fbpx
Daily Current Affairs for UPSC

International Support to Ukraine Still alive post 2 years of war

Syllabus: International Relation [GS Paper-2]

Context

Despite the Ukraine war continuing for more than the last 2 years, the global support to Ukraine in this crisis time is still alive and it seems from the scenario, there are very little signs of ceasefire and de-escalations.

Present war statistics

Sanctions on Russia from various aspects

        • On Financial Sector
        • In order to counter Russia’s attempt to evade the earlier sanctions and to maintain a perfect synchronisation in terms of international financial transactions the current sanctions are targeted. This is called the Mir Payment system and was launched in 2017 in Russia.
        • Basically the current sanctions are imposed on various russia’s banks and Financial Institutions such as Fintech companies, venture capital funds etc.
        • Energy Sector
        • In order to cut off the future energy productions, the Arctic LNG Project was targeted for the sanction to be imposed and this sanction was specifically targeted for the development and operation of the Arctic LNG project.
        • To support Russia’s Military base and infrastructure, along with Russia’s evasion of sanctions for the entities which are based in international locations such as China, Turkey, United Arb Emirates, Kazakhstan etc.
        • Violation of Human Rights
        • The prominent opposition leader, Alexi Navanly who was also an anti-corruption activist and politician, whose death was a trigger point for the sanctioning of Russian federal Penitentiary service officials.
        • Ukrainian Children were forcibly transferred to russian camps, belarus camps and crimea camps

Military Supports and Financial Support to Ukraine

  • US Support, EU Support  to Ukraine in terms of billions regarding weapons, equipment and humanitarian assistance etc was the measure breakthrough in supporting Ukraine in the war Scenario.
  • Security agreements were signed by Germany and France with Ukraine for the next 10 years along with the significant announcement of Additional Military Aid in 2024.
  • Other Factors include such as Russia’s hidden Mobilization, Military stalemates and Humanitarian Crisis etc.

International Impact of the War in the last two years

Following are the measure impacts happened in the two years of War

  • Humanitarian Crisis which includes loss of lives and displacement.
  • Economic Impact includes global inflation in food and energy markets, sanctions and economic disruptions, loss to Ukraine GDP, Food Security issues etc.
  • Geopolitical Impact

Impact of the sustained ukraine war on India

  • The Ukraine war has a multifaceted impact on India’s Balanced International diplomatic relations.
  • Access to Russian Crude Oil was highly impacted 
  • There has been a growing interest in the Indo-Pacific and the Quad
  • Strengthening China-Russia Relations
  • No visible end to the war
  • Contradictory Peace Plans

Conclusion

There must be an international community who comes up with the prioritised goal of dialoguing among the war nations and returning to the negotiation table to end the global instability and maintain peace.

Source: The Indian Express

UPSC Prelims Practice Question:

Q.Consider the following statements regarding the prevailing Ukraine War

  1. The Ukraine war has a multifaceted impact on India’s Balanced International diplomatic relations.
  2. Access to Russian Crude Oil was highly impacted

Which of the following is true for the above statements

a. 1 only

b. 2 Only

c. 1 and 2 only

c. None of the Above

Ans: “c”

image_pdfDownload as PDF
Alt Text Alt Text

    Image Description





    Related Articles

    Back to top button
    Shopping cart0
    There are no products in the cart!
    0