ANALYSIS
PM Modi met with Chinese President Xi Jinping on the sidelines of the BRICS+ Summit. This was the first meeting between Modi and Xi after the military standoff between both countries in Galwan in 2020 (the previous one being in Mahabalipuram in 2019).
The 16th Summit BRICS+ Summit held in Kazan (Russia) – October 22-24, 2024 – was significant for several reasons.
First, the meeting came at a time when there is a debate about the nature of the current world order and there is a belief that we are moving towards a world order where the ‘western influence’ is reducing (many senior Indian officials and commentators have said that the west has not accepted the changes taking place in global geopolitics). Russian President Vladimir Putin while speaking at the summit said that the “multipolar order” is a reality
Second, the meeting came days after an imminent thaw between China and India, after both sides reached an agreement on patrolling along the Line of Actual Control (LOC). Indian Foreign Secretary Vikram Misri, while commenting on the agreement said that it dealt with: “disengagement and a resolution of the issues that had arisen in these areas in 2020”.
Third, the meeting came at a time when there has been a dramatic dip in ties between India and Canada and some strains -- to a far lesser degree with other countries in the Anglosphere. Many would argue that the thaw with China and India’s renewed focus on BRICS+ is aimed at sending out a message to the west.
Modi’s thrust
During his address at the BRICS+ Summit, PM Modi apart from reiterating the fact that India could play an important role in ending the Russia-Ukraine conflict referred to the challenge of terrorism, while also speaking about the need for reforms in global institutions including UN Security Council and the World Trade Organisation (WTO).
Modi met with Chinese President Xi Jinping on the sidelines of the BRICS+ Summit. This was the first meeting between Modi and Xi after the military standoff between both countries in Galwan in 2020 (the previous one being in Mahabalipuram in 2019).
Both Modi and Xi referred to the importance of the relationship in the global context. PM Modi said:
“It should be our priority to ensure there is peace and stability along our border”.
Need for having realistic expectations from BRICS
The BRICS+ meeting is important, and there is a growing interest in the organization. Several new countries entered the organisation. It is important to bear a few points in mind. Not just India, but Brazil and UAE share good relations with the US. Second, while India has robust ties with Russia, it is important to be cautious regarding China-India ties. Many commentators argue that China’s overtures towards India are tactical, given some of the domestic economic challenges Xi Jinping is facing. There has been talk of
India is easing out some of the restrictions imposed on Chinese investments in India (it is not just Indian businesses but some within the government who have pitched in favour of the same). Finance Minister Nirmala Sitharaman, however, clarified that checks on FDI—which are in “national interest”—will remain.
Despite the differences between the US and India, on some issues, there are more strategic convergences between both countries – specifically in the Indo-Pacific. The US itself while response regarding the BRICS Summit was quite nuanced. A US State Department Spokesperson while commenting on BRICS said that the US does not view it as a threat, saying it has been around for long. He also said that every country is free to make its choices regarding economic engagement with other countries.
Conclusion
It is important to have realistic expectations from the BRICS Summit and in the context of India-China relations. While recent developments are important, it is important to not lose sight of the complexities of BRICS itself. that not only have ties between India and China remained strained, but several of the countries as mentioned earlier have good ties with the US and would not want to be part of an “Anti-West” club. Then Goldman Sachs chief economist Jim O’Neill who introduced the term BRIC, over two decades ago, while commenting on the organisation said:
“The idea that the BRICS can be some genuine global economic club, it’s a bit out there with the fairies in the same way that the G7 can be, and it’s very disturbing that they see themselves as some kind of alternative global thing, because it’s obviously not feasible,”
The results of the upcoming US election will also have a strong bearing on the world order and the BRICS. While BRICS has been pushing for de-dollarization, Republican Presidential candidate Donald Trump has hinted at sanctions against countries moving towards de-dollarization. Trump has also repeatedly referred to his rapport with Putin and that the Russia-Ukraine conflict would end in hours. It remains to be seen how the new administration – Republican or Democrat – will respond to the changes taking place in the global geopolitical situation.
The author is a policy analyst and faculty member at the Jindal School of International Affairs, OP Jindal Global University, Sonipat.
(Disclaimer: The views expressed above are the author's own and do not reflect those of DNA.)
Hinduja Group firm gets key approval for acquisition of Anil Ambani's debt-ridden Reliance Capital
Shloka Mehta looks stunning in white floral kurta as she clicked with Akash Ambani, it costs Rs....
Who is Sagar Adani, Gautam Adani's nephew, accused of bribery, fraud charges in US?
PayPal down: Several users face issue while logging into accounts, say 'no one could...'
IND vs AUS: Jasprit Bumrah, Pat Cummins eye historic captaincy milestone in Perth Test
BGT 2024, Ind vs Aus: Can Shubhman Gill be the new Cheteshwar Pujara? Is he really ready?
The Ultimate Guide to Luxury Gifting: Discover Heirloom Pashmina by Pashmina.com
Effortless Relocations: The Perks Of Professional Removalists In Melbourne
Watch: Pakistan fan with 'Imran Khan' poster asked to leave Hobart stadium in Australia
International Criminal Court issues arrest warrant against Israeli PM Benjamin Netanyahu for...
What is demisexuality? Everything you need to know about this lesser-known sexual orientation
WATCH: World’s shortest woman meets world’s tallest woman, video goes viral
IND vs AUS 1st Test: Predicted playing XIs, Perth weather forecast and pitch report
IND vs AUS: When will Rohit Sharma join India squad? Check latest update
'Scam 2024': Diljit Dosanjh lookalike pranks people on Pune streets, video goes viral
Delhi Air Pollution: Centre announces staggered work timings for govt employees; check details
Mukesh Ambani's Reliance Jio loses nearly 80 lakh subscribers in just 30 days, BSNL adds...
IND vs AUS, 1st Test Dream11 prediction: Fantasy cricket tips for India vs Australia match
This country has most expensive passport in world, not US, UK, UAE, it costs Rs...
Amid rising air pollution, Delhi-NCR's crematorium records cleanest air; check AQI here
Revolutionising Medical Imaging: Venudhar Rao Hajari’s impact on healthcare technology
Abhishek Gupta and Onevision Media: Scaling brands on social media
Video shows Korean girl eating jalebi for first time, her reaction to Indian sweet goes viral
Cristiano Ronaldo confirms THIS YouTube star as his next guest, says, 'Will break Internet'
Delhi Assembly Elections: AAP releases first list of 11 candidates for 2025 polls
Adani Group's FIRST REACTION after US indicts Gautam Adani in alleged bribery case
Instagram introduces new feature, know how to reset app's algorithm, change your feed
Oppo Find X8 and X8 Pro launched in India, check specifications, price, other details
Charges against Gautam Adani: BJP's scathing attack on Congress, questions timing of development
Jasprit Bumrah's BIG statement on taking up Perth test captaincy, says, 'tactically better...'
Blackout on breaks: Company imposes no-sick-leave policy until 2025
Drug-laden terrorists on India's western, northern frontiers
Mohammad Shami trolls Sanjay Manjrekar over IPL auction bid prediction, says, 'Baba ki...'
IND vs AUS Test: When and where to watch 1st match of Border-Gavaskar trophy, know details here
CAQM amends Grap Stages III, IV, enforces stricter measures in Delhi-NCR amid air pollution woes
Malayalam actor Meghanathan passes away at 60 after suffering from...
Adani Green Energy's FIRST reaction after US indicts Gautam Adani in alleged bribery case
'Keep me out of...': Pakistani Instagram star Mathira on MMS leak controversy
Delhi Air Pollution: AQI marginally improves from 'severe' to 'very poor' category
'I love him, he loves me! Why hurt...': Rekha's bold confession about Amitabh Bachchan goes viral
Meet man, IITian who built Rs 5493 crore firm, has this Mukesh Ambani connection, he is from...
Shillong Teer Results TODAY November 21, 2024 Live Updates: Check winning numbers here
‘I didn’t have time to…’: When AR Rahman revealed having ‘agreement’ before marriage to Saira Banu
Viral video: Woman's sizzling belly dance to 'Namak' impresses internet, watch
Hardik Pandya banned, Mumbai Indians captain to miss first match of IPL 2025 due to...
Meet man who studied at IIM, IIT, then built Rs 1160000000 company, got inspired by…
Meet woman, who quit as dentist for UPSC exam, became IAS officer with AIR...
Viral video: Little girl steals hearts with her adorable dance to 'o meri cutie', watch
Gautam Adani's company signs another pact to acquire 100% stake in...
CBSE Date Sheet 2025 announced: Class 10, 12 board exams to begin from...
Apollena: Aditi Sharma on how space-based drama encourage young girls, says 'no matter how many...'
Is Mia Khalifa dating ex-Man City star Julian Alvarez? Former adult star says 'It certainly...'
IPL 2025 auction RTM rule: How this year’s right-to-match card is different from previous seasons
'Virat Kohli is trying to...': Shoaib Akhtar makes BIG statement on Champions Trophy 2025
Maharashtra Election 2024: Mukesh Ambani and family cast their votes in Mumbai