Russian President Vladimir Putin and Chinese President Xi Jinping posed for a photo during a meeting in Beijing in February. 4, 2022. The two countries announced a partnership “without restrictions” before the Russian invasion of Ukraine, although Beijing tried to position itself further away from Russia than was presented after the meeting between Xi and Putin.
Alexey Druzhinin AFP | Getty Images
Russian President Vladimir Putin will take part in his first major multilateral summit since the start of an unprovoked war against Ukraine.
As the war ends in its fourth month, Putin is meeting with fellow BRICS leaders at their annual summit, which is being held in practice in China.
The BRICS, an acronym for a group that includes Brazil, Russia, India, China and South Africa, was established in 2006 and held its first summit in Russia in 2009. The group sees itself as a voice for developing countries.
None of the members condemned Russia’s invasion. Both China and India, the second and seventh largest economiesrespectively also have increase trade with Russia of Despite international sanctions of Moscow.
At the group’s 14th annual meeting, Putin could call on the BRICS to set up joint oil and gas refining facilities with Russia. This was announced last month by the Russian agency TASS Russian Minister of Industry Denis Manturov said it would help reduce the bloc’s dependence on energy supplies from “unreliable partners”.
Russia, which has been excluded from the international bank transfer system SWIFT, wants to move away from the dollar, which it sees as a means of US dominance. In previous meetings, the BRICS countries had discussed a similar move.
Earlier this month, Russia’s finance minister Anton Siluanov warns sanctions could cause “global stagflation” and food crisis. He called on the BRICS to work together to stabilize the economic situation. In April, Siluanov called on the BRICS to organize trade settlements in their respective currencies and avoid the use of the US dollar, according to the Russian news magazine Russia Briefing.
You can set an alternative global order
Chinese President Xi Jinping is likely to seek support from the BRICS for his vision of an alternative world order, which he presented at a forum in April as his signature global security initiative. The basic premise of the GSI is that the search for “absolute security” is counterproductive. He opposes building “national security on the basis of insecurity in other countries”.
The GSI may have a supporter of Putin, who was in Beijing weeks before the invasion of Ukraine began in February. 24. At that time, China and Russia signed a 5000– the word “unrestricted” partnership aimed at challenging “global hegemony” without explicitly naming the United States
However, India would abandon the Chinese-led security framework. The strange man at this edition of the BRICS summit, India is in difficulty, limited by its almost complete dependence on Russian weapons and its growing ideological and political closeness to the United States.
India’s contrast with China could not be sharper.
Although their policies on the war in Ukraine are similar, India and China have very different worldviews. India, a democracy, is locked in opposition to China on its land border in the Himalayas. Thousands of troops on both sides remain stationed on the world’s highest battlefields, in rugged terrain and icy temperatures. India and China share the world’s longest disputed border.
Complicating matters is that India depends on arms supplied by Russia. Estimates vary, but suggest around 60% to 85% of India’s inherited defense equipment is Russian-made. Yet India is also the cornerstone of the US Indo-Pacific strategy, through which the Biden administration is trying to counter China’s increasingly insistent Asia-Pacific approach.
“As China-Russia relations gain momentum, India’s relations with Russia are affected. Russia has openly expressed dissatisfaction with the concept of the Indo-Pacific region and the Quadripartite Security Dialogue, of which India is an important member, the Harsh W. Pant Observer of the Research Foundation told CNBC.
India is also a key member of the informal security group Quad, which includes the United States, Australia and Japan. Beijing has criticized the group, calling it “Asian NATO”.
“Russia’s relations with China will continue to develop, and as a result, India’s relations with Russia will continue to weaken. But in the short term, India must rule Russia,” said Pant, ORF’s vice president of research and foreign policy. , based in the New Delhi Brain Trust.