India-Russia trade is undergoing a major structural reset, transitioning from a relationship dominated by energy and defense into a diversified economic partnership. President Vladimir Putin and Prime Minister Narendra Modi formalized a blueprint for long-term economic integration with targets to reach US$100 billion by 2030. Explore the Russia-India business corridor. Find analysis on bilateral trade, strategic joint ventures, and investment opportunities. Key intelligence for companies in this growing partnership.
Russia became one of the top five exporters of agricultural products to the Indian market for the first time during 2024, according to Russia’s Agroexport. They mentioned the statistic in a report which it has prepared ahead of a business trip to India for Russian exporters on September 25-28. Agroexport said that Russia retained a […]
Update: September 11The European Union has rejected US President Donald Trump’s request to impose high tariffs on some goods from China and India, arguing that the bloc does not use tariffs as a sanctions tool. As we mention in this article, this decision will also carry implications for the EU as concerns its relations with […]
The BRICS nations convened an emergency virtual summit yesterday (September 8), hosted by Brazilian President Lula da Silva, to discuss the situation concerning the United States imposition of trade tariffs on multiple countries including BRICS members. The meeting lasted about 90 minutes. All ten full BRICS members were present, represented by Brazilian President Lula Da […]
Plucky little Laos, in southeast Asia, has just become the latest country to ignore US import tariffs, by stating that it will redirect its US exports to other markets. Laos has been hit with a 40% import duty on its products. What is surprising about this move is that Laos is a relatively small country, […]
The United States Secretary of Commerce, Howard Lutnick, has made some rather extraordinary demands of India when it comes to assessing their trade position with the US. With India now subjected to 50% tariffs on its exported goods to the American market, Lutnick claimed that ‘the customer is always right’ and that India should stop […]
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The Russian President, Vladimir Putin, has been attending the annual Heads of State Shanghai Cooperation Organisation summit in China, and has had the opportunity to discuss bilateral relations with other SCO members, such as with Pakistan’s Prime Minister, Shehbaz Sharif. This is what they had to say: Putin: “Last time we met was a year […]
The Russian President, Vladimir Putin, has been attending the annual Heads of State Shanghai Cooperation Organisation summit in China and has had the opportunity to discuss bilateral relations with other SCO members, such as with Nepal’s Prime Minister, Khadga Prasad Sharma Oli. This is what they had to say: Putin: “Mr Prime Minister, I am […]
India is set to increase its imports of Russian oil in September, with trading sources saying that Nayara Energy and Reliance Industries plan to increase their purchases by 10-20% compared to August levels. The increase would translate to an additional 150,000-300,000 barrels per day. The move comes despite US President Donald Trump imposing additional tariffs […]
On August 22, Russian Foreign Minister Sergey Lavrov had a telephone conversation with Venezuelan Executive Vice President Delcy Rodriguez Gomez. In the course of the conversation, the two sides confirmed their mutual intention to further strengthen the strategic partnership relations between Russia and Venezuela. The parties discussed current bilateral issues and agreed to increase interaction […]
The Indian External Affairs Minister, Subrahmanyam Jaishankar has been holding talks in Moscow, meeting with both Sergey Lavrov, Russia’s Foreign Minister, and Russian President Vladimir Putin. The talks come just as the United States has threatened to increase tariffs to 50% on Indian exports to the United States in retaliation for India purchasing Russian oil. […]
Russia is helping India to build high speed electric trains, according to Deputy Prime Minister Denis Manturov after talks with his counterpart, Subrahmanyam Jaishankar in Moscow. Russia is looking at collaborating with India on train manufacturing, potentially for export back to Russia, the CIS countries, and Africa. Russia’s Transmashholdings (TMH) is the Russian interested party, […]
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