A recent statement by Russian Trade Representative Alexander Rybas, on the 70th anniversary of commercial ties between Russia and India, highlighted the need for increasing bilateral trade, which in the changing geopolitical framework assumes significance with the rise of China, US’s indeterminate Indo-Pacific policy, and a multi-polar Asian paradigm. In his statement, the trade representative highlighted that the withdrawal of Western countries from Russia has opened opportunities for Indian pharmaceutical, energy, and food industries to expand their footprint in that country, which promises to further consolidate the trade relations between the two nations