Vladimir Putin Defends Ukraine Offensive at SCO Summit Russian President Vladimir Putin defended his country’s Ukraine offensive at the Shanghai Cooperation Organisation (SCO) summit in Tianjin, China, attributing the three-and-a-half-year conflict to Western actions, Putin cited the 2013-2014 pro-European revolution in Ukraine, which ousted a pro-Russian president, as a West-provoked coup that sparked the crisis. He further pointed to NATO’s efforts to integrate Ukraine as a key driver, echoing long-standing claims without evidence, according to Reuters. Addressing allies like Chinese President Xi Jinping and Indian Prime Minister Narendra Modi, Putin advocated for a new global system to replace “outdated Eurocentric models,” positioning the SCO as an alternative to Western-led blocs like NATO.
Putin’s remarks come amid stalled peace efforts, with US President Donald Trump urging negotiations, yet Putin’s demands for Ukraine to cede territory and abandon Western support have been rejected by Kyiv as non-starters. He expressed appreciation for China and India’s proposals to resolve the conflict, planning to discuss recent talks with Trump in bilateral meetings, according to Reuters. The SCO, comprising 10 member states and 16 observers, is framed by Moscow and Beijing as a counterweight to Western influence, with its influence growing despite vague goals. Beneath the surface, Putin’s stance reveals complex geopolitical currents.
The conflict’s economic ripples, including sanctions and trade disruptions, pose risks to global markets Asia estimating a $1.9 trillion impact across affected regions. ODATA’s report of over 8 million global DDoS attacks in 2025 underscores digital vulnerabilities that could exacerbate tensions, per Trading Economics. Reuters highlights the SCO’s expanding role, with members like Iran and Belarus strengthening anti-Western alignment. Investors monitor these developments, as geopolitical stability is critical to sustaining confidence in global trade. The summit’s focus on a multipolar world order aligns with broader shifts in global alliances, as noted by The Guardian. Putin’s rejection of ceasefire calls and insistence on territorial concessions complicate diplomatic resolutions. Meanwhile, high-tech sectors, including cybersecurity, remain resilient with PMI scores above 50, per government data, offering opportunities amid instability. Investors eye Putin’s diplomatic moves, as the SCO’s influence could reshape trade dynamics, with Statista projecting growth in tech-driven markets by 2030.
Vladimir Putin’s narrative at the SCO summit underscores a pivotal moment for global economic and political alignments.