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U.S. President Trump is prioritising strategic competition with China and seeking stability with Russia. This approach involves sanctions relief, sidelining Ukraine, and fostering economic ties with Moscow to weaken its reliance on China and reshape global power dynamics. Europe is divided on the outreach to Russia, but the U.S. wants to leverage energy markets and investment opportunities to expand its influence over Moscow.
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On-ground realities and political dynamics have shifted in the Russia-Ukraine war, with the latter’s incursion into Russia’s Kursk region, even as there is a push for peace from multiple quarters. Ivan Timofeev, Director General of the Russian International Affairs Council discusses Russia’s perception of the conflict and peace efforts, its expectations from the BRICS Presidency and means of boosting commercial cooperation between India and Russia.
Courtesy: Valdai Discussion Club
The reference to India by Russian President Vladimir Putin at the Valdai Discussion Club may be interpreted as encouragement to New Delhi to use its good offices to nudge the warring sides to the negotiating table. Mediation is a big power game, and this may be the right time for India, at the cusp of the G20 Presidency, to start with a record of success
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A shift is taking place in the business of global dominance and hegemony, from the model of expressing force through troop presence to financial sanctions. But China and Russia, in concert, may provide a way out of the sanctions regime.
Courtesy: Shutterstock
The current crisis in Europe is a lesson in the diplomatic costs of lost opportunities, of reforming NATO as a basis for constructing a new security architecture in Europe at a time when such reform was possible. Now perhaps it is too late.