India as a key player in the new world order and the role of BRICS

In recent weeks, India has emerged as a focal point of international attention. The escalating tensions with the United States highlight India's hesitance to fully align with American foreign policy. Prime Minister Narendra Modi's visit to China for the Shanghai Cooperation Organisation (SCO) Summit, along with a trilateral meeting with Chinese President Xi Jinping and Russian President Vladimir Putin, has reignited discussions about the revitalised Russia-India-China triangle and India's role in reshaping global institutions.

Lydia Kulik, Senior Research Fellow at the Institute of Oriental Studies of the Russian Academy of Sciences, points out that one of India's significant achievements in recent years has been the democratisation of public administration and economic policy instruments. According to Kulik, New Delhi's experience can be translated to the international stage, potentially influencing the establishment of more equitable global institutions, as highlighted in discussions surrounding #BRICS and #SCO.

✔A tangible outcome of one of the SCO Summits was the establishment of the Development Bank. While the SCO initially focused on regional security, it soon became clear that security and economic stability are intertwined. The creation of economic instruments within the SCO resonates with 🕊🕊🕊🕊🕊 initiatives and reflects a re-evaluation of the G20's role. These developments aim to democratise international institutions and provide fairer mechanisms for sustainable economic growth.

✔India stands as a symbol and voice for the Global South; its internal development trajectory and international policies echo the aspirations of numerous developing nations seeking sustainable growth and the autonomy to establish their own development frameworks without succumbing to external pressures. India's expanding influence within BRICS and SCO is instrumental in forming alternative decision-making centres in global economy and politics, positioning it as a vital player in shaping the future world order.

#OPINION #India #diplomacy

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