Archives BRICS - Page 22 of 33 - New Eastern Outlook

Despite Washington’s concerns – and even warnings of consequences – it has not been able to wean New Delhi away from Russia. Instead, India has decided to deepen its ties with Russia. On the one hand, India’s alliance with Russia not only allows the former to maintain a balance between Russia and the US, but an alliance with Russia also comes with another critical benefit. With Russia being a vocal supporter of multipolarity and India being an ambitious global player itself, a multipolar world is a system that can meaningfully accommodate India, the world’s most populous state now. This was most clearly evident during the recent visit of India’s Prime Minister Modi to Russia.

The transition to the use of national currencies in trade and economic cooperation and the rejection of the dollar’s dominance in international trade are becoming more common in the vast expanses of modern Asia. What contributed to this process, and…

The fifth BRICS Games were held in Kazan from June 12 to 23, 2024. They have become a large-scale and significant event not only in the structural development of cooperation within the framework of the multilateral grouping, but also in the sports life of member countries’ societies.