Which primary trade partner of India suffered setbacks that ultimately helped lead India to embark on economic reform?

Question

Quizplus · Accepted Answer

The primary trade partner that suffered setbacks and ultimately helped lead India to embark on economic reform was the Soviet Union. India had been dependent on Soviet aid, which dwindled after the collapse of the Soviet Union. This led to a balance of payments crisis in India and sparked the need for economic reform.

Which Primary Trade Partner of India Suffered Setbacks That Ultimately