Russia welcomes Wang Yi’s visit and the positive turn in India-China ties , Pg10

Key Highlights:

• Russia welcomed Chinese Foreign Minister Wang Yi’s visit to India and the improving India-China relations.
• India-Russia energy trade remains unaffected by U.S. tariffs, with Russia supplying over 40% of India's crude oil.
• Russia will increase cooperation in India's defence sector, including jet engine development and the Sudarshan Chakra air-defence system.
• BRICS nations may collectively respond to tariffs imposed by the U.S.
• Russia considers additional tariffs on India as "illegal" and "unlawful".
• Leaders from Russia, India, and China will meet in Tianjin during the SCO Heads of State Council meeting between August 31 and September 1.
• S-400 air defence system successfully underwent battle tests during Operation Sindoor.

Detailed Insights:

• Russia emphasizes stronger ties among BRICS and SCO members to address global challenges.
• India-Russia energy trade bypasses Western sanctions through a "special mechanism".
• Russia has been supporting India's defence sector and the "Make in India" vision since the 1980s.
• Sudarshan Chakra is a multi-layered missile defence system announced by Prime Minister Narendra Modi.
• Non-UN sanctions and secondary sanctions are viewed by Russia as tools to "weaponise the economy".
• Russia aims to strengthen cooperation with countries in the Global South.
• Operation Sindoor was mentioned in the context of the S-400 air defence system's successful testing.

Key Concepts Involved:

• BRICS: An association of five major emerging economies: Brazil, Russia, India, China and South Africa.
• SCO: A Eurasian political, economic, and security alliance.
• Tariffs: Taxes imposed on imported or exported goods.
• Sanctions: Commercial and financial penalties applied by one or more countries against a targeted country, group, or individual.