A year is a long time in politics. In 2019, there was excitement and hope. Roman Babushkin, the Deputy Ambassador for Russia in New Delhi declared that “The FTA between India and the Eurasian Economic Union is a priority project for all of us and we are moving towards the early conclusion of the agreement.”
At that time, it was forecast that (https://www.india-briefing.com/news/india-and-russia-looking-to-triple-bilateral-trade-to-us30-billion-by-2025-21152.html/) India and Russia are aiming to achieve US$30 billion in annual bilateral trade by 2025, an increase on the US$10 billion traded in 2019.
The year 2020 changed much for the world. For India, the excitement was replaced with anxiety, as the coronavirus epidemic caught the country napping. It could have shut down flights in the last two months of 2019 but waited till March. By then, the pandemic was causing economic havoc in India.