India’s Modi makes first-ever visit to Kyiv

Prime Minister Narendra Modi emplanes for two-nation state visit to Poland and Ukraine, in New Delhi on Wednesday.
Prime Minister Narendra Modi emplanes for two-nation state visit to Poland and Ukraine, in New Delhi on Wednesday.
ANI via Reuters Connect
On Friday, Narendra Modi will become the first Indian prime minister to visit Ukraine. Modi says the purpose of his stop in Kyiv, coming after a trip to Poland, is to “share perspectives” on ending the Russia-Ukraine war. Back in July, Modi visited Vladimir Putin in Moscow on a trip that rankled New Delhi’s friends in Washington, even if Modi did deftly rebuke Putin for killing Ukrainian children.

India’s balancing act. New Delhi has long-standing economic and military ties to Moscow and has called for diplomacy but refused to condemn the invasion. India continues to buy Russian oil at a discount.

But India is also an important ally of the United States, owing to their shared concerns about China. Modi’s visit to Kyiv is meant in part to ease concerns in Washington while also showing Russia that he has his own prerogatives. Putin will not love the fact that Modi is in Kyiv while Ukraine still occupies Russian territory and is swarming Moscow with drones.

Could India make progress towards peace? It’s a long shot. The US, and especially China, are better equipped to offer the necessary economic and security guarantees. Still, India will play an important supporting role in any settlement. Modi’s trip is at least partly about exploring what that might be.

More from GZERO Media

Alice Weidel, AfD national chairman, waits on the sidelines of her party's national convention for a TV interview to begin. The AfD wants to adopt its election program in Riesa.
Sebastian Kahnert/dpa via Reuters Connect

European media is abuzz with a new term embraced by Alternative for Germany, or AfD, party chair Alice Weidel during her disturbing speech at the far-right party’s leadership conference on Saturday: “remigration.”

South Korean President Yoon Suk-yeol speaks on the government budget at the National Assembly in Seoul, South Korea, 25 October 2022.

JEON HEON-KYUN/Pool via REUTERS

3: Despite being impeached and having a warrant out for his arrest, South Korean President Yoon Suk Yeol received his scheduled 3% pay raise on Monday, raising his annual salary to 262.6 million won, or $178,888.

As the macro landscape evolves and new market dynamics emerge, corporations and investors must understand the trends driving capital allocation, sector shifts, and emerging opportunities to position themselves for success. While there is growing optimism in the market, critical questions persist about geopolitical risks, the impact of tariffs and trade policies, the long-term outlook for the USD, and how to interpret the economic narratives and structural changes likely to shape the immediate future. Get insights from RBC Capital Markets experts on the economy, markets, and deal activity.

Former (and incoming) President Donald Trump and Ukraine's President Volodymyr Zelenskiy meet at Trump Tower in New York City, on Sept. 27, 2024.
REUTERS/Shannon Stapleton

President-elect Donald Trump promised on the campaign trail to end the war in Ukraine “on Day One” of his administration. His supporters have long argued Trump should be taken seriously but not literally, and his team has since rolled back that expectation and insists on a 100-day ceasefire timeline instead.