India can face Chinese challenges by uniting G-7 countries

New Delhi (Team Newsbuddy): The resolution proposal for strict economic sanctions against China approved at the G-7 summit, a group of the world’s seven largest and developed economies, has clear global implications. These resolutions will have far-reaching effects on the global economy. However, the rapidly changing times will tell how well they will stand in front of the trio of Russia, China and a faction of Arab countries supported by Iran-Turkey.

It is also important to understand what will happen if India and the third world countries mobilized behind it become neutral. By the way, the proposal was also agreed upon at the G-7 summit that sanctions will also be imposed against those Chinese companies that have helped Russia against Ukraine. Action will be taken especially against those Chinese financial institutions that have helped Russia to acquire weapons for the war against Ukraine. Possibly, India can also be one of them, because its love for Russia is well known.

At the same time, the two resolutions approved against China by the G-7 host Italy along with the US, Britain, France, Germany, Japan and Canada on the second day of the summit will definitely show their effect in the near future. Because in these, sanctions have also been promised against those institutions that have helped Russia to evade sanctions by transporting oil fraudulently. Naturally, India can also be one of them, because it purchased cheap crude oil from Russia on a large scale and earned huge profits by transporting it to European markets.