Formation of BRICS and EU’s sanction on Russia yields greater bilateral trade between India and Russia: A structural break analysis
Journal: International Journal of Foreign Trade and International Business
Year: 2020

Developing countries at present have diatribe against hegemonic policies of the West. Among them BRICS countries are the strongest group challenging economic policies which are biased towards developed countries. This led to greater export/import momentum among these countries. The present paper examines the impact of formation of BRICS and ongoing rift between Russia and EU on Indo-Russian bilateral trade.