Reported by Tripti Garg

In February 2022, Putin began his special ops in East Ukraine in a bid to make the Donbas region free of Ukranian Neo Nazis. The attack led to immediate pushback from the American led west coalition and they tried the strongest missile in their arsenal – the economic sanctions missile. In 2014, when Russia had annexed Crimea, US effectively crippled Russian economy with Economic sanctions. They had decided to use Sanctions with the same effect this time as well but the world had changed in the last 8 years. In India, Prime Minister Narendra Modi was in his second term with a full majority government. He decided to shield Putin. And it was super effective. India with its large fuel and gas consuming economy eased the blow. At a time when China was under Economic duress, India was and still is rising high with his burgeoning economy, adding a trillion dollars to its economy every 4 years.

Biden threatened India. Boris Johnson threatened India. Trudeau is still throwing tantrums. But India stayed firm. And now it has taken things to a whole new level.

India and Russia have achieved a groundbreaking milestone in their economic partnership, with trade between the two nations surpassing an impressive $50 billion. This remarkable feat represents a substantial surge, showcasing an astronomical increase when compared to previous years. Despite geopolitical challenges and opposition from the United States, India and Russia have forged deeper economic ties.

For instance, defense collaborations, including the production of India-Russia joint Brahmos missiles to the purchase of Russian-made military equipment, have contributed significantly to this escalation in trade. Additionally, the energy sector has played a pivotal role, with India purchasing Russian oil and gas in huge quantities . This record-breaking trade not only underscores the resilience of the India-Russia partnership but also signals a shift in global economic dynamics.

From a shared podium in Moscow, Indian Foreign Minister Subrahmanyam Jaishankar emphasized the enduring strength of the Special and Privileged Strategic Partnership between India and Russia. Underlining this diplomatic commitment, bilateral trade has seen substantial growth, with prospects of reaching $100 billion in the near future.

To illustrate, security alliances have flourished, with India procuring advanced military technology from Russia. This not only enhances India’s defense capabilities but also strengthens economic bonds.

Read full report: https://tfiglobalnews.com/2024/01/02/the-country-that-saved-russia-post-american-sanctions/amp/