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Important for India, China to work together to bring stability to world economic order: PM

Important for India, China to work together to bring stability to world economic order: PM


Prime Minister Narendra Modi’s recent remarks underscore the critical need for cooperation between India and China to stabilize the world economic order. During his visit to Japan on August 29, 2025, Modi articulated a framework for future bilateral relations, emphasizing mutual respect, interests, and sensitivity.

### Bilateral Relations: A Path Forward

The Prime Minister’s call for improved relations arises at a notable time in international politics, especially as the global economy contends with volatility. Both India and China, as two of the largest economies, have the potential to significantly influence global stability. Modi noted that stable and amicable relations could yield positive impacts on peace and prosperity, both regionally and globally.

Modi’s upcoming participation in the Shanghai Cooperation Organization (SCO) Summit in Tianjin, at the invitation of President Xi Jinping, is a critical step towards furthering diplomatic engagements between the two nations. His previous meeting with Xi in Kazan had reportedly led to steady and positive progress.

### Multi-Polar World Dynamics

In an increasingly multi-polar world, Modi emphasized that the collaboration between India and China plays a vital role in shaping not only regional dynamics but also global governance structures. He highlighted the importance of strategic communication in addressing shared developmental challenges while fostering bilateral relations.

This emphasis on collaboration resonates with the broader vision of a multi-polar Asia, where various countries work collaboratively rather than through unilateral power structures. The Indian Prime Minister’s remarks serve as a call to action, encouraging nations to pursue mutual benefits, especially in terms of economic stability.

### Indo-Pacific Strategy

When questioned about Japan’s concept of a free and open Indo-Pacific, Modi acknowledged the strong convergence between India’s and Japan’s visions. He reiterated India’s commitment to a peaceful and prosperous Indo-Pacific, where territorial integrity is respected. His emphasis on collaborations with Japan highlights how bilateral ties can also strengthen regional alliances, enriching the geopolitics of the Indo-Pacific.

### Stand on Global Conflicts

In light of the ongoing conflict in Ukraine, Modi maintained a humanitarian perspective, advocating for dialogue and diplomacy. His conversations with both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy reflect India’s nuanced approach to international crises, aiming for peaceful resolutions.

This stance aligns with India’s broader principles of maintaining balanced relations while fostering stability. The Prime Minister’s efforts signify India’s potential role as a mediator, enhancing its status on the global stage.

### Prioritizing the Global South

A critical aspect of Modi’s discourse was the emphasis on the Global South, where many countries confront significant challenges, including economic instability, environmental degradation, and food insecurity. Modi’s assertion that the needs of the Global South must take priority in global governance resonates strongly, especially in light of the pandemic’s impact on these nations.

His initiatives, such as the International Solar Alliance and the Global Biofuels Alliance, aim to promote sustainable development tailored to the needs of the Global South. As the Prime Minister stated, India has worked diligently to place these issues at the forefront of global discussions, advocating for equitable solutions to pressing problems faced by developing countries.

### BRICS and Global Reforms

Modi also highlighted India’s commitment to BRICS as a critical platform for mutual understanding and cooperation among emerging economies. His advocacy for reforms in global multilateral institutions underscores the need for these organizations to be more reflective of current geopolitics and economic realities.

Engagement through platforms like BRICS and the Quad illustrates India’s strategic attempts to extend support to countries in the Indo-Pacific, enhancing development and cooperation in various sectors.

### Conclusion

Prime Minister Modi’s comments reflect a thoughtful approach towards international diplomacy, focusing on cooperation, strategic communication, and mutual respect between India and China. The prospect of a stabilized world economic order hinges significantly on the relationships cultivated between these two nations.

India’s leadership is poised to play a central role in addressing global challenges, especially concerning the Global South. By prioritizing collaborative, strategic engagements, both within traditional and new regional frameworks, India can potentially be at the forefront of a more stable, equitable, and multi-polar global order.

Recognizing the interconnected nature of today’s challenges is vital, and Modi’s insights manifest a commitment to a diplomatic path characterized by mutual benefit, understanding, and respect—elements that are essential for fostering peace and prosperity in an unpredictable global landscape.

As the SCO Summit approaches and dialogues continue, the efficacy of India and China’s collaboration could very well determine the trajectory of global economic stability and political relations in the coming years.

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