Modi and Xi Agree to Intensify Efforts on Border Dispute Resolution

Chinese President Xi Jinping's visit to India for the BRICS summit, his first since 2019, confirms a deliberate effort to thaw bilateral relations with India after years of border tensions. Xi and Indian PM Modi have agreed to intensify efforts on border dispute resolution and manage differences, though concrete agreements remain unspecified. Separately, both leaders offered to mediate the Ukraine conflict during bilateral talks with Russian President Putin, as confirmed by the Kremlin.

The BRICS summit in New Delhi is characterized by a significant thaw in India-China relations, marked by Xi Jinping's first visit since 2019 and bilateral meetings with PM Modi to address border disputes and boost trade. Concurrently, the bloc is consolidating efforts to counter US influence through de-dollarization and expansion, with Russia deepening economic ties with India. Confidence in these developments is Medium-High, though concrete outcomes on border agreements and de-dollarization remain uncertain.