AGP Executive Report
Last update: 7 hours agoBRICS Summit in New Delhi: Leaders including Xi, Modi and Putin are converging for the 18th BRICS meeting as India pushes the bloc to cut trade barriers, link payment systems and keep sea lanes open, with Modi stressing freedom of navigation and seafarer safety amid West Asia and Ukraine shocks. India-Russia and India-Iran diplomacy: Modi met Putin to review defence, energy and trade ties, while also holding talks with Iranian President Masoud Pezeshkian, who vowed Iran “will not be bullied” and urged dialogue to resolve the West Asia crisis. West Asia shipping risk: Saudi Arabia shut a major oil pipeline after attacks, as Houthis seize Yemen’s Red Sea coast and islands near Bab el-Mandeb, raising fears for oil shipments to Asia. South Asia wildlife crackdown: Nepal hosted adoption of the “Kathmandu Declaration” to curb illegal wildlife trade through regional coordination, intelligence sharing and financial investigations. Regional security and disarmament: Central Asian foreign ministers marked 20 years of the Central Asia nuclear-weapon-free zone, warning arms-control erosion and mistrust are straining global security. Markets: Asia stocks slid in a broad risk-off move as oil prices jumped and the KOSPI fell below 7,000.
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