Raj Malhotra
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How can India leverage Ukraine war for its Security & Economic benefit?
I think this issue is important enough to have its own thread apart from thread of Ukraine war which is following up actual events. Here we can discuss strategy.
Now, Any crisis in the world is an opportunity to improve our position. In fact all nations do so. USA & China seek ruthless benefits from any crisis or war. So How can India leverage Ukraine war for its benefit?
Recently Russian Foreign Minister Lavrov came to India to seek support. Apart from various other statements made by him, he made an interesting statement that they (Russia) is ready to sell goods that India wants. Which I mean to read that they are ready to sell anything which they have and India wants.
https://economictimes.indiatimes.co...ssian-fm-sergey-lavrov/videoshow/90603092.cms
Russia ready to supply goods that India wants to buy: Russian FM Sergey Lavrov
https://www.businesstoday.in/latest...-ready-to-discuss-it-lavrov-328266-2022-04-01
If India wants to buy anything from Russia, we are ready to discuss it: Lavrov
Russia is facing an existential crisis and fighting a war with its back to the wall. So what can we want from them apart from traditional LNG, Crude Oil, Edible oil, fertilizers etc? Problem is that our Babus are bean counters with no vision, so what can we suggest to them?
Not to forget that Narshima Rao got us lot of technology in 1990s when Soviet Union collapsed. Today we have more money but Russia has very limited things to offer.
The other thing that will motivate Russia is that they cannot be over dependant on China beyond a point. Not to forget that Imran Khan is deposed and Pakistan Army will meddle in Islamic countries bordering Russian southern border and even inside Russian potentially unstable regions. Though this may be a problem for China also in long run.
My list:-
We need technology of explosives, detonators, experimental data of the tests conducted by Soviets, nuclear weapon designs and manufacturing tools.
We should pay well for it. After all our USD 650 Billion reserves are paper whenever USA wants.
We have already ordered 6 civilian nuclear reactors. We should bargain down the price and order order another 6 reactors along with stock of nuclear fuel. We should take up this opportunity to stock up majorly on civilian nuclear fuel.
Lot of foreign companies in software and Banking are quitting Russia. We should ask for preferential treatment of Indian software and Banking Cos to enter Russia. Though I am afraid that most of Indian Cos have western world financial investment and they may not be enthusiastic, but we can examine the issue.
Indian big companies are all bitches of western stock markets and FDI. Look at TATA Sky who cut off Russian TV. Or desi media who are all abusing Russia as they get funds and advertisement from foreign sources.
Hence we should seek preferential treatment for our small exporters in agricultural commodities like tea, coffee spices, or textile goods, shoes. Off course we are even today exporting to Russia but the profits are eaten by big foreign brands. We should try to enter into high value retail brands.
This is a short list, on how we can discuss mutually beneficial trade with Russia. I have other things on mind which I will add later.
I think this issue is important enough to have its own thread apart from thread of Ukraine war which is following up actual events. Here we can discuss strategy.
Now, Any crisis in the world is an opportunity to improve our position. In fact all nations do so. USA & China seek ruthless benefits from any crisis or war. So How can India leverage Ukraine war for its benefit?
Recently Russian Foreign Minister Lavrov came to India to seek support. Apart from various other statements made by him, he made an interesting statement that they (Russia) is ready to sell goods that India wants. Which I mean to read that they are ready to sell anything which they have and India wants.
https://economictimes.indiatimes.co...ssian-fm-sergey-lavrov/videoshow/90603092.cms
Russia ready to supply goods that India wants to buy: Russian FM Sergey Lavrov
https://www.businesstoday.in/latest...-ready-to-discuss-it-lavrov-328266-2022-04-01
If India wants to buy anything from Russia, we are ready to discuss it: Lavrov
Russia is facing an existential crisis and fighting a war with its back to the wall. So what can we want from them apart from traditional LNG, Crude Oil, Edible oil, fertilizers etc? Problem is that our Babus are bean counters with no vision, so what can we suggest to them?
Not to forget that Narshima Rao got us lot of technology in 1990s when Soviet Union collapsed. Today we have more money but Russia has very limited things to offer.
The other thing that will motivate Russia is that they cannot be over dependant on China beyond a point. Not to forget that Imran Khan is deposed and Pakistan Army will meddle in Islamic countries bordering Russian southern border and even inside Russian potentially unstable regions. Though this may be a problem for China also in long run.
My list:-
- Nuclear weapon technology.
We need technology of explosives, detonators, experimental data of the tests conducted by Soviets, nuclear weapon designs and manufacturing tools.
We should pay well for it. After all our USD 650 Billion reserves are paper whenever USA wants.
- SSN & SSBN technology
- Civilian Nuclear Reactors and stock of Uranium
We have already ordered 6 civilian nuclear reactors. We should bargain down the price and order order another 6 reactors along with stock of nuclear fuel. We should take up this opportunity to stock up majorly on civilian nuclear fuel.
- Entry for Indian consumer Cos.
- Entry for Indian software and Banking Cos.
Lot of foreign companies in software and Banking are quitting Russia. We should ask for preferential treatment of Indian software and Banking Cos to enter Russia. Though I am afraid that most of Indian Cos have western world financial investment and they may not be enthusiastic, but we can examine the issue.
- Preferential treatment for our small exporters
Indian big companies are all bitches of western stock markets and FDI. Look at TATA Sky who cut off Russian TV. Or desi media who are all abusing Russia as they get funds and advertisement from foreign sources.
Hence we should seek preferential treatment for our small exporters in agricultural commodities like tea, coffee spices, or textile goods, shoes. Off course we are even today exporting to Russia but the profits are eaten by big foreign brands. We should try to enter into high value retail brands.
This is a short list, on how we can discuss mutually beneficial trade with Russia. I have other things on mind which I will add later.
