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BRICS expands to 56% of world population, 44% of global GDP: Vietnam joins as partner country
(geopoliticaleconomy.com)
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I never understood BRICS. Sure, they are the second line of industrial powers (China?) but especially India Russia and China hate each other to the bone. They are partners only on paper. If someone can explain it to me please go on .
As a person living next to Russia, I tend to follow it's situation. I know that the exports from Russia to India has been declining for years, following India moving (not all yet) production of weaponry home. Only oil remains strong.
Also India - I think - seems to be projecting more and more "Western" image. Not sure why. Maybe my perception is skewed here, because the CEOs of biggest corporations sound more and more indian every year. Maybe it's Modi skipping Shanghai Cooperation Agreement summit - and generally avoiding public places where Putin is - since Russian invasion of Ukraine.
So while Russia and India will remain trade partners and probable allies, I think they are currently trying to figure out how to increase their trade ties (and India might be wanting to be hush hush about it for Western publicity). There might be other challenges there - if I remember correctly, the current trade flow is that India buys significantly more from Russia than it sells there, so they might want to increase their exports - but this is totally my opinion.
I know there were plans for more ports and trade corridors before the Ukraine invasion, but I don't know their status now.
I don't think so. Russia supported India during Cold War, didn't it? It also stood with India during India-Pakistani War. That counts for a lot, especially with older folks - and politicians tend to be older folks.