Development of trade relations between Russia and India under international sanctions on the basis of the North-South transport corridor
- Authors: Osipov E.A.1
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Affiliations:
- Issue: No 3 (2023)
- Pages: 1-16
- Section: ARTICLES
- URL: https://journals.rcsi.science/2409-8647/article/view/360506
- EDN: https://elibrary.ru/VAIWBC
- ID: 360506
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Abstract
The object of the study is trade relations between Russia and India in the context of modern economic and political conditions, including the impact of the international North-South transport corridor and international sanctions. The subject of the study is a detailed analysis of the dynamics, problems and prospects of these relations, with an emphasis on recent changes in the global political situation and their impact on bilateral trade. The author examines in detail various aspects of trade relations, such as imbalance, diversification and strategic cooperation. Particular attention is paid to the role of the North-South ITC in strengthening economic ties. The study also addresses the issues of parallel imports and the possibility of expanding cooperation in the field of high technologies. The novelty of the study lies in a comprehensive analysis of the existing conditions and prospects for the development of trade between the two countries. This analysis includes exploring opportunities for further strengthening and expanding cooperation, as well as providing valuable insights and strategic recommendations. In conclusion, the study highlights that despite existing obstacles such as infrastructure restrictions and sanctions, there is significant potential for strengthening trade relations between Russia and India, which can contribute to sustainable economic growth and cooperation between the two countries, opening up new horizons for bilateral trade and investment.
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