... indirectly related to American jurisdiction. This is evident from the low share of Indian companies that are subject to administrative and criminal investigations by the US authorities in connection with the intentional or unintentional circumvention of sanctions. Indian companies are rarely subject to such criminal investigations; among the administrative investigations of the US Treasury Department over the past 15 years, the only exception is Godfrey Philips—an Indian tobacco supplier that exported its products ...
... projects such as Arctic LNG 2 and Rosneft. From a long-term energy security perspective, investment appears to be logical and rational. However, this also creates a geopolitical risk due to US sanctions on the Arctic LNG 2 project and other mining related sanctions. Furthermore, there may also be other legitimate unresolved Indian concerns. For instance, due to problems with the German subsidiary of Gazprom, which refused to honor its contract, they were unable to repatriate dividend income from investments in Russia. Media reports indicate that this was about USD 600 million....
... next stage is looming ahead: the building of production chains with the participation of Russian and Indian companies. This is necessary both for Russian enterprises, which will thereby be able to remove at least part of their production from under the sanctions, and for Indian companies, given that hopes for a stable decoupling between the U.S. and China seem to have been dashed, while the amount of Western investment in the Indian economy, which rose sharply a few years ago on the back of aggressive rhetoric by U.S....
... is a mere tenth the value of Russia’s trade with China. The growth is provided mainly by Russian oil supplies. In itself, this is a step forward, especially given the embargo on Russian oil in the US, the EU and other countries that initiated the sanctions. But there are problems with balancing. The imbalance of exports and imports makes it difficult to use rubles and rupees in mutual settlements. Indian business is also very cautious in dealing with Russian counterparties. The Indian market is important for Russia, but India itself, like China, can hardly be considered a “black knight” yet.
The same can be said about Turkey. Trade volumes ...
On September 30, 2022 the Russian International Affairs Council (RIAC) together with the Moscow Chamber of Commerce and Industry held a roundtable Russia – India Energy Cooperation under New Geopolitical Conditions. The event was closed from the public
On September 30, 2022 the Russian International Affairs Council (RIAC) together with the Moscow Chamber of Commerce and Industry held a roundtable Russia ...
... revoke them completely. There is a kind of institutional inertia in the EU as well and there is a need for consensus. Some countries will never support that.
Borah Rupakjyoti:
Vostok 2022: India’s Participation in Military Exercises
The reality is that sanctions is a long-term challenge—but it does not preclude India and Russia from developing a new bilateral paradigm. Russian side will have to intimate their Indian friends about projects in Russia, provide better investment conditions, raise awareness about Russia, its culture, and markets, etc. Russia should ...
... conference is being held in Mumbai (India), organized by Elara Capital investment bank
On September 5–9, 2022, the Ashwamedh — Elara India Dialogue 2022 conference is being held in Mumbai (India), organized by Elara Capital investment bank. The Indian analytical center Gateway House, RIAC long-term partner, took an active part in organizing the conference.
On September 5, Ivan Timofeev, RIAC Director of Programs, RIAC member, spoke at the session on sanctions as a new tool of warfare. The meeting was also attended by Mikael Wigell, Research Director at the Finnish Institute of International Affairs, and David Rasquinha, former Managing Director of the Export-Import Bank of India.
On the sidelines ...
... round table titled “Russia-India Cooperation under the Impact of Sanctions”
On April 12, 2022, Russian International Affairs Council (RIAC) and Gateway House held a closed-door round table titled “Russia-India Cooperation under the Impact of Sanctions”.
Russian and Indian experts discussed general trends of bilateral collaboration as well as emerging obstacles and new windows for cooperation under mounting sanctions pressure from the West. Special attention was paid to the energy and finance areas.
Ivan Timofeev,...
..., though less pronounced.
5. Russia has long been a permanent and priority target of Western economic sanctions. And Western sanctions have now got as bad as they can be. Pressure will cease to increase, because it can be no worse. Russia already buys ... ... partner-potential to a tech production which rivals and, in several cases, surpasses that of the combined West. The same with India. For instance, in computing, India has world-class technology. Finally, we have to see technology in a deeper perspective....
....com/2018/12/mattis-on-5-5-billion-india-russia-s-400-deal-well-work-everything-out/
3
. The Construction of Frigates for Indian Navy to be finished by 2023 // TASS. April 23, 2019. URL:
https://tass.ru/armiya-i-opk/6381736
4
. India inks over $3 billion deal with Russia for nuclear submarine despite the treatment of U.S. sanctions // The Times of India. March 8, 2019. URL:
https://timesofindia.indiatimes.com/india/india-inks-over-3-billion-deal-with-russia-for-nuclear-submarine-despite-the-threat-of-us-sanctions/articleshow/68308925.cms
5
. Trends in International Arms Transfers (2018). SIPRI....
