India’s ambassador to Russia, Vinay Kumar, condemned the US choice to impose punitive tariffs on India for getting Russian oil, calling it “unfair” and emphasising India’s dedication to power safety for its inhabitants.
India’s Ambassador to Russia, Vinay Kumar, criticised the USA’ choice to impose extra tariffs on India’s oil imports from Russia, calling the transfer “unfair, unreasonable and unjustified.” In an interview with Russia’s state-run TASS information company, Kumar firmly acknowledged that India will proceed shopping for oil primarily based on the most effective industrial offers accessible, regardless of dealing with punitive measures.
Kumar emphasised that India’s major objective is to make sure power safety for its inhabitants of 1.4 billion individuals.
He famous that India’s cooperation with Russia and different international locations has contributed to stabilizing the worldwide oil market. In response to the 50 % tariffs introduced by the US administration half of that are particularly a penalty for getting Russian oil India will proceed taking obligatory measures to guard its nationwide pursuits.
“Our goal is power safety of 1.4 billion individuals of India, and India’s cooperation with Russia in addition to a number of different international locations has helped convey stability within the international oil market,” Kumar mentioned. “The US choice is unfair, unreasonable and unjustified. The federal government will proceed taking measures to guard the nationwide curiosity of the nation.”
‘Commerce primarily based on industrial realities, not politics’
The ambassador made it clear that Indian firms conduct commerce on industrial phrases.
“If the idea of business transaction commerce imports are proper, Indian firms will proceed shopping for from wherever they get the most effective deal,” Kumar defined.
India rejects US claims linking oil purchases to Russia’s conflict effort
The USA has alleged that India’s buy of Russian oil not directly funds Moscow’s invasion of Ukraine, a declare India has strongly rejected.
Kumar identified that a number of international locations, together with the US and European nations, proceed to commerce with Russia, highlighting the selective nature of the sanctions and criticism directed at India. “There are different international locations together with the US itself and in Europe buying and selling with Russia,” Kumar mentioned.