Indien und Russland wollen bilateralen Handel bis 2030 um 50 % steigern

https://asia.nikkei.com/Economy/Trade/India-and-Russia-look-to-boost-bilateral-trade-by-50-by-2030

21 comments

  1. I’d imagine Russia would fall by then in a political sense

  4. Almost like the relationship between two countries is independent of how other countries view them

  6. Hugging a dictator who is bombing children hospitals and calling him a friend. Indians should leave europe and usa and live in ruzzia

  9. Everyday I wake up, and I thank the almighty lord that no redditors are in charge of any country’s geopolitical policy making.

  10. Good. War is not our business. India must look for it’s own profits.

  11. Indian is never becoming a world power. They have no sauce. Just people.

  12. >The two countries have set an ambitious bilateral trade target of $100 billion by 2030, up by 50% from the current $66 billion.

    $66 billion is low compared to India’s trade to other country. And also that the trade balance is skwered towards -55%, favouring Russia.

    >While the $100 billion trade target appears achievable, India’s main concerns are about containing the $57 billion trade deficit and finding an effective payment mechanism for transactions with Russia, said Ajay Srivastava, co-founder of the New Delhi-based think tank Global Trade Research Initiative (GTRI).

    It seems Modi governement is hell bent on Rupee-Ruble, they have done trade with this method before but here’s the problem, Russia is asking no USD but Yuan and India refuse to use Yuan, tho’ oil companies have had used Yuan to purchase them eariler if my memory serves me right.

    >In the financial year that ended in March, India’s exports to Russia amounted to just $4.26 billion, while its imports, mainly crude oil and petroleum products, stood at $61.43 billion, totaling $65.69 billion and skewed heavily in favor of Moscow. The total also jumped by 33% over the previous year’s $49.36 billion.

    >The share of crude oil and petroleum products in India’s imports was 88%, according to a GTRI report. On the positive side, India is getting Russian oil at below-market rates, and “this cuts India’s overall oil import bill,” Srivastava noted.

    >India is looking at how it can tap greater export opportunities such as supplying goods that Russia can’t get from other countries due to the sanctions. “We are also looking at the rupee-ruble trade. … It’s a twin strategy [that] we are working on,” Indian Commerce Secretary Sunil Barthwal told reporters on July 15.

    Best interest is the good interest.

  13. Considering the sensitivities over Kashmir one would think India might give a shit about another country’s territorial integrity, but that would have to assume Modi had any integrity to begin with.

  15. Who’d have thought the primary country housing scamming call centres also makes questionable political-trade decisions.

  16. This is a mistake. Many Indians are trying to immigrate to westen countries for a better life. They will be associated as people who help the Russians and will be stuck in India.

  17. India looking for cheap resource prices as Russia is losing the European countries Putin looking isolated and desperate to shake hands with anyone that will because as war criminal getting hard to meet world leaders.

  18. I see the hypocrisy of the west here. When ukraine sold Pakistan weapons it was just business, but when india does trade with Russia they preach about taking sides.

  19. As far as Russia goes 50% of nothing is still nothing, they don’t have much to trade because they don’t make much because their industrial logistics are stuck in the 1950s.

  20. I used to look at made in India tags as a good improvement on made in China, but between Indias support for Russia and the fact that the govt is quickly becoming authoritarian, it no longer seems like a good country to support with my trade dollars. Indian SDE on reddit has been over 9000 lately, so thanks in advance for the downvotes.

  21. India is a rat. Those type the plays in both sides, never trust them. At least we know what position Russia is

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