New Delhi refuses to allow the war in Ukraine to penalize its population. But it seems skeptical of the ideological and strategic bloc that Russia is inviting him to join.
In 2022, India and Russia traded more than €32 billion worth of goods. This sum, two and a half times higher than in 2021, is largely linked to the sale of cheap oil to India. India has opened several so-called "Vostro" accounts, which Russian banks can use to charge in rupees.