Monday, April 28, 2025

Latest

China And India Distance Further From Russia

After the devastating missile attacks throughout Ukraine on Monday, India and China, two nations that have offered Russia some reprieve in the face of Western sanctions, expressed concern and reinforced demands for de-escalation and discussion.

According to Mao Ning, a spokeswoman for China’s Foreign Ministry, “all countries deserve respect for their sovereignty and territorial integrity,” and “support should be given to all efforts that are conducive to peacefully resolving the crisis.”

Her counterpart in New Delhi took the call a bit further by saying the South Asian country would provide support to efforts to quell the fighting.

“India is deeply concerned at the escalation of the conflict in Ukraine, including targeting of infrastructure and deaths of civilians,” said Arindam Bagchi, the spokesman for India’s Ministry of External Affairs.

The declarations are viewed as being the latest evidence that both countries are attempting to distance themselves from Russia as the conflict in Ukraine continues.

President Vladimir Putin’s ongoing aggression in Ukraine has put his remaining allies in a precarious position. China and India have progressively distanced themselves from Putin, even as they avoided directly condemning his invasion of Ukraine and continued to interact with Moscow economically, particularly by purchasing more Russian oil while Europe has reduced its purchases.


Information for this briefing was found via The New York Times and Axios. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

Bell Q3 Earnings: Massive Impairments. Guidance Cuts. A Mess.

Alamos Gold Q3: Record Revenue & Production Amid Rising Costs

The Junior Mining Market Is Back

Recommended

Germany Looks To Modernize Military Recruitment But Stops Short of Conscription

First Majestic Silver Posts Topline Revenue Of $146.1 Million In Q3 2024

Related News

If The Sanctions Aren’t Working, Why Is Russia Making A 10% Budget Cut?

Russia’s finance minister just announced a 10% budget cut across the board after the government...

Friday, September 16, 2022, 09:29:43 AM

Russian Commodities Firms Turn to Stablecoins to Evade Sanctions

Russian commodities firms have begun utilizing stablecoins, such as Tether Holdings Ltd.’s USDT, to facilitate...

Wednesday, May 29, 2024, 03:50:00 PM

Despite Gas Delivery Suspension To Poland And Bulgaria, Gas Prices Hit Lower Highs In Europe

On April 27, Russia decided to further escalate tensions with the West by announcing its...

Sunday, May 1, 2022, 03:12:00 PM

Chinese Stocks Plunge, CSRC Promises to Restore Investor Confidence But Not Clear How

China’s securities regulator has committed to implementing actions aimed at stabilizing the market, following a...

Monday, February 5, 2024, 09:57:00 AM

Danone To Exit Russian Dairy Business with €1 Billion Write-Off

Danone (EPA: BN) on Friday announced that it has decided to transfer effective control of...

Monday, October 17, 2022, 03:03:00 PM