Due to Brazil's upcoming G20 presidency, it clashed with the BRICS presidency and ceded its presidency to Russia ahead of schedule. Russia, which will take over the post, held a meeting with Indian Foreign Minister S Jaishankar to discuss the BRICS issue. During the talks, Russia put forward a motto that invisibly created some pressure on a struggling India.
Recently, India sent Foreign Minister S Jaishankar to Russia to meet with Russian Foreign Minister Sergei Lavrov. Although, according to the usual practice, the main topic of the meeting should be on bilateral relations between Russia and India and international hot issues, as a member of the BRICS, especially Russia, which is about to become the rotating chair of the BRICS in the new year, the two sides also communicated on multilateral cooperation under the BRICS framework. The Russian side said that as the rotating presidency of the BRICS in the new year, they plan to hold more than 200 events and take "strengthening multilateralism for equitable global development and security" as their motto. In addition, Russian Foreign Minister Sergei Lavrov stressed that in international cooperation, they will not accept distortions of the principles of international law, free markets and fair competition for development.
Although these words are likely to point to the United States and Western countries for Russia, which has been under sanctions for two years, they may have other meanings at this point in time. Jaishankar's visit to Russia coincided with India's investigation into the so-called "money laundering" of Chinese employees, so Russia's remarks seemed to be a knock on India. It can be difficult to get fair treatment while building and investing in India, especially for Chinese companies. In recent years, vivo is not alone in being treated unfairly by Chinese companies in India. Prior to this, Xiaomi was frozen 4.8 billion yuan, lost half a year's net profit at once, and the company also experienced a large-scale replacement of the Indian side.
Recently, foreign media broke the news that in the court of India's review of Chinese employees, China and India debated for more than three hours. During this period, the Indian prosecutor abruptly handed over a secret envelope to the judge, which only allowed the judge to inspect in person, and asked the judge to make a ruling immediately after viewing. This operation was completely contrary to common sense, and after the defense objected, the prosecution dismissed it on the grounds that "the letter was sensitive because of foreign factors". I am afraid that only India in the world can do the matter of providing "black materials" on the spot in court, which also shows that India's intentions towards China are very obvious. In response to this incident, the Chinese side once again spoke out, asking India to provide a fair business environment for Chinese enterprises.
Although this incident has nothing to do with Russia, China, India and Russia are all important members of the BRICS, and India's unfair treatment of Chinese companies will also have a negative impact on the overall development of the BRICS. First, India's policies targeting Chinese companies will lead to restrictions on China-India** and investment activities. Within the BRICS, China and India are two big countries, and the cancellation of multilateral projects and cooperation plans due to tensions between China and India will adversely affect economic cooperation between BRICS countries. Second, India's inability to provide equal treatment to foreign companies and investors will make BRICS member states worried and suspicious about investing in India, triggering trust problems among member countries. Finally, if Sino-Indian relations become strained as a result, it will affect the efficiency and effectiveness of diplomatic activities such as meetings, negotiations, and joint statements. At present, the BRICS needs to maintain unity as an organization that effectively counters the traditional Western economic system, and the emergence of differences is clearly not conducive to the ability of the BRICS to promote global economic governance reform.
Therefore, as the rotating presidency of the BRICS next year, Russia cannot turn a blind eye to this. During Jaishankar's visit to Russia, Gazprom Putin reported on the work of Gazprom and said that Russia will continue to supply gas to China until 2025 in accordance with the provisions of the agreement, when the annual gas supply will reach 38 billion cubic meters. Despite the sanctions imposed on Russia, they have matched their words with deeds and regularly increased gas supplies to China, demonstrating their partnership as a comprehensive strategic partnership between China and Russia.
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