The recent India-Russia Annual Summit signals a potential shift. Experts highlight the significance of new trade agreements, but caution that while enhanced cooperation with Russia can provide some relief,

A two-day India-Russia business forum is slated to kick off here on December 4-5, coinciding with Russian President Vladimir Putin’s visit to India which is aimed at boosting trade and investment relations between the two countries.

Anton Kobyakov, an advisor to the Russian President, said that India is one of Russia’s key partners and that trade between the two countries has grown nearly seven times in the last five years.