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India Says Economic Cooperation With Russia Has Grown ‘Very Significantly’

India says economic cooperation with Russia has expanded significantly, despite geopolitical tensions, reflecting stronger trade, energy, and investment ties between both countries.

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Sier John Lewis

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5 min read
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India Says Economic Cooperation With Russia Has Grown ‘Very Significantly’

India says economic cooperation with Russia has grown significantly, with trade, energy, investment, and industrial partnerships strengthening in recent years. Officials describe the relationship as resilient despite international tensions and changing global alliances. Cooperation has included energy supplies, defense-related industries, agriculture, and efforts to increase transactions using national currencies. New agreements could further expand commercial links, although sanctions, payment challenges, and geopolitical pressure remain obstacles. Both countries are expected to pursue closer economic coordination while protecting their broader strategic interests.

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