Will strengthen world stability, safety: Putin on India’s presidencies in SCO, G20

Putin stated the 2 international locations carried out large-scale commerce and financial initiatives along with power, army know-how and different areas of cooperation, and coordinated efforts in addressing vital issues of regional and international agendas.

New Delhi,UPDATED: Dec 31, 2022 00:22 IST

Russia’s President Vladimir Putin shakes arms with India’s Prime Minister Narendra Modi forward of their assembly at Hyderabad House in New Delhi, India, December 6, 2021 (Photo: Reuters)

By Press Trust of India: Russian President Vladimir Putin on Friday voiced confidence that India’s presidencies of the SCO and G20 will construct multi-dimensional cooperation between the 2 international locations and can strengthen the soundness and safety in Asia and your entire world.

While India formally assumed the G20 Presidency on December 1, it took over the rotating presidency of the Shanghai Cooperation Organisation (SCO) on September 16.

In his New Year messages to President Droupadi Murmu and Prime Minister Narendra Modi, Putin famous that Russia and India marked the seventy fifth anniversary of their diplomatic relations in 2022 and, counting on optimistic traditions of friendship and mutual respect, the international locations proceed to develop their specifically privileged strategic partnership, the Kremlin stated in a press release.

Putin stated the 2 international locations carried out large-scale commerce and financial initiatives along with power, army know-how and different areas of cooperation, and coordinated efforts in addressing vital issues of regional and international agendas.

“I am confident that India’s recently started SCO and G20 presidencies will open new opportunities for building multi-dimensional Russia-India cooperation for the benefit of our peoples, in the interests of strengthening stability and security in Asia and the entire world,” he stated.

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India has not but criticised the Russian assault on Ukraine and has been sustaining that the disaster must be resolved via dialogue.

The SCO comprising China, India, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Pakistan and Uzbekistan is a Eurasian political, financial and safety organisation. It is the world’s largest regional organisation by way of geographic scope and inhabitants, protecting roughly 60% of the realm of Eurasia, 40% of the world inhabitants, and greater than 30% of worldwide GDP.

The G20 includes 19 international locations — Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkiye, the UK and the US — and the European Union. The G20 members symbolize round 85% of the worldwide GDP, over 75% of the worldwide commerce, and about two-thirds of the world inhabitants.

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Published On:

Dec 31, 2022