foreign Trade Academy, Moscow, Russia

Russian Foreign Economic Journal, 2024, issue 1, 72-85

Abstract: The article analyzes the trade and economic cooperation between Russia and the Republic of India at the present stage. Russia and India are important economic partners with significant potential for developing and strengthening cooperation on a mutually beneficial basis. With the economic sanctions imposed by Western countries against Russia, the analysis of bilateral trade between Russia and India seems to be an urgent task. The purpose of the article is to study the current state of trade and economic cooperation between Russia and India and assess its prospects. The paper studies the changes in trade turnover and its commodity structure, identifies the main problems hindering the development of trade cooperation between the countries, and considers ways to overcome them to further strengthen the partnership, and assesses the prospects for their cooperation based on the analysis of investment projects.

Keywords: Russian-Indian trade and economic cooperation; Russia; India; foreign trade; trade turnover; commodity structure (search for similar items in EconPapers)
JEL-codes: F1 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2024_01_72-85

DOI: 10.24412/2072-8042-2024-1-72-85

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