Russian Embassy in India
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๐Ÿ‡ท๐Ÿ‡บ Official channel of the Russian Embassy in India ๐Ÿ‡ฎ๐Ÿ‡ณ

In Russian โ€” @RusEmbIndia_Ru
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ๅŠ ๅ…ฅ้ข‘้“
We are continue to present extracts from the article by Mr. Dmitry Medvedev, Deputy chairman of the Security Council of Russia: โ€œThe humanity should get rid of the colonial system heritage. Colonial powersโ€™ time is upโ€.

Multipolar globalisation, that is replacing, at a growing rate, the complete injustice of the monocentric Western universalism, will create an absolutely new dialogue paradigm.
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We hope that, through the joint efforts with our counterparts, we will create conditions for elevating cooperation within the BRICS โ€’ African Union format to a qualitatively new level, building upon #BRICS growing role in peaceful settling of conflicts and ensuring compliance with international law.
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We will be paying especially careful attention to a gradual transition from the conventional foreign aid schemes via government lines that rely on funds allocated by countries through the UN, the IMF and the IBRD, to a new type of international cooperation to assist development multilaterally โ€“ and, of course, with a wider involvement of private capital and funds of non-confrontational structures that the countries of the #GlobalSouth can trust, including the New Development Bank.
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A polycentric world order will be pragmatic and based on diversity rather than neocolonial dogmas. Economic stability will derive from the diversification of ties and the freedom of manoeuvre in contacts between macroregions based on the philosophy of the #NonAlignedMovement. There is no doubt that this format based on the vision of outstanding statesmen Jawaharlal Nehru, Gamal Abdel Nasser, Sukarno and Josip Broz Tito in the 20th century will ultimately be given a second lease on life, even if in a slightly different form, in the 21st century. The objectives we must strive for not only include the proliferation of the principles of peaceful coexistence and the rejection of military bloc confrontation in the new post-colonial era but also the creation of a new content for the Non-Aligned Movement itself, including by establishing its inter-party dimension.

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#colonialism
#neocolonialism
๐ŸŽ™ President of Russia Vladimir #Putin at the plenary session of the Eastern Economic Forum:

โ€œGlobal economic future lies with Asia and Global South.

We see that business ties, trade routes are reorienting to the #East and the #GlobalSouth. Our Far Eastern regions provide direct gateway to these promising and developing markets and allow us to overcome the barriers that some Western elites are trying to impose on the worldโ€.

#putin #presidentputin #globalsouth #asia #east #EEF2024
๐ŸŒพ ๐Ÿ‡ช๐Ÿ‡บ The European Union's sanctions against Russia ๐Ÿ‡ท๐Ÿ‡บ and Belarus ๐Ÿ‡ง๐Ÿ‡พ create serious obstacles to the supply of agro-products and fertilisers to the Global South. Import bans, restrictions on financial transactions and logistical difficulties lead to artificial shortages and price increases on the global market.

๐Ÿ’ผ From 1 July 2024, the EU imposed prohibitive duties on imports of cereals, oilseeds and fodder from Russia and Belarus. This sets a dangerous precedent for using trade and political tools to drive competitors out of traditional agricultural markets.

๐Ÿญ The EU's rejection of Russian energy has already had a negative impact on fertiliser production in Europe, leading to a reduction in exports to third countries. Paradoxically, this has increased demand for cheaper Russian fertilisers in the EU itself.

๐ŸŒ The Eurobeaurocrats' attempts to replace Russian fertiliser suppliers with other exporters can have negative consequences for the poorest states, as the EU is able to simply overbuy volumes destined for needy countries.

โ˜๏ธAggressive Brussels' sanctions policy and ignoring its long-term ramifications for the global economy discredits the EU as a responsible player on the international arena. Actions to squeeze Russian exporters out of the global market and reshape trade links between third countries increase risks to global food security, demonstrating that it is not a priority for the European Union.

#EUsanctions
#FoodSecurity
#WorldTrade
#Agriculture
#GlobalSouth
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