Indo - Russian Economic Relations: Course and Way Forward

For a considerable period, of time Russia has been a reliable ally for India. Bilateral ties are an important part of India's foreign policy, and Russia has always been a reliable partner for the nation. Since the Cold War, the bilateral ties between India and Russia were established. The bilateral alliance between India and Russia is built on six key pillars: politics, defense, civil nuclear energy, counter - terrorism, trade, and space. India and Russia participate in a number of global conferences together, including the BRICS, SCO, and RIC. In addition to endorsing India's offer to take part the NSG, Russia actively favors India obtaining a permanent seat on the UN Security Council (Nuclear Suppliers Group). In international relations, tactical independence is essential. Provided Russia's hegemony in the Eurasian region, India requires close financial and technical ties with Russia. Activity autonomy ? Even after its close relations with the United States, India cannot choose to distance itself from Russia, which has a wide range of bilateral relations with India. India and Russia have a long tradition of friendship shared confidence and reciprocal advantageous partnership. This is a diplomatic relationship that has existed for a long time and has the citizens of both nations behind it.