The Silk Road played a crucial role in international trade for about 1800 years by the time maritime trade turned out to possess more advantages than land-based means of trade in terms of speed, cost, and security. Transportation of goods on camels could not compete with the ships in seas until the XVI ...
... analyzes the state of affairs in major Russian-Indian spheres of practical cooperation to identify successful cases of engagement to build upon as well as its limitations. The authors conclude with a set of recommendations for practitioners to bolster trade, energy and STI cooperation between Moscow and New Delhi.
Russia — India Relations in Broader Geopolitical Context
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... being a country of industrial production, after previously turning to developing countries. The internal causes of these achievements are his policy of de-regulation and tax cuts. External ones include his abrasive offensive mercantilist, and egoistic trade policy, and increased protectionism. Among his main achievements here, he named the replacement of NAFTA with the new USMCA agreement (in fact, the conditions do not differ much, but for Trump the main thing is to declare a “grand victory”),...
... largely still reflects the fundamentals of mid-20
th
century world economy is the emergence of new players that are either global or mega-regional in scale. The advent of mega-regional blocks (TPP-11, possible deal on RCEP, Africa’s continental free trade area) in the past several years will undoubtedly raise the pressure to change the current system towards a greater role for regional institutions. Another challenge is the rising dominance of transnational corporations in the services and high-tech ...
... It sounds like the name of a failed town in a Clint Eastwood western. We all live there now.
– The Wall Street Journal (2008)
In the past several weeks the world’s financial markets have re-entered into higher volatility mode as the ongoing trade dispute between the two largest economies is dashing hopes of speedy improvement in US-China relations. The uncertainty afflicting the markets is further exacerbated by the contradictions between the Trump camp and the Fed, with increasing trade ...
The much anticipated G20 summit delivered some relief from the US-China trade dispute, as the imposition of higher tariffs was postponed. Although there were also bilateral talks between the Russian and US presidents, as well as meetings of the leaders of BRICS economies, the significance of the G20 summit largely amounted ...
... writes Alexander Shokhin, President of the Russian Union of Industrialists and Entrepreneurs, for valdaiclub.com. Because of them, we are much more vulnerable in the face of a global crisis than we could be. If we cannot influence the termination of trade wars, do we not have to prepare for difficult times by eliminating the “weak points” and excessive restrictions?
We have to re-evaluate the picture of the world that has appeared in the last five years, which implies that Russia’s interactions ...
On the potential impact of American sanctions on the Russia – India Arms Trade
The first part of this article has demonstrated that India and Russian enjoy a close military relationship. India makes use of Russian material in all the branches of its armed forces. The material used ranges from munition to vehicles and even ...
On the potential impact of American sanctions on the Russia – India Arms Trade
The Russian Federation is the second largest supplier of weapons globally. In 2016, 21% of global arms sales were Russian. Between 2000 and 2016 Russia accounted for on average
25% of global exports
. During that period 30% of exports went ...
... new law authorizes the president to respond to anti-Russia sanctions in many ways. The main problem today is how to devise a strategy for its application and develop an effective policy of counteraction. A simple set of technical measures to restrict trade is unlikely to have a significant effect. What we need is a truly long-term vision of the problem and an equally long-term planning horizon for counter-sanctions.
The new law has upgraded the existing legal framework. Until quite recently, all Russian ...