Working Paper No. 83 / 2024
Working Paper No. 83 / 2024
The following working paper presents the results of foreign economic activity of the Eurasian Economic Union (EAEU) following its establishment. The author carefully analyzes free trade zone agreements (FTZs) as a key tool for developing the Union’s foreign economic relations. Additionally, the author assesses the effectiveness of existing EAEU FTZ agreements ...
... region, not only influencing them.
India's approach to the South Caucasus not only correlates with Russian and Iranian regional interests, but also complements them. In this regard, discussing regional issues on existing international platforms involving Russia, Iran and India (e.g. EAEU and BRICS), which Iran has already joined, may be of some interest. There are at least two identifiable instances where Turkey’s may clash. With this in mind, a political or diplomatic response from Ankara cannot be excluded.
... Pakistan’s Operation Searchlight.
Many of the 1971 refugees from Bangladesh with their descendants still live as unrecognized Indian citizens in Assam, eastern India. Back then, India seized the moment, both to stop the war, stop the flood of refugees,... ... restrained the Americans, due to sudden
risk
of a direct (potentially nuclear) confrontation with the Soviet Union. This debt to Russia is, however, not well remembered in India today.
The US even went further with dirty tricks in support of West Pakistan ...
... secure communication challenges etc. Nurturing hopes for stability and prosperity in Eurasia in the post pandemic world, bilateral relations between India and Russia and their proactive role in regional mechanisms such as SCO, Eurasian Economic Union (EAEU), and Russia-India-China (RIC) are viewed as an integral part of this construct. Regional connectivity needs due attention including the successful execution of alternative economic corridors and maritime trade corridors.
In conclusion, the signing of the milestone ...
... between the EAEU members and India is still low. The trade volume between New Delhi and the member states stood at $7.3 billion in 2016, a dip from $7.6 billion in 2012. In contrary, India’s trade volume with the US and China is higher than its with the EAEU countries, including Russia.
Defence and Space
Debasis Dash:
Recalibrate India — Russia Relationship
On the defense sector, India and Russia have traveled a long way from a buyer-seller relationship to equal partnership through their joint ventures. During the 2019 summit, a major breakthrough has been achieved: India-Russia ...
... developments also open new opportunities for broad cooperation within BRICS and the consultative mechanism of three SCO members — Russia, India, and China (known as RIC). The next RIC meeting is scheduled to take place alongside the upcoming BRICS summit in Osaka ... ... Afghanistan. In this regard, it is necessary to note the progressive growth of interaction within the Eurasian Economic Union (EAEU), which celebrated its fifth anniversary on the eve of the SCO summit. Let us not forget that four out of eight SCO members ...
... markets than Russia.
A survey report
on the prospects of Free Trade Agreement (FTA) between India and Eurasian Economic Union (EAEU) prepared by Federation of Indian Chambers of Commerce (FICCI), has highlighted the series of challenges faced by the Indian businesses in the EAEU region. Over 80% of the total respondents have their businesses in Russia and expect better market access, visa regime and investment security as necessary conditions for improving trade between two nations. The Joint Feasibility Study Group (JFSG) instituted by India and EAEU authorities painted a similar picture. Both ...
... ecosystem.
Approximately a decade ago, geostrategists borrowed the biological term and gave it a different spin. It was originally Indian and Japanese strategists that discovered, so to speak, the geopolitical Indo-Pacific, justifying the strengthening of bilateral ... ... Indo-Pacific to fall under the historical sphere of Indian cultural influence (something like the Indian World, compared to the Russian World), while others suggest including China and even Russia within the construct of the Indo-Pacific. Whatever the case ...
... inter-regional and global structures gravitate towards Eurasia in one way or another. This means that the SCO is still facing institutional competition, albeit in an implicit and relatively mild form. We have already mentioned the SCO’s rivalry with the EAEU, but this is not the only possible scenario.
For example, the BRICS organization (which includes Brazil, Russia, India, China and South Africa) is based on the Eurasian triangle of Russia, India and China (the “RIC” part of the acronym). Now that India is a member of the SCO, the latter has come to reproduce, somewhat belatedly, the Eurasian triangle of BRICS; ...
As a constant of history, the nation States are busy in trying to adapt to the highly unstable geo-strategic environment. As the countries pursue their national interests, new alliances are emerging and the global order is in a flux. Indian so-called strategic partnership with the U.S is an example in which New Delhi has latched on to Washington’s weakness to contain a rising China and resurgent Russia. In order to gain balance in Asia-Pacific region, the U.S. has formed an axis with India and has sidelined its traditional nuclear non-proliferation goals as a quid pro quo to appease New Delhi. Instead of taking seasoned counsel of the likes of ...
