RIAC :: Russia,INSTC

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Recalibrate India — Russia Relationship

... necessary conditions for improving trade between two nations. The Joint Feasibility Study Group (JFSG) instituted by India and EAEU authorities painted a similar picture. Both reports emphasized the success of the International North-South Trade Corridor (INSTC) and the creation of “Green Corridor” between India and Russia to achieve the USD 30 billion trade goal by 2025. Both countries must explore the opportunities to collaborate and lead joint ventures in the Indo-Pacific wherever feasible. The collaboration has to include areas other than defense trade to diversify ...

26.09.2018

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INSTC: India-Russia’s Trade to Get a Major Boost

... different from much longer and costlier Suez Canal that India used earlier to transport goods to Russia. This new route will help connect India with Russia within 16-21 days at competitive freight rates leading to development of trade on the INSTC. The INSTC is a joint initiative launched by India, Iran, and Russia in September, 2000 to facilitate shipments and logistics. The agreement came into effect in May, 2002 after being ratified by all three signatory states. The initiative did not receive much favor during the early years. The development was slow ...

20.09.2017

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Poll conducted

In your opinion, what are the US long-term goals for Russia?

U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements	33 (31%)
U.S. wants to deter Russia’s military and political activity	30 (28%)
U.S. wants to dissolve Russia	24 (22%)
U.S. wants to establish alliance relations with Russia under the US conditions to rival China	21 (19%)