>>>>>>> Configuration with static route VRFs reversed <<<<<<<<<<
!         
ip vrf Blue
 rd 3:3
 route-target export 3:3
 route-target import 1:1
!
ip vrf Red
 rd 1:1
 route-target export 1:1
 route-target import 3:3
!
!
interface Ethernet0/0
 ip vrf forwarding Red
 ip address 192.168.12.2 255.255.255.0
!
interface Ethernet0/1
 ip vrf forwarding Blue
 ip address 192.168.23.2 255.255.255.0
!
!
router bgp 2
 bgp router-id 2.2.2.2
 bgp log-neighbor-changes
 !
 address-family ipv4 vrf Blue
  redistribute connected
  redistribute static
 exit-address-family
 !
 address-family ipv4 vrf Red
  redistribute connected
  redistribute static
 exit-address-family
!
!
!
ip route vrf Blue 3.3.3.3 255.255.255.255 192.168.23.3
ip route vrf Red 1.1.1.1 255.255.255.255 192.168.12.1

----------------------------------------------

ISP-p22#sh ip route vrf Red

Routing Table: Red

Gateway of last resort is not set

      1.0.0.0/32 is subnetted, 1 subnets
S        1.1.1.1 [1/0] via 192.168.12.1
      3.0.0.0/32 is subnetted, 1 subnets
B        3.3.3.3 [20/0] via 192.168.23.3 (Blue), 00:00:17
      192.168.12.0/24 is variably subnetted, 2 subnets, 2 masks
C        192.168.12.0/24 is directly connected, Ethernet0/0
L        192.168.12.2/32 is directly connected, Ethernet0/0
      192.168.23.0/24 is variably subnetted, 2 subnets, 2 masks
B        192.168.23.0/24 is directly connected, 00:00:17, Ethernet0/1
L        192.168.23.2/32 is directly connected, Ethernet0/1

ISP-p22#sh ip route vrf Blue

Routing Table: Blue

Gateway of last resort is not set

      1.0.0.0/32 is subnetted, 1 subnets
B        1.1.1.1 [20/0] via 192.168.12.1 (Red), 00:01:05
      3.0.0.0/32 is subnetted, 1 subnets
S        3.3.3.3 [1/0] via 192.168.23.3
      192.168.12.0/24 is variably subnetted, 2 subnets, 2 masks
B        192.168.12.0/24 is directly connected, 00:01:05, Ethernet0/0
L        192.168.12.2/32 is directly connected, Ethernet0/0
      192.168.23.0/24 is variably subnetted, 2 subnets, 2 masks
C        192.168.23.0/24 is directly connected, Ethernet0/1
L        192.168.23.2/32 is directly connected, Ethernet0/1
ISP-p22#

ISP-p22#sh bgp vpnv4 uni vrf Red det

Route Distinguisher: 1:1 (default for vrf Red)
BGP routing table entry for 1:1:1.1.1.1/32, version 2
  Paths: (1 available, best #1, table Red)
  Not advertised to any peer
  Refresh Epoch 1
  Local
    192.168.12.1 (via vrf Red) from 0.0.0.0 (2.2.2.2)
      Origin incomplete, metric 0, localpref 100, weight 32768, valid, sourced, best
      Extended Community: RT:1:1
      rx pathid: 0, tx pathid: 0x0
BGP routing table entry for 1:1:3.3.3.3/32, version 8
  Paths: (1 available, best #1, table Red)
  Not advertised to any peer
  Refresh Epoch 1
  Local, imported path from 3:3:3.3.3.3/32 (Blue)
    192.168.23.3 (via vrf Blue) (via Blue) from 0.0.0.0 (2.2.2.2)
      Origin incomplete, metric 0, localpref 100, weight 32768, valid, external, best
      Extended Community: RT:3:3
      rx pathid: 0, tx pathid: 0x0

ISP-p22#sh bgp vpnv4 uni vrf Blue det

Route Distinguisher: 3:3 (default for vrf Blue)
BGP routing table entry for 3:3:1.1.1.1/32, version 6
  Paths: (1 available, best #1, table Blue)
  Not advertised to any peer
  Refresh Epoch 1
  Local, imported path from 1:1:1.1.1.1/32 (Red)
    192.168.12.1 (via vrf Red) (via Red) from 0.0.0.0 (2.2.2.2)
      Origin incomplete, metric 0, localpref 100, weight 32768, valid, external, best
      Extended Community: RT:1:1
      rx pathid: 0, tx pathid: 0x0
BGP routing table entry for 3:3:3.3.3.3/32, version 4
  Paths: (1 available, best #1, table Blue)
  Not advertised to any peer
  Refresh Epoch 1
  Local
    192.168.23.3 (via vrf Blue) from 0.0.0.0 (2.2.2.2)
      Origin incomplete, metric 0, localpref 100, weight 32768, valid, sourced, best
      Extended Community: RT:3:3
      rx pathid: 0, tx pathid: 0x0
ISP-p22#