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‘Investing in Russia Ties, An Exercise in Strategic Autonomy’
November 29, 2025
|BW Businessworld
KANWAL SIBAL, former Foreign Secretary and Chancellor, Jawaharlal Nehru University on the significance of President Putin's visit to India, and the high importance accorded to the visit by PM Modi
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TODAY, Russia-Europe ties have collapsed.
Russia-US relationship remains uncertain. The Ukraine conflict continues. Russia remains under sanctions. President Trump keeps changing his positions. He has disrupted the global trading system. His policy on China is not clear.
Trump has caused a serious setback to relations with India. He has now imposed oil sanctions, sanctioning oil companies in Russia, which will affect our oil trade with Russia. So, if you look around, the whole global situation is very uncertain.
Russia is under pressure. India has some new pressures from the United States and Europe. So, in this situation, the only stable relationship that exists is between India and Russia -- despite Russia being under pressure.
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