Prime Minister Narendra Modi's recent visit to Tianjin, China, for the Shanghai Cooperation Organisation (SCO) summit marked a significant moment in India's diplomatic engagement with global powers. During the summit, PM Modi addressed critical geopolitical issues, engaged in high-level bilateral meetings, and emphasized the importance of regional cooperation and peace.
The SCO summit, a key platform for regional political, economic, and security discussions, saw the participation of major world leaders, including Chinese President Xi Jinping and Russian President Vladimir Putin. In his speech, PM Modi highlighted the importance of "exchanging perspectives" to promote peace and stability in the region.
This visit is particularly noteworthy as it is PM Modi's first to China since the 2020 border clashes. Both India and China expressed optimism about moving their relations in a "meaningful direction." PM Modi noted that there is now a peaceful environment along the borders following the disengagement, while President Xi expressed hope for healthier and more stable bilateral development.
On the sidelines of the SCO summit, PM Modi met with Russian President Vladimir Putin amidst escalating trade tensions with the United States. The Trump administration's imposition of a 50% tariff on Indian goods—citing India's purchase of Russian crude—has drawn attention to India's balancing act in international diplomacy.
Additionally, PM Modi met with Maldives President Mohamed Muizzu, reaffirming India's commitment to developmental cooperation with the Indian Ocean neighbor. The focus remains on mutual growth and regional solidarity.
In a noteworthy development aligned with the summit's theme of international collaboration, Jaipur-based Acolyte Technologies signed a Memorandum of Understanding (MoU) with both China for India-China Trade Relation and Nepal. This agreement aims to foster cross-border innovation and technological exchange, reflecting the rising global footprint of Indian startups.
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PM Modi's participation in the SCO Summit highlights India's active role on the global stage. With diplomatic channels strengthening and Indian startups like Acolyte Technologies gaining international traction, the future looks promising for India's economic and strategic ambitions. Entrepreneurs seeking to capitalize on this momentum can find a reliable partner in StartupFlora to guide them on their journey.