| External Affairs Minister S Jaishankar L and Russian Deputy Prime Minister Denis Manturov at a Russian Indian business forum organised jointly by the Ministry of External Affairs Federation of Indian Chamber of Commerce Industry New Delhi April 17 2023 | MR Online External Affairs Minister S. Jaishankar (L) and Russian Deputy Prime Minister Denis Manturov at a Russian-Indian business forum organised jointly by the Ministry of External Affairs & Federation of Indian Chamber of Commerce & Industry, New Delhi, April 17, 2023

Pivotal moment in India-Russia relations

Originally published: Indian Punchline on April 25, 2023 (more by Indian Punchline)  |

Most relationships undergo transition with the passage of time from appreciation of each other to a “state of having,” a desire to possess or even to control the other. But the present pivotal moment in the Russian-Indian relationship shows that an equal relationship does not fall into that trap.

External Affairs Minister S. Jaishankar drew attention to this salience while addressing a Russian-Indian business forum last week in Delhi, when he called the relationship among the “steadiest” in global relations, and pointed out that the partnership is drawing so much attention today not because it has changed but because it has not.

The “liberal internationalist” camp in the Indian media and think tank circuit and ill-informed sections of opinion who launched an assault on the Indian stance on Ukraine crisis are lately grasping the raison d’être of the government’s handling of the fraught situation that carried risks of a potential confrontation between the West and Russia.

All signs are that Washington, from where Indian lobbyists usually draw encouragement, too has decided to reconcile itself to the Modi Government’s unambiguous message to the West that India will pursue a relationship with Russia in its self-interest and will go in whichever directions its interests lie.

Thus, a commentary by the Voice of America took note on Sunday against the backdrop of a 50-member Indian business delegation setting out for Russia in an initiative to deepen economic ties:

India and Russia are also in talks for a free trade deal… Moscow has become India’s largest supplier of crude oil… New Delhi has not joined U.S.-led Western sanctions on Moscow or condemned Russia’s invasion of Ukraine outright but has been calling for a negotiated resolution of the conflict. It is also continuing to step up its economic engagement with Russia despite Western calls to gradually distance itself from Moscow.

Even though New Delhi has strengthened strategic partnerships with the United States and other Western countries in the last two decades, it maintains close ties with Moscow… While Western countries want India to decrease its reliance on Russian imports to isolate Moscow over the Ukraine war, New Delhi has remained firm in maintaining its economic engagement with Russia.

The above excerpts acknowledge that on its part, India is also signalling that this paradigm need not necessarily be construed as a zero-sum game and Washington is accepting, even if grudgingly, that it cannot bully India into submission. Arguably, President Biden’s invitation to Prime Minister Modi for a state visit to the White House in June and his subsequent decision to take part in the G20 Summit in New Delhi in September testify to the U.S.’ creative response to the robustness of Indian diplomacy to sequester ties with Russia from predators.

The real challenge facing the Biden administration, though, is to take the U.S.-Indian relationship out of the rut of a quintessentially transactional relationship and create a genuine partnership of mutual benefit, which, from the Indian perspective, fits into Modi’s road map to “transform India into a developed country” though the coming quarter century, as he put it in a public speech in Kochi on Monday.

To be sure, the Indian expectations are riding high on development and Delhi will not be content with a mere subaltern role in the US’ global strategy. The U.S. and its allies see India as a “balancer” in the Indo-Pacific, but quite obviously, New Delhi has bigger plans.

The Russian proposal to make use of its vast export earnings out of oil sales to India by investing the funds in manufacturing industry in India for export to Russia; the deal on adopting the Russian financial messaging system for cross-border payments; the acceptance of Indian Ru-Pay cards and UPI in Russia and Russia’s MIR cards and Fast Payments System in India; the operationalisation of the Maritime Corridor connecting Vladivostok and Chennai–these testify to the keenness of both countries to put in place the necessary underpinnings for a massive expansion of the Russian-Indian trade and economic ties in the very near future.

Jaishankar’s speech at the business forum last week stressed the imperative need to boost India’s exports to Russia while his Russian counterpart in the inter-governmental joint economic commission Russian Deputy Prime Minister Denis Manturev called for intensifying negotiations on a free trade agreement with India and working on an investment protection pact.

Bilateral trade has crossed $45 billion–something unthinkable until Russia turned its back on the West and began pressing the pedal on alternative partnerships in Asia to replace the European partners. On its part, the Modi government has been quick to seize the new opportunity, especially at a time of post-pandemic recovery and the inflation-ridden European and U.S. economies sliding into recession.

This is a golden opportunity for India to gain special privileged access to the vast mineral resources of Siberia and the Russian Far East and the contemporary El Dorado of the Russian Arctic. There is great complementarity here insofar as India with its growth trajectory, presents itself as a long-term market for Russia’s resource-based industry across the board.

There are no contradictions really in the Russian-Indian relationship. Some Indian analysts keep parroting the U.S. propaganda that Russia is becoming China’s “junior partner” and that is eroding the Russian-Indian mutual trust. This calumny stems out of either a flawed understanding or, more likely, a deliberate, contrived distortion that does not take into account the reality that Russia and China are “civilisation states,” each in its own right–and they are neighbours with a troubled history–which simply does not allow them to opt for a relationship in a hierarchical order that a formal alliance entails.

The heart of the matter is that Indian ingenuity lies in creating synergy out of the dynamic Russian-Indian-Chinese [RIC] triangle that could create an optimal external environment for its foreign policies to operate regionally and globally. The entrenched narrative on Sino-Indian relationship, which successive Indian governments have fostered, poses an impediment. That said, it is not a legacy of the Modi government.

Russia is well-placed to create verve in the RIC triangle as its bilateral ties expand and deepen with both China and India. Modi government pursues a “de-ideologised” foreign policy riveted on national interests. This is only to be expected as the world order changes, since India is looking to maximise its interests and embrace a larger strategic and security role for itself.

However, fundamentally, India remains a stakeholder in a democratised multipolar international order. Russia appreciates this nuance and has never been prescriptive.

Monthly Review does not necessarily adhere to all of the views conveyed in articles republished at MR Online. Our goal is to share a variety of left perspectives that we think our readers will find interesting or useful. —Eds.