Developing Russia-India Economic Ties Under New Circumstances

... many years, Russian-Indian trade failed to match the in-depth specially privileged strategic partnership and political ties between the two nations1. Today, trade is growing at an outstripping pace as Russia rapidly increases its deliveries of Russian energy sources, fertilizers, iron, steel, timber products, plant and animal oils to India. Given the increase in Russian exports, Moscow and New Delhi now face the task of reducing India’s growing trade deficit, by searching for new trade and by rebalancing ...