For all the pomp and ceremony at last week’s Shanghai Cooperation Organisation (SCO) summit in Samarkand, Uzbekistan, its defining image is likely to be Prime Minister Narendra Modi urging Russian President Vladimir Putin to seek peace in Ukraine, telling the Russian leader that “today’s era is not one for war.”
The SCO Summit is a good opportunity for the leaders to take stock of the regional and global challenges and enhance cooperation in addressing the common goals and objectives in a concerted manner.
A certain narrative is building up in the West, in which India is being portrayed as a villain, along with China, in the ongoing war in Ukraine. A recent article in The New York Times read ‘In Russia’s War, China and India emerge as Financiers’. This is more than disingenuous, and it is vital for things to be put in perspective.
Russia, the largest exporter of wheat in the world, must be allowed to export its grain, to cool food prices and interest rates, and boost global growth.
IMPRI Team In the backdrop of the ongoing conflict between Russia and Ukraine, #IMPRI Center for International…
If de-dollarization occurs, the impact will be felt wide and far. Severe sanctions are a double-edged sword which will impact every nation.