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Welcome to the Indo-Russia maritime Silk Road — Pepe Escobar

Summary:
As energy or trade corridors, the fact is both Chennai-Vladivostok and Belt and Road spell out Eurasia integration. India in this particular case will profit from Russian resources traveling all the way from the Arctic and the Russian Far East, while Russia will profit from more Indian energy companies investing in the Russian Far East. The fine-print details of the Russia-China “comprehensive strategic partnership” as well as Russia’s push for Greater Eurasia were also discussed at length in Vladivostok. A crucial factor is that as well as China, Russia and India have made sure their trade and economic relationship with Iran – a key node of the ongoing, complex Eurasian integration project – remains. Poking Uncle Sam in the eye. How will he react? Most of all, Russia and India

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As energy or trade corridors, the fact is both Chennai-Vladivostok and Belt and Road spell out Eurasia integration. India in this particular case will profit from Russian resources traveling all the way from the Arctic and the Russian Far East, while Russia will profit from more Indian energy companies investing in the Russian Far East.
The fine-print details of the Russia-China “comprehensive strategic partnership” as well as Russia’s push for Greater Eurasia were also discussed at length in Vladivostok. A crucial factor is that as well as China, Russia and India have made sure their trade and economic relationship with Iran – a key node of the ongoing, complex Eurasian integration project – remains.
Poking Uncle Sam in the eye. How will he react?
Most of all, Russia and India reaffirmed an essential commitment since BRICS was set up over a decade ago. They will continue to “promote a system of mutual transactions in national currencies,” bypassing the US dollar.
One can easily imagine how this will go down among Washington sectors bent on luring India into the Trump administration’s Indo-Pacific strategy, which is a de facto China containment mechanism.
Asia Times
Welcome to the Indo-Russia maritime Silk Road
Pepe Escobar
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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