Future of Sanctions Policy in a Multipolar World

Based on the foregoing, and taking into account countries’ experiences between 1992, when the unipolar world was established, and 2024 – namely, that the initiators of draft resolutions in the UN Security Council on restrictive measures were Western countries, we can assume that such attempts will continue in the future; we should not expect changes in Western sanctions policy, Milana Živanović writes. On May 30, 1992, amid the war in…

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The Republic of Belarus in the SCO: The European Dimension of Eurasian Security

The Republic of Belarus has clearly expressed a desire to cooperate and build relationships in its foreign policy. As a country with an open economy (export quota exceeds 50%), Belarus has long been actively involved in various integration associations in the region (the CIS, EAEU, and the Union State of Belarus and Russia), international organisations (CSTO) and initiatives (for example, China’s Belt and Road). At the same time, the range…

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Tax Deduction: The Essence, Shortcomings and Prospects of Israel’s Practice of Collecting Taxes for the PNA

There are various theories explaining the motivation of both the past and current leadership of Israel to follow the path of economic rapprochement with the enemy in the regional conflict. According to the political interpretation, the desire to slow down the emergence of a Palestinian state is to blame. Following this logic, the Israeli authorities continued to refrain from changing the established practice, for fear of creating the illusion of…

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Fundamental Basis for Rapprochement Between Russia, Iran and China

Over the past several years, we have observed an increasing rapprochement between Russia and Iran in different areas - political, geostrategic, military, economic, trade and transport. It is not only notable at the level of rhetoric; it is also being expressed in concrete steps. However, we see that a series of visits by Russian delegations to Tehran have produced limited results. What could this be connected with? How can one…

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SCO, NATO and the Fate of International Cooperation. Part 2

SCO, NATO and the Fate of International Cooperation. Part 1The Shanghai Cooperation Organisation, unlike NATO, is not underscored by decades of tradition or any fundamental philosophy. It did not grow out of the experience of several centuries of interaction between states with relatively similar internal orders and a similar view of the world. Moreover, at first glance, the SCO member countries have little need for cooperation among themselves as a…

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Charting India’s Foreign Policy Course: Challenges and Prospects Under Modi 3.0

Coalition Politics and The Rise of the Opposition With a coalition government steering foreign policy, questions have arisen about its coherence and impact. History offers some insights. In 2008, the Manmohan Singh government faced challenges due to a coalition partner's opposition to the US nuclear deal. However, experts believe the current situation might be different. Ambassador Shyam Saran, former Foreign Secretary of India, has emphasised that a coalition's success in foreign…

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The Dark Side of Brussels’ Energy Policy: Climate Transition Primarily Serves the Nuclear Industry

Good business opportunitiesThe framework conditions for the nuclear lobby in Europe have rarely been as favourable as they are at present. The explanation is simple: if the EU wants to reduce energy imports from third countries, it must significantly increase its own energy production. In 2022, the EU's energy dependency totalled 63%, meaning that it must cover more than half of its energy needs using imports. In addition to Germany,…

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SCO, NATO and the Fate of International Cooperation. Part 1

In July 2024, we witnessed two international summits which were of fundamental importance regarding how the space around Russia and throughout Eurasia will develop: that of the North Atlantic Alliance in Washington (July 9-11) and that of the Shanghai Cooperation Organisation in Astana (July 3-4). These organisations are almost total opposites: NATO is an old military alliance created in the very first years of the Cold War, while the SCO…

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History for Decades: The Present and Future of Sanctions Against Russia

On August 16, the Valdai Club hosted an expert discussion, “Sanctions against Russia – from here to eternity?” Moderator Ivan Timofeev noted that despite the legal possibility of lifting unilateral restrictive measures, the reasons for their introduction against Russia remain and are getting worse. Accordingly, he added, Russia will probably live under sanctions for decades.Dmitry Birichevsky, Director of the Department of Economic Cooperation of the Russian Foreign Ministry, emphasised that…

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Dynamics of Dissent: The Western ‘Rules-Based Order’ and the Quest of the Global South

Recently, the West convened the so-called “Ukraine Peace Summit” in Switzerland. The event intended to address internal and external issues, but failed on both fronts due to its reliance on an escalation strategy. Internally, the summit aimed to function as a form of "collective catharsis," placing blame on Moscow for the problems faced by Western countries. This was an attempt to justify socio-economic difficulties to their citizens, such as rising…

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The Value of Trust in World Politics

In this case, the relations of the same states may change as a result of the change of their representatives in negotiations. With one president (or minister), the factor of personal trust contributes to the success of negotiations, while with another leader of the same country, personal distrust undermines this. As an example, Donald Trump’s famous phrase “I had no wars. I’m the only president in 72 years, I didn’t…

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Trump or Harris: Does it Matter for China?

Trump changed the approach to China both at the doctrinal level and at the level of practical policy. In doctrinal terms, Trump exacerbated all the comments that were previously made about the PRC in a cautious and delicate manner: China is an authoritarian country with a communist regime that has little in common with American values. The rise of the PRC is a problem and a challenge for the United…

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In Search for an Accommodation. Iran’s Foreign Policy under Masoud Pezeshkian

A careful reading of the Iranian new president’s political positions demonstrates that he is seeking for an “accommodation” in foreign policy through constructing a political consensus in the domestic politics, bridging the reformist and conservative forces, Kayhan Barzegar writes. On July 5, 2024, Masoud Pezeshkian was elected as the 14th President of the Islamic Republic of Iran. During the presidential champions, he emphasized that he would try to remove the…

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Turkish Challenge in Central Asia

Turkey has successfully promoted its own multilateral format, the Organisation of Turkic States, which has gradually grown from a platform for dialogue into a full-fledged organisation promoting close cooperation in a wide variety of areas. Turkey has set quite ambitious goals for itself — turning it into a Turkic-speaking analogue of the EU. Turkey seeks to implement the concept of “Great Turan”, uniting the Turkic peoples around itself under the…

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The Rasht-Caspian Railway and the Cycle of ‘Combined Transport’ in the International North–South Transport Corridor

Since the major part of Iran’s trade with Russia takes place with the western, more densely populated part of this country, including the cities of Moscow, Saint Petersburg, Kazan, Rostov and the North Caucasus, the main route of trade and transit between the two countries necessarily passes through the Republic of Azerbaijan. Given these circumstances, the lack of a direct rail route has had a very negative impact on the…

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BRICS and the IMF Debt Traps. What Can the Contingent Reserve Arrangement Do for the Global South?

There are even two new BRICS members in this situation: Ethiopia and Egypt, the latter of which, as well as being a BRICS member, is also a member of the NDB, which has another member, Bangladesh, in the same situation. Ethiopia declared a default on its debt services in December 2023 (US$ 31 million) and is being pressured by the Paris Club to guarantee a US$ 3.5 billion loan with…

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Confiscation of Russian Assets: Politics Versus Economics

Politicians in American partner countries are obviously concerned that a new wave of crisis of investor confidence, provoked by the United States, will spread to their jurisdictions. Former British prime minister Rishi Sunak has repeatedly called for countries “to be bolder” in the confiscation of Russian assets; however, the confiscation bill introduced in Parliament was rejected, and representatives of the House of Lords, the Bank of England and many British…

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A Year After the Summit: Development of Russian-African Cooperation

The Second Russian-African Conference of the Valdai Discussion Club was held at a high academic level and aroused wide media interest both in Russia and Tanzania. The African participants of the conference expressed a strong interest in continuing this work. In late July 2024, the Valdai Discussion Club held its Second Russian-African Conference. A year ago, ahead of the Russia-Africa Summit, the club organised the first conference of this kind…

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The Common Strategic Vision: The Reaction of Russia, the DPRK and the PRC to the Results of the NATO Summit in Washington

The reaction of Moscow, Pyongyang and Beijing, voiced essentially in unison by states which are organisationally independent and despite the lack of any special coordination on their part, is not only not accidental, it is quite natural: it reflects a common or very similar vision of strategic threats and challenges to their own national security both in the East Asian region and in the world as a whole, Alexander Vorontsov…

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Technological Cooperation Between Russia and African Countries

Cooperation between Russia and African countries in the field of cloud technologies seems quite promising. The fact is that in Africa there is a great need for such cloud technology solutions, since today many government agencies in African countries are forced, for the most part, to use Google’s cloud services, which do not guarantee data confidentiality, in order to organise effective collaboration with files and documents. In this regard, an…

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Eurasia’s Security System: The Economic Aspect

Speaking at the Russian Foreign Ministry on June 14, 2024, Russian President Vladimir Putin revealed the key principles of the security architecture of Eurasia. The idea itself was voiced in the president’s message to the Federal Assembly on February 29. It is highly likely that it will become one of the supporting structures of the new Russian vision of security on the continent. The principles revealed by the president indicate…

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Defeat for the Winners and Victory for the Losers: French Society and Parliament after the July 2024 Elections

A Pyrrhic victory for the left The proportional European elections in June 2024 brought a clear victory to the National Rally (31%, versus just 14% for the President’s party), the main opposition force in France. This was already a very strong signal to abandon the EU at a time when the European Commission, with the support of Macron, was preparing to create a supranational European federal state. The French President…

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Sailing Into Unchartered Waters in Times of a Great Transition

This year marks the start of a new period of changes in modern history. We are certainly sailing into unchartered waters in times of a great transition, whereby extra caution must be taken by all nations, big and small, to guide our way forward. Nelson Wong writes on the causes of geopolitical shifts and on Putin’s six principles. The unfolding of events in recent years confirms that we are entering…

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Globalisation and Deglobalisation: Impact on Spatial Organisation

Geography is history in space, and history is geography in time. In the context of deglobalisation, the relationships between space and time have become much more complex and interesting. A recent commentary by Natalia Rutkevich drew attention to the profound changes in the territorial organisation of France under the influence of globalisation. Many studies have been devoted to these changes, of which I would like to especially note the book…

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Georgian Black Sea Ports: A Stimulus or Stumbling Blocks for the Middle Transport Corridor?

Any successful development of the Middle Corridor will at best take years and at worst remain uncertain, Franz J. Marty writes. The Middle Corridor, a transport corridor meant to connect China to Europe via Kazakhstan, the Caspian Sea, the South Caucasus, and the Black Sea, has received increasing attention and is often displayed as a main future thoroughfare and replacement for the Northern Corridor between China and Europe, which goes…

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BRICS as an Alternative Rule Maker in Global Governance

The West, led by the US, has been the main global rule-maker for decades. However, the ‘Rest’ have not been satisfied with the global rules made by the West. In order to address how we must develop an alternative world order, we need to understand the shortcomings of the one which currently exists. The main problems with the present international order are not with its values or institutions, but with…

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Cooperation Between Russia and Africa in the Programmes of the Valdai Club

On July 24, 2024, the Valdai Discussion Club will hold the 2nd African Conference, titled “Russia – Africa: Strategy for Cooperation in a Multipolar World.” The first African conference was held a year ago in St. Petersburg on the eve of the Russia-Africa summit. Now, for the first time, the Valdai Club Conference will take place on African soil. It will be held in Dar es Salaam, Tanzania with the…

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Presidential Elections in Iran: The Impact on the Foreign Policy of Tehran

We can assume that the new Iranian president and his pro-reform team will strive to pursue a more balanced foreign policy course; without highlighting any of its directions, it will advance where circumstances allow, without crossing the “red lines” outlined by Iran’s top leadership, Alexander Maryasov writes. The victory of the moderate reformer Masoud Pezeshkian in Iran’s early presidential elections came as a surprise to many, both in the Islamic…

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Russia and Africa: Reliable Partners

On July 19, the Valdai Club held an expert discussion dedicated to the 2nd Russian-African Conference, titled “Russia – Africa: A strategy for cooperation in a multipolar world,” which will take place on July 24 in Dar es Salaam, Tanzania. Moderator Oleg Barabanov invited participants to discuss how Russian foreign policy with regards to Africa is developing and what tasks it sets for itself.Oleg Ozerov, Ambassador-at-Large of the Russian Ministry…

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Russia-Africa Cooperation: Outlook and Objectives

Russia-Africa relations have become more substantive and regular over the past year, with development strategies, plans, roadmaps and summit meetings, that have become regular despite the challenges and plans for annual Russia-Africa ministerial conferences. The range of the key Russian actors in Africa has changed, the list of Russia’s privileged African partners has been expanded and Russia’s contribution to the sovereignty and development of African countries has become more substantial.…

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Is Peace Between Ankara and Damascus Possible?

In the near future we can expect the normalisation of relations between Turkey and Syria, since this is beneficial and necessary for both parties, writes Murad Sadygzade, President of the Centre for Middle Eastern Studies, Head of the Centre for Education and Cooperation of the Institute of Oriental Studies of the Russian Academy of Sciences. This process will enter an active phase, probably after the visit of Russian President Vladimir…

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France’s New and Unbalanced Approach in the South Caucasus

If Armenia wants to take steps to reduce its military and defence obligations to Russia by withdrawing from the CSTO, France has a difficult road ahead filling the military and defence vacuum there, writes Valdai Club expert Vali Kaleji.  In his article, Dr. Vali Kaleji, a Tehran-based expert on Central Asia and Caucasian Studies, postulates that Nikol Pashinyan’s rise to power in Armenia in May 2018, the decline of relations…

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Run to Africa

The African elites have formed a strong desire to achieve a prominent position both in the global hierarchy and in international trade and the overall distribution of global goods, writes Valdai Club Chairman Andrey Bystritskiy.When we say that the world is beginning to move, and a new world order is emerging, it’s important to understand that all relationships are undergoing change and transformation, including those between continents, regions and countries.…

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The Future of BRICS Countries in a Multipolar World: Humanitarian and Long-Term Dimensions

It is important that efforts be made in a more tangible and practical way to bolster our common humanity should we seek a shared destiny. Drawing upon the uneven distribution of knowledge competences, it could prove useful for the BRICS+ to utilise their capacities and capabilities in science and technology to provide information and technical solutions on a more socialised basis, Rasigan Maharajh writes.World history is characterised by geopolitical tensions,…

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Russia’s Food Assistance to Africa and the Situation on the Global Grain Market

Having chosen The Formation of New Centres of Growth as the Cornerstone of a Multipolar World as its main theme for 2024, the St Petersburg International Economic Forum featured discussions on a wide range of international development matters. The western sanctions against Russia placed food security among the challenges the world is facing today. The President of Russia announced the key objectives in terms of developing agriculture. The first one…

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The Results of Foreign Policy Season: A Multipolar Whirlpool

On July 10, 2024, the Valdai Club hosted an expert discussion, titled “Russia in the World: Results of the Foreign Policy Season 2023-2024”. Moderator Ivan Timofeev called this season quite eventful. He highlighted the emergence of the concept of a Eurasian security structure in Russian foreign policy philosophy, the expansion of BRICS, Vladimir Putin’s visits to the DPRK and Vietnam, deepening interaction with Iran, joint exercises with China, Russia's presence…

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Bends in the East: Russian Policy in Asia Becomes More Flexible

It is now most promising for Russia in Asia to focus on dialogue with individual countries in the region, taking into account the interests of each of them and its own. But strengthening relations at the country level is a matter of painstaking work by diplomats and business, of little interest from the point of view of public policy and the media, writes Valdai Club Programme Director Timofei Bordachev. The…

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UK: Labour Returns to Power

The results of the parliamentary elections in the United Kingdom on July 4, 2024, were not something unexpected, writes Konstantin Khudoley, head of the Department of European Studies at the Faculty of International Relations at St. Petersburg State University. For many decades, the UK political system has worked like a pendulum, with the two largest parties taking turns in power. There was no doubt that after 14 years of Conservative rule,…

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Russia and India on the Eve of a Multipolar World

On July 9, 2024, the Valdai Club hosted an expert discussion about the results of the visit of Indian Prime Minister Narendra Modi to Russia. Moderator Ivan Timofeev emphasised that this was the first international visit of the Indian leader since he was re-elected. There have been no direct Russian-Indian summits for a long time; during this time, many important issues have accumulated and the need for a kind of…

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Russia – Africa: Strategy for Cooperation in a Multipolar World. The Second African Conference of the Valdai Discussion Club

On July 24, 2024, the Valdai Discussion Club will hold its second Russian-African conference, titled “Russia – Africa: A strategy for cooperation in a multipolar world.” It will be held in Africa for the first time - in Dar es Salaam, Tanzania at the Johari Rotana Dar es Salaam hotel at 14909 Mansfield Street. The Valdai Club's partners in organising the conference are the Embassy of the Russian Federation in…

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