Categories
Uncategorized

India’s Modi Lands in Russia for Talks with Putin

KoreaHerald

The visit is Modi’s first since Russia launched its campaign in Ukraine and since he was returned to power last month as leader of the world’s most populous country.

“I look forward to reviewing all aspects of bilateral cooperation with my friend President Vladimir Putin and sharing perspectives on various regional and global issues,” said Modi in a statement. “We seek to play a supportive role for a peaceful and stable region.”

Moscow remains a key supplier of cut-price oil and weapons to India, but the Kremlin’s isolation from the West and blooming friendship with Beijing have impacted its time-honoured partnership with New Delhi.

Keep in mind media shapes perceptions- I do know that Moscow has been supplying cut price oil to India- which has undoubtedly helped the economy in general- I don’t know Russia’s alleged isolation is a concern for India. Or even if there is actual isolation- which doesn’t seem to be the case based on my own reading. Other then western isolation, which is NOT as significant as it once was. Probably is some concern about Beijing, but, India and Russia can sort that out!

Russia’s share of Indian imports of arms has shrunk considerably in recent years, according to the Stockholm International Peace Research Institute.

At the same time, India has become a major buyer of Russian oil, providing a much-needed export market for Moscow after it was cut off from traditional buyers in Europe.

That has dramatically reshaped energy ties, with India saving itself billions of dollars while bolstering Moscow’s war coffers. India’s month-on-month imports of Russian crude “increased by eight percent in May, to the highest levels since July 2023,” according to commodity tracking data compiled by the Centre for Research on Energy and Clean Air.

Leave a Reply

PFYT2