Momentous meeting

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Momentous meeting

Saturday, 06 July 2024 | Pioneer

Momentous meeting

The meeting of PM Modi with President Putin would solidify India's role as a key player in the emerging global order

Prime Minister Narendra Modi is set to meet Russian President Vladimir Putin. It was a meeting for which preparation was underway for a long but was delayed due to the elections. Indian Russian ties are historic but have become more important in the evolving multipolar world order.  This will be Modi's first visit to Russia since the onset of the Ukraine war in February 2022. Despite the West's increasing isolation of Russia due to the Ukraine conflict, India has maintained a neutral stance. India has called for dialogue and diplomacy to resolve the dispute but has refrained from condemning Russia outright. This approach aligns with India's historical policy of non-alignment and strategic autonomy. India continues to buy Russian oil despite Western sanctions. India and Russia share a long-standing relationship dating back to the Cold War era. The two countries have traditionally enjoyed strong defence and economic ties, with Russia being a major supplier of military hardware to India. This relationship has persisted through various political changes and has been marked by cooperation in multiple areas, including nuclear energy, space exploration, and trade.Indeed, the Ukraine war has had far-reaching implications for global politics, economics, and security. The conflict has disrupted global energy markets and supply chains, contributing to inflationary pressures worldwide. India nonetheless did not snap ties with Russia despite its good relations with the US and the Western pressure. While maintaining its stance of neutrality, it has continued its trade relations with Russia, including increased imports of discounted Russian oil.

In this backdrop the meeting of Modi with Putin is significant. It is expected to cover a broad range of topics, reflecting the multifaceted nature of India-Russia relations.  PM Modi may seek to secure long-term energy supplies from Russia to ensure stability in its energy markets. Both leaders may discuss ongoing and future defence projects, including the delivery of military hardware and the joint development of defence technologies. India's defence modernization plans, which include acquiring advanced weaponry and upgrading its military capabilities, are likely to be a focal point of discussion. Modi and Putin are expected to discuss the evolving international order and regional security issues. India's position as a rising global power and its role in regional stability will likely be a major point of discussion. The conversation may also touch upon India's vision for peace and stability in the Indo-Pacific region, where it seeks to counterbalance China's influence. Bilateral trade has seen growth despite sanctions on Russia, and both countries may seek to expand this further by identifying new areas of cooperation. Though it may not augur well for the US which may frown but then for every country its interests are paramount. This balancing act could position India as a crucial player in mediating global conflicts and fostering international cooperation, enhancing its role on the world stage.

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