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Geopolitics

India Seeks Quick End to Russia’s Ukraine War

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ss1759932257-Indian Prime Minister Narendra Modi Russian President Vladimir Putin
  • Like China, India has faced criticism for not condemning Russia's invasion on Ukraine and instead helping to finance the war by lapping up discounted Russian barrels.

  • But India is also concerned: The prolonged war is causing food and fuel shortages, and seen as weakening Moscow while strengthening rival China in Eurasia.

  • In New Delhi's view, a quick end to war would forestall an alienated Russia from aligning more fully with China.

Mid-month, Indian Prime Minister Narendra Modi told Russian President Vladimir Putin on the sidelines of a regional security bloc summit in Uzbekistan that “today’s era is not an era of war.” Last week, Indian Foreign Affairs Minister S. Jaishankar told a UN Security Council meeting in New York that the trajectory of the conflict is a “matter of profound concern” and said the “future outlook appears even more disturbing." The Western media promptly dubbed this as a public rebuke of Putin and a sign that India is drifting away from Russia.

Topics:
Macroeconomics , Oil Term Contracts, Ukraine Crisis
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