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The Duran Podcast
Modi in Moscow. India-Russia trade surges
Jul 10, 2024
Exploring the India-Russia economic relationship with a focus on trade imbalance. Delving into the geopolitical dynamics between India, China, and Russia within BRICS amidst US pressure on India.
11:22
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Quick takeaways
- Modi aims to reduce trade imbalance with Russia by reinvesting export earnings and localizing production.
- India's relationships with Russia and China act as strategic restraints against US pressure, strengthening Indo-Russian partnership.
Deep dives
Modi's Meeting with Putin
Modi's trip to Russia is focused on strengthening the close relationship between India and Russia. Despite historical ties and recent advancements in trade and arms deals, there is a significant trade imbalance between the two countries. The primary goal of Modi's visit is to address this issue and find ways to enhance economic cooperation. The meeting aims to explore reinvesting export earnings in India and localizing production to boost trade and collaboration.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode