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

Author

Listed:
  • Marianna Serezhaevna OVAKIMYAN

    (MGIMO - University, Moscow, Russia)

  • Elizaveta Andreevna NIDZIY

    (MGIMO - University, Moscow, Russia)

  • Anna Vladimirovna VOLKOVA

    (Russian Foreign Trade Academy, Moscow, Russia)

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.

Suggested Citation

  • Marianna Serezhaevna OVAKIMYAN & Elizaveta Andreevna NIDZIY & Anna Vladimirovna VOLKOVA, 2024. "Analysis of Trade and Economic Cooperation Between Russia and the Republic of India at the Present Stage," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 1, pages 72-85, January.
    • Handle: RePEc:alq:rufejo:rfej_2024_01_72-85
    DOI: 10.24412/2072-8042-2024-1-72-85
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    More about this item

    Keywords

    Russian-Indian trade and economic cooperation; Russia; India; foreign trade; trade turnover; commodity structure;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade

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