India & China Sign Border Pact Ahead of BRICS Summit
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On Monday the two BRICS member states with the largest populations, India and China, signed a pact aiming to resolve their 4-year-long military standoff against each other over border disputes. The pact was signed the day before the 2024 BRICS Summit which will run from October 22 to 24.
“We reached an agreement on patrolling, and with that we have gone back to where the situation was in 2020 and we can say … the disengagement process with China has been completed,” Indian Foreign Minister Subrahmanyam Jaishankar said at a NDTV media conclave and was reported in Reuters on Monday.
At the BRICS Summit in Kazan, Russia, member nations will meet to discuss the creation of a multipolar world order, no longer dominated by the Western financial system.
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The pact also comes at a time when China is overtly transitioning to a wartime posture against the West while NATO battles Russia over Ukraine, driving a military wedge between the two financial orders. Iran, now a member, is facing a possible attack by Western-backed Israel.
The 2024 meeting is the first full summit following the formal incorporation of Iran, Egypt, Ethiopia, and the United Arab Emirates into the bloc, according to news publication Foreign Policy. 34 countries have also applied for BRICS membership.
During the summit, it is likely that Indian Prime Minister Narendra Modi and Chinese Ruler Xi Jinping will meet, now under more friendly terms, while the BRICS nations discuss the future of their economic order, no longer hindered by Sino/Indian conflict.
Reuters reported that the now-resolved border standoff had strained diplomatic ties between the two population-dense countries and stifled business interactions.
