Now a new twist has come in the world’s economic sport. The tariff that US President Donald Trump imposed tax, has brought India, China and Russia together. These three big countries can now become such an economic force, which will make America and Europe sleep in the coming time.
According to a report by Mint, Russian President Vladimir Putin may come to India by the end of 2025. At the same time, Prime Minister Narendra Modi is also going to China soon. These are not just formal meetings, but are preparations for a new beginning. The three countries are now united with the transactions of business, oil, technology and money. If these three countries become true friends in the coming time, then Donald can be seen doing “Trahimam” in Trump.
According to experts, India, China and Russia have a total GDP (according to PPP) about $ 54 trillion. This is equal to one-third of the world’s one-third of the world. Not only this, these three countries are homes of 3.1 billion people – about 38%of the population of the whole world. Meaning, their domestic market is also one of the largest markets in the world.
Now these countries do not want to depend on the dollar
After the Russia-Ukraine war, the US and Europe imposed many strict restrictions on Russia. But India and China continued to buy cheaper oil from Russia – they also in their local currency, not in dollars. Due to this, more dollars have accumulated with these countries and now they want to make themselves less dependent on the dollar. Finance expert Sandeep Pandey says that the US wants the rest of the countries to do transactions in the dollar. But India, China and Russia now want to choose their own path. This can also change the world’s currency system.
Military strength and energy also dominated
India, China and Russia have now become big players of the world not only in business, but also in military strength and energy. The total defense expenditure of the three countries is around $ 549 billion. At the same time, 35% energy consumption of the world is consumed in these countries. Trump’s tariff policy made these countries realize that if they are united, they can compete with America’s Dadagiri. America is trying to do the rest of the countries only to protect them, but India is now looking at different routes with Russia and China.
Golden opportunity for India
Avinash Gorakshakar, an analyst from SEBI, says that this alliance can be very beneficial for India. Russia will get cheaper oil, investment from China will come and India can make a big benefit from its IT services and manpower. Apart from this, India has now come in a state of negotiation on China’s belt and road project. The tariff policies of America and Europe have weakened China and now China needs a partner like India. Finance expert Manish Bhandari says, now the time has come that the world should talk about India +2, not China +1. India is not only watching, but is also playing.