Foreign Trade Policy in the Context of Current Russian-Indian Cooperation

Authors

  • Aleksandr Aleksandrovich Tkachenko Finance University under the Government of the Russian Federation
  • Karina Maratovna Gil'manova Finance University under the Government of the Russian Federation
  • Mariya Aleksandrovna Trofimova Finance University under the Government of the Russian Federation

DOI:

https://doi.org/10.24412.2072-8042-2021-2-98-111

Keywords:

foreign economic policy, Russian-Indian cooperation, free trade agreement, export of IT services, EAEU, East Asian integration, strategic partnership, Far East region

Abstract

In the article, the authors examine the current issues of Russian-Indian trade and economic relations and note that the mutual trade has not experienced significant expansion. Particular attention is paid to the negotiations on a Free Trade Agreement between the EAEU and India, considering the similar agreements that India has. The importance of air communication between the regions of the Russian Far East and Indian metropolises is emphasized and the need to conclude an Open Skies Agreement is underlined. It is shown that Russia should make longterm decisions on Russian-Indian cooperation, since medium-term decisions do not allow private business to plan strategically and do not take into account the needed changes in the institutional framework, which take time to accomplish.

Author Biographies

Aleksandr Aleksandrovich Tkachenko, Finance University under the Government of the Russian Federation

Doctor of Economic Sciences, Professor
Place of work, post: Finance University under the Government of the Russian Federation (49 Leningradsky Prospekt, 125993, Moscow) - Deputy Director of the Institute of International Economic Relations Studies

Karina Maratovna Gil'manova, Finance University under the Government of the Russian Federation

Place of work, post: Finance University under the Government of the Russian Federation (49 Leningradsky Prospekt, 125993, Moscow) - Bachelor’s degree in international economic relations

Mariya Aleksandrovna Trofimova, Finance University under the Government of the Russian Federation

Place of work, post: Finance University under the Government of the Russian Federation (49 Leningradsky Prospekt, 125993, Moscow) - Bachelor’s degree in international economic relations

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Published

2024-01-28

How to Cite

Tkachenko, A. A., Gil’manova, K. M., & Trofimova, M. A. (2024). Foreign Trade Policy in the Context of Current Russian-Indian Cooperation. Russian Foreign Economic Journal, (2), 98–111. https://doi.org/10.24412.2072-8042-2021-2-98-111

Issue

No. 2 (2021)

Section

Foreign economic relations of the Russian Federation

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