March 4, 2023 (EIRNS)–In the aftermath of the G20 Foreign Ministers meeting in India, Sputnik published interviews with various Indian experts commenting on the meeting’s outcome. “During his post-summit press conference,” Sputnik noted, Russian Foreign Minister Sergey “Lavrov said that Russia would continue to `focus on forming reliable transport corridors, independent payment systems, and the expansion of payments in national currencies within the framework of BRICS, SCO and the Eurasian Economic Union’.” One expert Sputnik asked to comment on these matters was Manjeet Kripalani, founder and executive director of The Gateway House: Indian Council on Global Relations, which is a Mumbai-based think tank originally modeled on the New York Council of Foreign Relations. She said that the outcome of the G20 meeting was “actually very exciting,” because it opened the opportunity to build a fairer world.
“It used to be that in the old days, the Western banks always were the ones that called the shots. That is no longer going to happen. There will be banks and financial intermediaries from around different parts of the world. In fact, it’s going to become a financially more equal world. On logistics — in fact, it is very good, because, again, the systems that exist have been disrupted. But what we are going to see, and there is going to be a renewed push, is to get the Eurasian systems and the customs unions, etc. to start reactivating. For instance, the international North-South Transport Corridor, which runs from Central Asia down to Iran, this is now going to be looked at again, because these are connectivity projects that are closer to West Asia, South Asia, Central Asia, maybe Russia and China. And Asia will see different kinds of connectivity, maybe maritime connectivity projects, I’m not sure. But certainly, these multimodal transport corridors are going to be looked at now with great interest,” Kripalani said.