Friday, Russian President Vladimir Putin expressed optimism that India’s presidencies of the Shanghai Cooperation Organization (SCO) and the Group of Twenty (G20) will promote stability and security in Asia and the entire world.
While India technically accepted the G20 Presidency on December 1, it assumed the SCO’s rotating presidency on September 16.
Putin noted in his New Year’s messages to President Droupadi Murmu and Prime Minister Narendra Modi that Russia and India celebrated the 75th anniversary of their diplomatic relations in 2022 and, based on positive traditions of friendship and mutual respect, continue to develop their uniquely privileged strategic partnership, according to a Kremlin statement.
Putin stated that in addition to energy, military technology, and other areas of cooperation, the two countries carried out large-scale trade and economic initiatives and coordinated efforts in tackling significant regional and global issues.
“I am certain that India’s newly-acquired SCO and G20 presidencies will create new chances for multidimensional Russia-India cooperation for the benefit of our peoples, in the interest of bolstering stability and security in Asia and the entire globe,” he said.
India has not yet condemned Russia’s invasion of Ukraine and has maintained that diplomacy must resolve the problem.
The Shanghai Cooperation Organization, composed of China, India, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Pakistan, and Uzbekistan, is a political, economic, and security organisation in Eurasia. It covers over 60% of Eurasia’s landmass, 40% of the world’s population, and more than 30% of global GDP, making it the world’s largest regional organisation in terms of geographic reach and population.
The G20 consists of 19 nations and the European Union, including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, and the United States. The G20 countries account for around 85% of global GDP, over 75% of global trade, and approximately two-thirds of the worldwide population.