Daily Memo: India Enjoys the Perks of Nonalignment

Meanwhile, Xi Jinping hailed China as a model for other developing countries.

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Courting India. Western sanctions have led to payment difficulties, and Russia and India are discussing alternative currencies for settling trade, Indian officials said. Separately, the head of BrahMos Aerospace, an Indian-Russian joint venture, said sanctions will “never” disrupt the two countries’ defense relationship. Finally, the chief of Russian energy firm Rosneft said Russia is focused […]

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