India on Monday accepted the increasing pressure on the continuous purchase of Russian oil from the United States and the European Union.
Foreign Ministry spokesman Randhir Jaiswal said that the country would protect his economic interests amid the threat of tattifies standing from President Donald Trump.
What did New Delhi say about trade with Russia?
Jaiswal said, “India’s goal is inappropriate and infallible,” Jaswal said, claiming the right to secure energy supply to the sovereignty of the country as per its requirement.
“Like any major economy, India wants to take all necessary measures to protect its national interests and economic security,” said.
Jaiswal argued that India’s imports only transformed the traditional supply to Europe after the outbreak of Ukraine. So he accused both the European Union and the US of hypocrisy.
“It is revealing that many nations who criticized India are involved in trade with Russia,” said Jaiswal.
“Unlike our case, the search business is also not an important national compulsion.”
Jaiswal continued the Europe-Russia trade associated with fertilizer, chemicals, iron and steel, machinery and transport equipment.
He said that the US continues to import its nuclear industry, paladium for electric vehicles and Russian uranium hexfloride for other industrial goods.
What did Trump say about India and Tariff?
US President Donald Trump has threatened to grow rapidly on Indian goods, accusing New Delhi of concessional Russian oil profiteering, failing to support the war in Ukraine.
While Trump did not specify the exact rate, an existing 10% tariff on Indian products is expected to stare at 25% on Thursday.
This step, he said, “In response to India,” to buy large -scale Russian oil “and it was resumed for profit, claiming that he was on Ukraine on Musko’s fuel. Trump wrote on the truth social, “He doesn’t care how many people are being killed by Russian war machine in Ukraine.”
This step adds stress in a major trade relationship. America’s largest trading partner is India, with a total distance of $ 87.4 billion in Indian exports in 2024. India recorded a trade surplus of about $ 46 billion with the US in the same year.
Edited by: Wesley Rahan
