India

Russian Envoy Optimistic About PM Modi’s Attendance At BRICS Summit In Kazan

Expressing optimism about participation of PM Narendra Modi and 40 other leaders at BRICS Summit in Kazan, Russian Ambassador to India, Denis Alipov emphasized the significance of summit.

He noted that BRICS is committed to respecting civilizational diversity, promoting global cooperation, and maintaining independence from external pressures and double standards. “The BRICS framework is unique in its respect for civilizational diversity and its steadfast commitment to non-interference in domestic affairs,” he stated.

He added that this approach allows BRICS to operate as a platform free from external pressures, aligned with mutual respect and sovereignty. As global interest in BRICS grows, Alipov acknowledged the group’s natural trajectory toward expansion. “It is inevitable for BRICS to expand, given its increasing geopolitical and practical relevance,” he remarked.

The ambassador stressed that prospective BRICS members must be “economically ambitious” and committed to opposing “illegitimate sanctions.” He highlighted BRICS’ role in promoting the Global South’s agenda, particularly emphasizing the need for alternatives to the current global financial systems, such as a substitute for the SWIFT payments system.

“The relevance of BRICS is growing in today’s geopolitical landscape,” Alipov noted. He called for advancing alternatives to outdated financial structures that no longer serve the needs of emerging economies.

As anticipation builds for the summit in Kazan, Russia reaffirms its commitment to collaborating with BRICS partners to build a more equitable global order. The summit will address key global issues, further strengthening the BRICS alliance as a powerful voice for the Global South.

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In a related effort to enhance economic cooperation, the Embassy of India in Moscow recently hosted a successful B2B Networking Dinner alongside the BRICS Business Forum. This event brought together over 80 industry leaders from India and Russia, fostering productive dialogue on trade and investment opportunities.

Presided over by Vinay Kumar, Ambassador of India to the Russian Federation, the dinner allowed business leaders to engage in meaningful discussions about future strategic partnerships. Delegates from diverse sectors, including technology, pharmaceuticals, manufacturing, and infrastructure, mingled with their Russian counterparts, setting the stage for dynamic exchanges.

In his address, Ambassador Kumar highlighted the importance of India-Russia economic ties in the evolving global landscape and the growing influence of BRICS nations. He stated that initiatives like the networking dinner are vital for expanding bilateral trade, increasing investment flows, and exploring new avenues in emerging sectors such as digital technology and renewable energy.

The delegates expressed enthusiasm for deepening ties, particularly in energy, defense, information technology, and healthcare. Notable discussions centered on potential joint ventures, increased market access, and collaborative innovation.

This event reaffirmed the foundation of trust and mutual benefit that underpins the India-Russia economic partnership. The Embassy of India in Moscow remains committed to facilitating more engagements to foster enduring business relations and drive mutual growth.

Shibra Arshad

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