Academic Paper from the year 2024 in the subject Politics - International Politics and Country Analyses, University of Mumbai, language: English, abstract: This paper deals with the fluctuating nature of India's trade with Russia, focusing on the challenges and opportunities in key sectors such as machinery, equipment, and military hardware. Despite India's intent to make significant purchases, hurdles like ad-hoc currency utilization and limited export prospects persist. The historical context of Indo-Russian relations, from the Soviet era to post-Soviet adjustments, underscores the complexities faced in economic cooperation. Efforts to revive ties led to agreements on friendship and military-technical cooperation, yet economic relations have not paralleled these advancements. Challenges such as currency disputes and declining trade shares have hindered progress, despite some ongoing cooperation in select sectors. Recent initiatives in telecommunications and energy cooperation show promise, alongside efforts to enhance economic ties through strategic dialogues and regional cooperation. Despite geopolitical challenges, both countries aim to deepen economic engagement beyond traditional sectors, evident in recent joint statements and ministerial-level exchanges. The paper concludes by highlighting potential areas for further collaboration, including temporary manpower exchanges and long-term infrastructure projects.

Auteur

Dr. Shoaib Khan Former member ad-hoc committee, PMRC Pir Makhsdumshah Research Centre, Mumbai, Former Lecturer, Mahim Social Workers' College, Mumbai, Founder and President, ALFAAZ Education and Cultural Society, Mumbai, Former visiting faculty, Department of Civics & Politics, University of Mumbai for Post Graduate Diploma in International Relations, Faculty, Centre for Central Eurasian Studies, University of Mumbai He has done his Masters in Eurasian Studies in combination with Politics jointly from Centre for Central Eurasian Studies and Department of Civics & Politics, University of Mumbai. His M Phil and Ph D are both in Eurasian Studies from Centre for Central Eurasian Studies, University of Mumbai. He is a well-know scholar on Soviet/Russia/Caucasus/Central Asian domestic affairs, foreign policy of Eurasian states, geo-politics in Eurasia. He is having research acquaintance on Eurasian affairs, he has been approached by foreign Universities, journals and television channels particularly from Russia, Turkey, Azerbaijan, Kazakhstan, Romania, United States, United Kingdom for presentations of views and interviews on Russian, Eurasian affairs and other issues related to international relations. He has often approached by Academic Institutions and Universities from abroad and have attended International Conferences, Seminars and Workshops both offline and online and his research articles have been published in many Indian and International Journals from Turkey, Kazakhstan, Romania, United States and Russia There are more than 30 research papers and articles in newsletters and also a book to his credit in various issues in edited volumes and Journals including. He has also reviewed papers for Chatham House Royal Institute for International Affairs, Academia.Edu US, Lomonosov Moscow State University, Russia, QEIOS Journal, London and VESTNIK Journal of RUDN University, Moscow, Russia. At present he is also working on international joint research projects He is also registered as a Social Scientist at ICSSR Indian Council of Social Science Research He specializes in . Russian Foreign Policy . Central Asia and Caucasus . Energy Security in Eurasia . Geopolitics of Russia . Connectivity in Eurasia