Russian want to create new G8

Russian want to create new G8 

Russia is going to create the new world group of 8 countries which have been so far refused to participate in the “sanctions war”. With these countries, Russia wants to create a “new Big Eight” group with Moscow government.

Group of 8:

The group of eight countries not entering in the sanctions wars on Russia-Ukraine war.

These big 8 countries are: China, India, Russia, Indonesia, Brazil, Mexico, Iran and Turkey which had around 25% GDP contribution in terms the old group of G7 and The USA.

The US and other G7 countries – Japan, Germany, Britain, France, Italy and Canada had pushed the other nations together “to crack under the weight of sanctions imposed against Russia”. But the new group of ‘new G8’ is comprised of “countries wishing to build an equal dialogue and mutually beneficial relations”.

Russian president had also insisted that it is not possible to “fence off” a country like Russia from the outside. Russia has the chance to create partnerships not only with China and India, but also with Latin America and Africa.

Stand for India:

Indian foreign policy with Russia is standing on bilateral ties which has significant role for between two countries. Russia has been considered as longstanding and time-tested friend for India. Russia has contributed a significant role in its economic development and security.

While India has attempted the cessation of violence in Ukraine, it has ceased short of out rightly condemning Russia’s actions. New Delhi had chose to focus on its massive evacuation efforts from Ukraine towards the beginning of the war, refrained from voting against Russia at the UN and repeatedly called for a peaceful and diplomatic resolution.

Turning point of growth:

The move by Washington and its allies to cutting the existing economic ties has created new points of growth in the world.

Contribution of USA:

The United States, with its own hands, has made conditions for countries which forced countries to build an equal dialogue and mutually beneficial relations.

This reason has made these countries to actually create a new G8 group with Russia.

Question & Answer:

Q1. Which nation has offered to create new G-8 (group of 8 countries) in the world?

Ans. Russia

Q2. Give the name of 8 counties which mentioned in newly created ‘G-8’ by Russia.

Ans. China, India, Russia, Indonesia, Brazil, Mexico, Iran and Turkey

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