... potential for further growth. The following report proposes paths for expanding bilateral economic ties, assessing the current dynamics in trade, investment flows, technology exchange, and labor mobility. The authors analyze the impact of international sanctions on bilateral cooperation, examine challenges and opportunities in high-tech sectors, and provide recommendations aimed at strengthening the Russia–India economic partnership.
Toward More Balanced Russia–India Economic Relations
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... unlikely to be the last—unless the cost of the current invasion proves prohibitive for all parties involved. The situation offers several important lessons for Russia.
Ivan Timofeev:
Military Operation Against Iran: A Realistic Scenario?
Lesson 1: Sanctions are followed by the use of military force
The United States has imposed sanctions on Iran since the Islamic Revolution in 1979. While Iran has withstood this economic pressure, the damage has been significant. It grew further as Washington succeeded ...
The key objective of sanctions—influencing the “behaviour” of the target country—is shifting to the “behaviour” of third countries
One of the hallmarks of Donald Trump’s foreign policy has been the active use of tariffs against allies, partners, and adversaries....
... helped overcome a protracted economic crisis. The next stress test began in 2022, amid a severe setback in relations between Russia and the “collective West”. Contrary to expectations of a collapse in Russian-Indian trade due to the risk of secondary sanctions, India’s role in Russian foreign economic relations has increased manifold. It is noteworthy that the declarations of the summits of the two countries’ leaders have focused on specific economic objectives and hardly touched on political ...
... and economic influence in the region will now depend less on ownership of key assets and more on its ability to offer Serbia benefits that outweigh the costs of Western pressure and countermeasures
Belgrade’s reluctant move to comply with American sanctions and force Russia out of its energy industry exposes the real limits of national sovereignty in a world where the United States is asserting its will with increasing disregard for established norms and rules.
The fate of the Serbian company Naftna ...
... NATO, a vast cultural legacy of alliance relations, and close economic ties. Are we witnessing a fluctuation, albeit acute, but reversible? Or are we witnessing a fundamentally new trend that will only manifest itself in the future?
Ivan Timofeev:
New Sanctions as a Political Signal
The relationship between the US and its NATO allies in Europe have experienced multiple crises throughout their history. For example, in 1956, the Suez Crisis erupted following the nationalisation of the Suez Canal by ...
... experience in effectively countering Western unilateral coercive measures (UCMs)—unprecedented in their scale and scope—has attracted keen interest from friendly states, including those already subject to such restrictions.
The negative impact of Western sanctions on Russia has been mitigated by ensuring fiscal stability, pursuing a responsible monetary policy, maintaining low public debt, and painstakingly building a resilient financial infrastructure. This infrastructure now guarantees the uninterrupted ...
The economic competition between “bullets and armour” continues
The eighteenth package of EU sanctions was marked by a focus on the energy sector. From the very beginning of the Special Military Operation (SMO) in 2022, Brussels has placed particular emphasis on measures restricting the Russian fuel and energy sector. Bans were introduced and ...
... delivered the keynote presentation. In his remarks, he focused on the evolving dynamics of Russian–Iranian relations, noting that the expiration of Resolution 2231 and the triggering of the “snapback” mechanism did not result in major changes, as most sanctions had already been reimposed following the U.S. withdrawal from the JCPOA.
The world is entering a critical phase where the legitimacy of sanctions, the integrity of international law, and the resilience of global energy systems are under scrutiny
The recent imposition of sanctions by the United States on two of Russia’s major oil companies has once again highlighted the counterproductive ...
