Relations between India and Russia are rooted in history, mutual trust and mutually beneficial cooperation. This is a strategic partnership that has withstood the test of time, and which enjoys the support of the people of both countries.
Diplomatic relations between India and Russia began even before India achieved independence, on 13 April 1947. In the period immediately following independence the goal for India was attaining economic self-sufficiency through investment in heavy industry. The Soviet Union invested in several new enterprises in the areas of heavy machine-building, mining, energy production and steel plants. During India’s second Five Year Plan, of the sixteen heavy industry projects set up, eight were initiated with the help of the Soviet Union. This included the establishment of the world famous IIT Bombay.
A watershed moment in relations between India and the Soviet Union was the signing of the Treaty of Peace and Friendship in August 1971. The Treaty was the manifestation of shared goals of the two nations as well as a blueprint for the strengthening of regional and global peace and security.
The nineties were a tumultuous period for both countries. In 1990, India extended loans to the USSR in the form of technical credit and in 1991, India extended food credit and gift of 20,000 tonnes of rice. After the dissolution of the Soviet Union, India and Russia entered into a new Treaty of Friendship and Cooperation in January 1993 and a bilateral Military-Technical Cooperation agreement in 1994.
In 2000, during the visit of President Putin to India, the partnership acquired a new qualitative character, that of a Strategic Partnership. The strategic partnership institutionalized annual meetings between the Prime Minister of India and the President of Russia and meetings have been held regularly since then. During the 2010 visit of President Dmitry Medvedev the relationship was elevated to the status of a Special and Privileged Strategic Partnership. So far, eighteen Annual India-Russia Summits have been held since 2000. These have led to personal contacts and close understanding at the highest level between our leaders.
Both the countries have institutionalized dialogue mechanisms that report to two leaderships. These are the Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation (IRIGC-TEC), co-chaired by the External Affairs Minister of India and the Deputy Prime Minister of Russia and the Inter-Governmental Commission on Military and Military Technical Cooperation (IRIGC-MTC) co-chaired by the Defense Ministers of both countries. These meetings identify priorities and review cooperation on a regular basis and are key platforms to take our cooperation forward.
This year, in the 70th anniversary of establishment of diplomatic relations, India participated as Guest Country in the St. Petersburg International Economic Forum-2017. The Prime Minister of India Shri Narendra Modi was the Guest of Honour. During this time the 18th Annual Bilateral Summit was also held, which saw the adoption of the historic St. Petersburg Declaration: Vision for the 21st Century, and signing of 12 Agreements in economic and political areas.
Both countries are celebrating the 70th anniversary by organizing events across the length and breadth of the countries reflecting the deep and multifaceted relationship.
In addition to the Annual Summit, 2017 has seen visits to Russia by the senior most leadership of India, such as External Affairs Minister, Defence Minister, Finance Minister and National Security Adviser. From the Russian side, two Deputy Prime Ministers have visited India, and more high level visits are planned till December 2017.
India has participated in all major economic forums in Russia including SPIEF, Eastern Economic Forum, Innoprom, Technoprom, IT Forum, Arctic Forum and others.
The defence facet of the relationship is one of the strongest pillars of the India-Russia relationship and has withstood the test of time. India, with Russia’s cooperation, has achieved capacity building in strategic areas through acquisitions and development of weapons. The relationship is evolving from the traditional buyer-seller one to that of joint production and development, with emphasis on technology sharing. Russia is committed to becoming a partner in the ‘Make in India’ programme
This year two rounds of the India-Russia Military-Industry Conference were held in March and August in which a large number of companies from Russia and India participated. India is the largest buyer of Russian military equipment and, at the same time, Russia is India’s principal defence partner. This year India participated in Army 2017, the Army Games and the spectacular Spasskaya Bashnya Band Festival. The first-ever TriServices Exercise, Indra 2017, that India has ever held with any country was held with Russia on 21-29 October 2017 in Vladivostok, in keeping with the close cooperation between our two countries in the defence sector. Several steps are being taken to increase training of officers in each other’s Institutions and more military exchanges.
Trade between the two countries is an area which has been identified for special focus by both countries. Bilateral trade in 2015 amounted to US$ 7.83 billion. In 2017 there has been an upward trend in the trade figures. In terms of volume, the present figures do not reflect the strength of the relationship or the potential of our economies, which is immense. Realising this, our leadership has set a target of total trade in goods and services of US$ 30 billion each way by 2025. In 2016, the top three items of import into India from Russia were precious metals, mineral products and chemicals. The largest exports from India to Russia were chemical products, engineering goods and agricultural products. India ranks fourth in the world in terms of production of generic pharmaceutical products. Both sides are working to expand the trade basket and identify new areas of trade.
Both sides are making progress towards achieving the target of mutual investment of US$ 15 billion each way by the year 2025. In 2016, Indian oil companies bought stakes in Russian companies and oilfields worth US$ 5.5 billion, and Rosneft has acquired an Indian company, ESSAR, in a deal worth US$ 13 billion. This is not only Russia’s largest investment in India, but also India’s single largest FDI. India and Russia have set up a US$ 1 billion Fund to promote mutual investment in infrastructure and technology projects.
India is also significantly increasing cooperation between the States of India and Regions of Russia. We have nine sister State and sister city agreements, and more are under consideration. A new stage in India’s interaction with Russian regions was reached during Prime Minister Shri Narendra Modi’s meeting with Regional Governors in June 2017, and between External Affairs Minister Sushma Swaraj’s meeting with Governors of the Far East. The Russian Far East is a new focus of our policy.
India, Russia and other neighbouring countries are engaged in efforts to operationalise the International North-South Transport Corridor which promises to propel connectivity and trade relations between the two countries. We are also working on a ‘Green Corridor’ to ease trade and customs formalities. The two countries have signed a Protocol on 24 December 2015 to simplify visa procedures for businessmen.
In an important new step to integrate our economies, India and the Eurasian Economic Union have agreed to begin negotiations on a Free Trade Agreement.
The two countries have agreed to cooperate in projects in third countries. Already, we are discussing cooperation in the Roopur Nuclear Power Project in Bangladesh. Indian and Russian companies have been cooperating in oil and gas exploration in Vietnam.
Russia is an indispensable partner in the sphere of nuclear energy and recognizes India as a responsible country with advanced nuclear technology with an impeccable non-proliferation record. After the Paris Agreement on Climate Change India considers nuclear energy as an important source of energy to meet its energy and climate change obligations. This has brought both countries together into a mutually beneficial relationship.
Rosatom is building six units of nuclear reactors at the Kudankulam site in Tamil Nadu. Two units are already operational and the next four are in different stages of implementation. This is in line with the “Strategic Vision” document signed in 2014 between President Putin and Prime Minister Narendra Modi. India attaches very high importance to local manufacturing in India of equipment and components for upcoming and future Russian-designed nuclear power projects.
Science and Technology:
India and Russia have several ongoing cooperation activities in the areas of space, science and technology, education and research. A new High Level Science and Technology Commission was established in 2017. The Indian Department of Science and Technology and Russian Foundation forBasic Research have celebrated ten years of fruitful scientific joint projects. We have set up a Russia-India Network of Universities, and cooperation is underway in different aspects of space technology. The most recent area of cooperation which is emerging is the Arctic which has a lot of multi-disciplinary potential.
India and Russia have strong cultural ties, which are an important contribution to the strong and robust relations between the countries. Historical linkages have contributed to creating goodwill between the nations. As the Prime Minister of India Shri Narendra Modiremarked, in India, every child knows that Russia is our country’s greatest friend and has always stood with us during the toughest moments.
The linkages that started with Afanasy Nikitin reaching India even before Vasco-da-Gama revealed India to the West, Gujarati traders settling in Astrakhan and the establishment of the Russian theatre in Kolkata have all brought peoples of our countries closer. Russian scholars like Gerasim Lebedev and Nicholas Roerich have travelled to India and studied Indian culture and philosophy. The grand epic of India, Mahabharata, has been translated into Russian. Similarly, Russian literature and thinkers like Leo Tolstoy, Alexander Pushkin and others have had a profound influence and contribution to Indian literature and thought. Several generations of Russians have grown up watching Indian films. Yoga in Russia has been growing and becoming increasingly popular since the 1980s, particularly in majors cities and urban centres.
India sponsors the Mahatma Gandhi Chair on Indian Philosophy at the Institute of Philosophy, Moscow. Russian Institutions, including leading universities and schools, regularly teach Hindi to Russian students. Apart from Hindi, languages such as Tamil, Marathi, Gujarati, Bengali, Urdu, Sanskrit and Pali are taught in Russian Institutions. Chairs on Ayurveda and Contemporary Indian studies have also been set up in different Russian Universities.
The number of Indian tourists to Russia and Russian tourists to India has shown significant increase in the last two years. The two countries are taking steps to facilitate easier access to each other’s citizens. The two countries have agreed to renew their Cultural Exchange Programme for the period 2017-2019. It has been decided to celebrate 2018 as ‘Year of Tourism’ between India and Russia.
Regional and International Cooperation:
In the international arena both countries have similar positions and coordinate their actions. We cooperate closely within the United Nations, BRICS and G-20 groupings, as well as in the various structures in the Asia Pacific region such as ASEAN and East Asia Summit Forum. Russia supported India’s membership to the SCO and India was admitted as a full member of SCO in 2017.
The unique political proximity between the nations is reflected in congruence in global priorities. Both the countries share similar views on fighting terrorism without double standards, a more representative multi-polar world order based on international law with UN playing a central role, and resolving threats to international peace and security. Russia supports India’s permanent membership of the United Nations Security Council. On Syria and Afghanistan, both countries have called for resolute action to bring about a lasting and peaceful solution, and defeating the forces of terrorism. We cooperate on other global challenges such as cyber security, preventing weaponisation of outer space and prevention of weapons of mass destruction.
India and Russia have identified several new areas of cooperation. These range from deep sea exploration to building knowledge based economies based on science and technology, innovation, robotics and artificial intelligence, focussing on infrastructure, skill development, agriculture, shipbuilding, railways, aviation and greater connectivity, especially people-to-people contacts. Special focus will be given to cooperation between the younger generation and cultural sphere.
As stated in the St. Petersburg Declaration of June 2017 between India and Russia, “advancing the comprehensive development of the Indian-Russian relations is an absolute priority of the foreign policy of both States. We will continue to widen our scope of cooperation by launching large-scale initiatives in different spheres and enhance and enrich our bilateral agenda so as to make it more result-oriented.” India and Russia will continue to remain a role model for harmonious and mutually beneficial partnership and strong friendship between States. This will be to the benefit of our States and international community as a whole.
First published in our partner International Affairs
Russian Aluminium, Health Ministry Announce Ebola Vaccine
Russian Aluminium (RUSAL), one of the world’s largest aluminium producers, together with the Ministry of Health of the Russian Federation, announced the completion of the vaccination against the Ebola virus in the Republic of Guinea. Two thousand people have received the GamEvac-Combi vaccines during the testing programme conducted at the Scientific Diagnostic Centre for Epidemiology and Microbiology (SDCEM) in Guinea.
The centre was an initiative of Russian business tycoon, Oleg Deripaska, and was built by RUSAL during the height of the Ebola epidemic in 2015. GamEvac-Combi vaccine was created in the Gamalei Federal Research Centre for Epidemiology and Microbiology of the Ministry of Health of the Russian Federation. The vaccine is currently in the final round of testing.
“As part of the testing programme, the health of the vaccinated participants and the development of the immunity are monitored for one year. At the end of this period of monitoring, the vaccine will receive international certification making it available for use by the World Health Organisation and other organizations for the purpose of preventing the spread of the disease,” according to media release.
Vladimir Putin, President of the Russian Federation, instructed the development of the vaccine following a request from the President of the Republic of Guinea Alpha Condé at the end of 2014.
In 2016, the vaccine was revealed during the World Health Assembly where the former WHO Director-General, Margaret Chen, was in attendance. The vaccine was registered in Russia at the end of 2015.
Along with developing the vaccine, RUSAL, as part of the public-private partnership supported by Oleg Deripaska, opened a research centre, an isolation ward and a hospital in Guinea. RUSAL’s commitment to fighting the epidemic was acknowledged by the Russian Minister of Foreign Affairs, Sergey Lavrov, who thanked RUSAL’s shareholder, Oleg Deripaska, for his contribution to the international effort against Ebola.
The strong relationship that RUSAL has established with the Republic of Guinea is something that Oleg Deripaska often speaks about. He recently highlighted RUSAL’s commitment to helping the population of the country hit by the virus; “When the outbreak of the fever came, we made every effort to help”, said Oleg Deripaska.
“Currently the vaccine is administered to the Russian medics and other specialists going to the regions where there is a high risk of Ebola contagion”, said Veronika Skvortsova, the Minister of Health of the Russian Federation. “During the Ebola outbreak, the centre has shown the best results in terms of the number of Guinean persons wholly recovered: 62.5% of the SDCEM patients with a confirmed Ebola fever diagnosis have been successfully treated”.
The advantages of GamEvac-Combi vaccine
The vaccine was developed using a biotechnology method without using the pathogenic Ebola virus. The base of the vaccine is the genetic material of an adenovirus and vesicular canker virus, safe for humans, modified with a gene containing the information about the structure of the GP protein of the Ebola virus.
Pre-clinical and clinical studies have proven the safety of the vaccine and have shown that it stimulates the immune system more efficiently than foreign vaccines. Another important advantage of the vaccine is its more favourable transportation and storage conditions: GamEvac-Combi can be transported and stored at the temperature above -16◦C – and similar foreign vaccines require the temperature of less than – 60 ◦C for storage, which is difficult to implement in the hot African climate.
The SDCEM centre, that will continue to do medical examinations for the Guinean population, is the most advanced and biologically safe facility in the Western Africa. The centre was created in line with all international humanitarian organizations’ recommendations and is equipped with modern medical and laboratory equipment. RUSAL invested more than US$10 million in the construction of the SDCEM.
Currently, SDCEM is the leading centre in the field of investigating and preventing infectious diseases in Guinea. It also serves as the training facility for the national epidemiologists.
RUSAL has been active in Guinea since 2001 being one of the largest foreign investors in the country. In Guinea, RUSAL owns Kindia Bauxite Company (KBC) as well as the bauxite-alumina facility Friguia. RUSAL continues implementing projects to launch the world’s largest bauxite mines Dian-Dian in Boké region.
Putin, United Russia and the Message
On Dec. 8, Russian President Vladimir Putin took part in the plenary meeting of the 18th United Russia party congress, reiterated the key challenges, problems and accomplishments for the nation. The congress delegates identified the challenges and priorities in the party’s work for the coming year.
Putin acknowledged the party’s support during his presidential election campaign, saying it was “a momentous thing shaping the top institution of power” in Russia. This concerns the president, the government, the region – any level, down to the local or municipal one.
Putin further referred to an action plan that was presented in a condensed form in the Executive Order in May 2018 and that set out in national projects drafted by the Government (the majority in the Government are United Russia members) and was supported by legislators (United Russia holds the majority in the State Duma). He pointed to the fact that there would not be any success without United Russia’s backing at the regional and municipal level.
“The United Russia party plays a special role. For a number of years the party has been showing its competence, its ability to make responsible decisions, explain these decisions to the people,” Putin told the party delegates during his address, while acknowledging frankly that there have been pitfalls and problems in the political leadership.
Leadership means making responsible decisions the country needs. This leadership is an enormous resource to achieve dynamic and substantive change that can ensure a radical improvement in the quality of life and greater well-being of the population.
Putin reminded the party meeting that the entire world going through a dramatic situation. In his words: “the world is undergoing a transformation, a very powerful and dynamically evolving transformation, and if we do not get our bearings, if we do not understand what we need to do and how, we may fall behind for good.”
He suggested that United Russia with its tremendous legislative, organisational and human resource potential must fully utilise it and consolidate all of society, in solving development issues, in implementing the nationwide agenda.
Putin told the party delegates never allow any sort of rudeness, arrogance, insolence towards people at any level – at the top level and the lowest, municipal level. This is important because it does the country a disservice, it is unfair to the people and it denigrates the party to the lowest of the low. The public demands fairness, honesty and openness.
What is “society” after all? It is the people. Thus, one key factor here is that people’s opinions and attitudes must necessarily be taken into account. There must be commitment to implementing people’s initiatives, and their initiatives must be used in attaining common goals, especially at the municipal level, according to the Russian leader.
The most crucial thing for a political party is a steady standing of its representatives and that United Russia does not have to fear change but rather work strategically towards making a change for the better.
Putin further asked the delegates to work relentlessly for a free democratic country, development of nationwide tasks, realisation of new ideas and approaches. Discussions and competition, including within the party itself are very efficient tools for solving problems in the interests of the nation. United Russia has to do everything needed to instil both inside the party in particular and in society in general this political culture, an atmosphere of dialogue, trust and cooperation with all political forces of Russia.
G20 Summit: Looking for Compromise
The G20 is an important international forum, a meeting place for representatives of the world’s largest economies. Now, we can say that the division into the so-called “developed” and “developing” economies is irrelevant within this forum. Additionally, the G20 generally does, indeed, represent the interests of the global population, since its countries account for over 80 percent of the gross world product and two thirds of the entire population of the planet. It is also important to remember that such venues are very convenient for privately owned businesses, which, through the support of governmental agencies, can get favourable opportunities to hold talks with their foreign partners. Additionally, a rather large number of meetings and talks at G20 summits remains outside the spotlight, but their results confirm the significance of the many unofficial meetings, informal negotiations and talks on the side-lines of the summits. These meetings, which take place in a variety of formats, are vital for understanding the issues that are most important for leading international participants and whether there is consensus among them on the approaches required to resolve these issues. Moreover, as we consider meetings and agreements concluded on the side-lines of G20 summits, we can, to a degree, draw conclusions on the current configuration or re-configuration of international relations.
From the outset, we will note that the importance of G20 summits is gradually growing, even though they started out as meetings of ministers of finance and their initial goal was to formulate a joint response to global financial issues. Today, the summit has transformed into an international venue for discussing issues of global financial and economic policies and other pressing matters of the day. However, economic and financial issues remain significant for G20 discussions.
The summit is also important for the expert and political communities of various countries that assess the prospects of inter-country interactions. Apparently, at the Argentina summit, the meeting between Donald Trump and Vladimir Putin attracted the greatest interest, but it never happened, since the U.S. President cancelled it at the eleventh hour, which certainly demonstrates the growing tensions in U.S.–Russia relations.
At the same time, the summit is useful, since its function is not to settle bilateral relations, but to develop common approaches that satisfy different states with different economic indicators and representing different political regimes.
G20 summits are convened to discuss several pressing issues proposed by the presiding state.
The summit held in Argentina was devoted to building a consensus for fair and stable development. Face-to-face meetings between heads of state are particularly important for handling the task. The goal of the summit indicates that the global community is aware of the current tectonic shifts in the global economy and in world politics. For a full-scale scale discussion of the problem, four issues were put on the agenda: the future of work and new professions, infrastructure for development, sustainable food future and gender mainstreaming.
Clearly, the G20 is not just a venue for discussing issues that have been defined as key; it is also an opportunity to “compare notes” via different formats “inside” the summit. For instance, we can say that France, Germany, Austria and Italy did not represent themselves or their interests alone, but were also united by their common tasks as EU countries. In addition, as one of the world’s largest economies, the European Union is a member of G20 as a single body. At the present summit, the European Union was represented by the heads of the European Council and the European Commission, Donald Tusk and Jean-Claude Juncker. Similarly, BRICS countries use G20 to discuss issues of their own.
G20 in Implementing Russia’s Strategic Tasks
Russia’s current strategic priority is to take part in the establishment of the concept of a multipolar world and in elaborating new principles of interaction within integration processes in Eurasia. Therefore, special emphasis will invariably be placed on the possibilities for implementing the idea of “integrating integrations” at G20 summits, and this summit was no exception. In particular, special attention was paid to mechanisms for connecting the development of the EAEU with the “One Road – One Belt” strategy. In addition, issues of stepping up cooperation within BRICS are also addressed, and there is an ongoing search for parties interested in bolstering global political and economic stability through the instruments of “integrating integrations,” which entails Russia paying attention to China, India and other Asian partners, as well as the gradual stable growth of Russia’s interests in Latin America.
As for meetings that have the greatest significance for Russia, the key talks for understanding the development of Russia’s foreign policy are the now traditional sessions held with BRICS countries. In addition, a meeting was also held between the heads of state of Russia, India and China (in the RIC format). Objectively, this format could be the most efficient, since interaction between Eurasia’s three largest states is of principal significance for both regional and global security. The dialogue on security issues and collaboration in all areas will be continued at the second Belt and Road Summit in April 2019 that Xi Jinping invited Vladimir Putin to attend.
The President of the Russian Federation was probably one of the most active figures at the present summit. Naturally, he had a meeting with representatives of Argentina. It is all the more important today since the EAEU and MERCOSUR are building up their cooperation potential, and a Memorandum on Cooperation is being prepared. What is more, Russia and Argentina concluded an agreement on nuclear power generation that will allow Russia to start construction of Russian-designed nuclear power plants in Argentina.
The main topic of discussion at the meeting between Chancellor of Germany Angela Merkel and Vladimir Putin was the Syrian agenda. Indeed, an exchange of opinions on this question now, when various formats of building up the peace process are being discussed, is of particular importance. In addition, the President of the Russian Federation discussed the current situation in Syria with his Turkish counterpart, President Recep Tayyip Erdogan, who also confirmed the significance of the Turkish Stream for the stable and secure development of the economy of Turkey and other states.
The meeting between the President of the Russian Federation and Saudi Arabia’s Crown Prince Mohammed bin Salman focused on energy issues, with the two parties agreeing to extend the agreement on cutting oil production.
Vladimir Putin also met with Prime Minister of Japan Shinzo Abe, with the Japanese side raising the issue of concluding a peace agreement. For Russia, the issue is not particularly relevant anymore, and at the meeting, the two heads of state agreed to continue active cooperation to increase the level of mutual trust between the two sides.
Of course, a great number of people were interested in the informal conversation between Vladimir Putin and Donald Trump, who only had time to exchange opinions on the “Kerch Strait incident.” Trump’s refusal to meet with the President of the Russian Federation means a further loss of confidence between the two countries.
On the whole, meetings between heads of state were of particular importance at the summit, since, for instance, the meeting at the level of ministers of foreign affairs was downsized due to the absence of Russian and French ministers of foreign affairs, the U.S. Secretary of State and the High Representative of the Union for Foreign Affairs and Security Policy.
G20: The International Agenda
The so-called Iran nuclear deal has become one of the most crucial problems in international relations. Russia and the European Union have adopted the same stance on this issue.
In addition to economic matters, G20 also tackled the climate change problem and proposed complete and utter compliance with the decisions of the Paris Agreement on climate change. However, significant progress is unlikely after the withdrawal of the United States from the accord.
No less important were the discussions on the problem of terrorism. The G20 countries agreed that their Leaders’ Hamburg Statement on Countering Terrorism needed to be implemented. Incidentally, that statement declared the need to fight terrorism internationally in all its forms and manifestations. However, the current situation is extremely complicated, and discussions concerning Syria confirm this fact.
The influence of the European Union and the United Kingdom on the international security agenda and their claim that Russia is the main disrupting force are just as worrying. The European Union, in the person of Donald Tusk, sought to expand the summit’s agenda with a discussion of Russia’s so-called aggression against Ukraine, which he likened to the problem of trade wars. However, despite the suggestion put forward by both Tusk and the United Kingdom that the G20 discuss Russia’s allegedly impermissible conduct and use some instruments against it, the proposal failed to gain traction. It say a lot that the “Kerch Strait incident” did not overshadow any of the meetings held by the President of the Russian Federation at the G20 Summit.
The attention of international actors was also focused on the meeting between Donald Trump and Xi Jinping, who failed to achieve a consensus on economic interaction, but agreed to a 90-day moratorium on introducing increased tariffs. Accordingly, special hopes are pinned on this interim measure. Clearly, China will not make the unilateral concessions that the United States is calling upon it to do, appealing instead to the idea of a compromise.
Results of the G20 Summit
While the summit’s final declaration does not contain specific figures and objectives for the most sensitive issues on the agenda, it does offer mechanisms for their resolution. In this respect, the summit did not turn out to be a breakthrough in resolving pressing issues. However, it demonstrated that no issue will ever be resolved if the parties abandon dialogue and compromise.
The results of Russia’s efforts at the summit include the signing of a large set of bilateral agreements between public and private bodies. The summit also demonstrated that Russia is actively and successfully stepping up cooperation with Latin American countries and enhancing its multi-format collaboration with the BRICS nations, particularly with China and India.
It is both curious and telling that the media was most interested in the meetings held by Vladimir Putin, Xi Jinping, and Donald Trump. However, we should mention the different approaches of these heads of state. For example, the President of the United States demonstrated that his country was not especially interested in following the established rules and was far more concerned about retaining the right to develop new rules of the game independently of other participants in international relations. Meanwhile, China’s and Russia’s leaders spoke about cooperation and compromise both in their joint meetings held in various formats and in their conversations with other heads of state. Additionally, the fact that the world is changing rapidly was recognized at the summit, meaning that the rules of the game can and should be changed and that new rules need to be formulated, but only through collaboration and compromise.
The heads of state also appealed to the IMF and the World Bank to work towards improving the economic situation in various countries and increasing the transparency of their work in interacting with states. This should help reduce sovereign debt and ensure that the recommendations offered by international financial institutions in individual states are implemented more effectively.
In addition, the leaders of the G20 countries concluded that responses need to be developed to current and future challenges in the development of the WTO and attempts should be made to avoid excessive contradictions, sanctions and tariff restrictions. The parties also agreed that the WTO needs to be reformed for it to work more efficiently. This aspect will be considered at the next summit in Japan.
Interestingly, virtually all countries supported multi-laterality, confirmed their commitment to the rules of international trade and agreed that efforts to overcome crisis trends in the global economy should be stepped up in order to avoid a repetition of the 2008 global crisis. The final declaration states that the global economic growth is increasingly less synchronized between countries, which entails risks to economic security, particularly given geopolitical tensions and financial unpredictability. To overcome this problem, it is important to step up interaction and increase trust among all parties in international relations.
The G20 states also announced that it was necessary to continue joint work on studying the impact that the digitalization of economy has on the global tax system, which needs to be adapted to current conditions by 2019 (final decisions on the matter will be elaborated and published in 2020).
Thus, the G20 Summit in Buenos Aires once again demonstrated the significance of the mechanisms of dialogue and achieving compromise based on constant information exchange between countries. The compromise-based approach was officially adopted as the foundation of all agreements, and was the leitmotif of the event. Given the circumstances, an increasing number of states recognize their significance as participants in international relations and, with each passing year, they strive to more forcefully state their stance on the most sensitive issues. Clearly, the Russian Federation wholeheartedly welcomes this trend.
Therefore, it should be noted that the recent summit in Argentina demonstrated that the G20 is just that – a group of countries – and not a political club. This fact increases its significance as an organization exhibiting a multilateral, multi-format and pluralistic nature of today’s international relations. Active discussions in such a format confirm the relevancy of multipolarity and the current processes of reconfiguring the world. In such circumstances, Russia can most fully implement its interests and convey its vision of international matters. An analysis of the volume of news reports in the European media is quite telling in that it proves that EU journalists were primarily interested not so much in meetings of heads of EU states, but in meetings with the participation of the leaders of Russia, China and the United States, meaning that EU representatives were running second in the newsfeeds of many news agencies. Thus, the results of the summit allow us to state that there has been a significant increase in the international community’s attention on Russia.
First published in our partner RIAC
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