India russia

  1. Why India Walks a Tightrope Between US and Russia
  2. Why India still hasn't criticized Russia's invasion of Ukraine : NPR
  3. Exclusive: India, Russia suspend negotiations to settle trade in rupees


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Why India Walks a Tightrope Between US and Russia

As the Cold War split the world into two camps starting in the 1950s, newly independent India became a founder of the Non-Aligned Movement — a group of countries that officially sided neither with Washington nor with Moscow. Today, Prime Minister Narendra Modi has advanced an inverted version of the policy, picking and choosing relationships that he believes best suit India’s interests. Most notably, the South Asian nation is deepening security links with the US — with which it shares concerns about an increasingly assertive China — while snapping up military hardware and cheap crude oil from Russia. The question is, how long it can stay close to both sides while they themselves pull further apart over the war in Ukraine? With India chairing the Group of 20 nations this year, the dance has become more delicate. India and the US have been strategic partners for at least two decades, meaning they can build relationships and cooperate militarily but aren’t formal, treaty-bound allies. While they have much in common — both large, heterogeneous democracies — New Delhi doesn’t feel bound to sync its worldview with Washington’s. For a long time, India was leery of the US, largely because of its close military and security ties with Pakistan, India’s neighbor and archrival. But the relationship has improved in large part due to China’s emergence as a new, rival power. The US has enlisted India as a member in the so-called Quad grouping, an alliance of democracies in the Indo-Pacif...

India

India–Russia relations ( Traditionally, the Indo-Russian strategic partnership has been built on five major components: The IRIGC (India-Russia Intergovernmental Commission) is the main body that conducts affairs at the governmental level between both countries. [ citation needed] In addition, Russia has expressed interest in joining India is the second largest market for the [ failed verification] India has an According to a 2014 History [ ] Goods uncovered from archaeological site such as Khozheniye za tri morya). In the 18th century the Russian cities In 1801, India and the Soviet Union [ ] Stalin had a negative view of Gandhi and the Congress Party, and of Nehru, as tools of the British and monopoly capitalism. Before his death in 1953 relations were cold. Russia had wanted to strengthen commercial, cultural and literary ties with India, and had wanted to open diplomatic office in India at least since 1860, but the then British government in India was against it. The first consulate of Russia was opened in A cordial relationship began in 1955 and represented the most successful of the Soviet attempts to foster closer relations with Third World countries. The Soviet Union's strong relations with India had a negative impact upon both Soviet relations with the [ citation needed] This disparity became another point of contention in Sino-Soviet relations. In 1962 the Soviet Union agreed to transfer technology to co-produce the In 1965 the Soviet Union served successfully as...

Why India still hasn't criticized Russia's invasion of Ukraine : NPR

Russian President Vladimir Putin meets with India's Prime Minister Narendra Modi on the sidelines of the Shanghai Cooperation Organisation leaders' summit in Samarkand, Uzbekistan, on Sept. 16, 2022. Alexandr Demyanchuk/Sputnik/AFP via Getty Images hide caption toggle caption Alexandr Demyanchuk/Sputnik/AFP via Getty Images Russian President Vladimir Putin meets with India's Prime Minister Narendra Modi on the sidelines of the Shanghai Cooperation Organisation leaders' summit in Samarkand, Uzbekistan, on Sept. 16, 2022. Alexandr Demyanchuk/Sputnik/AFP via Getty Images MUMBAI — In the year since Russia's full-scale invasion of Ukraine, Western democracies have condemned Moscow, slapped wide-ranging sanctions on it, cut back on Russian oil and gas and sent unprecedented amounts of arms and ammunition to help Ukraine defend itself. But the world's biggest democracy — India — hasn't done any of that. India has solidified ties with Moscow. Prime Minister Narendra Modi Meanwhile, as Europe eschews Russian oil and gas, India has doubled down on buying Russian oil at bargain prices — much to Washington's chagrin. And India continues to place orders for Russian-made weapons. All this is a reminder that, a year into this war, condemnation of Russia is far from unanimous. Much of the global south actually sees the West's focus on Ukraine as a distraction from other, more pressing issues like food security, inflation and mounting debt. Analysts and political scientists cite four main ...

Exclusive: India, Russia suspend negotiations to settle trade in rupees

NEW DELHI/MUMBAI, May 4 (Reuters) - India and Russia have suspended efforts to settle bilateral trade in rupees, after months of negotiations failed to convince Moscow to keep rupees in its coffers, two Indian government officials and a source with direct knowledge of the matter said. This would be a major setback for Indian importers of cheap oil and coal from Russia who were awaiting a permanent rupee payment mechanism to help lower currency conversion costs. With a high trade gap in favour of Russia, Moscow believes it will end up with an annual rupee surplus of over $40 billion if such a mechanism is worked out and feels rupee accumulation is 'not desirable', an Indian government official, who did not want to be named, told Reuters. India's finance ministry, the central Reserve Bank of India and Russian authorities did not immediately respond to requests for comment. The rupee is not fully convertible. India's share of global exports of goods also is just about 2% and these factors reduce the necessity for other countries to hold rupees. India started exploring a rupee settlement mechanism with Russia soon the invasion of Ukraine in February last year, but there has been no reported deal done in rupees. Most trade is in dollars but an increasing amount is being carried out in other currencies like the UAE dirham. The two sides have spoken about facilitating trade in local currencies but the guidelines were not formalised. Russia is not comfortable holding rupees and wa...