
Image credit: Kremlin
IPD’s Research Director Arta Moeini was quoted in the American Conservative commenting on the consequences of pressuring India to align on Western sanctions against Russia over Ukraine.
The following is an excerpt from the full piece published on March 24, 2022.
“Coercive pressures on New Delhi to forgo its strategic autonomy and bandwagon with the West will only alienate India [and] likely accelerate trends toward the decoupling and the de-dollarizing of the global economy—threatening long term U.S. interest in retaining its financial primacy through the power of the dollar for short-term moralism that is of doubtful benefit in bringing peace to Ukraine.”