The Indian Ministry of External Affairs has strongly responded to India’s criticism by the US and the European Union. The official spokesperson said that after the Ukraine struggle began, India has been criticized by the US and the European Union (EU) for oil imports from Russia. But India’s side is clear on this issue- this import is not only necessary but also compulsion for global market conditions. It said that India had to import fast from Russia under compulsion. At the beginning of the Ukraine conflict, when traditional oil supplies were diverted towards Europe, India started importing oil from Russia. At that time, the US also encouraged India in this direction so that the global energy market could remain stable.
Those who criticized India, are doing business from Russia themselves
On this issue, India says that the purpose of its energy policy is to ensure energy to the countrymen at accessible and stable prices- which is a national imperative in current global conditions. India says that those who criticized India are doing business from Russia themselves. The countries who speak against India are engaged in broad trade with Russia themselves, and this business is not a part of any emergency national need for them.
Know the business between EU and Russia
- Bilateral trade of goods in 2024: € 67.5 billion
- Business of services in 2023: € 17.2 billion
- Import of LNG (liquefied natural gas): Record 16.5 million tonnes in 2024, previous record: 15.21 million tonnes (2022)
- Other areas of business have energy, fertilizer, mineral products, chemicals, iron and steel, machinery and transport equipment etc.
America also imports essential materials from Russia. It contains uranium hexaphloride, for nuclear industry and for use in the palladium electric vehicle industry. In addition, fertilizers and chemicals import for various agricultural and industrial uses.
Discriminated attitude with India unfair
In such a situation, it is unfair and inconsistent to target India. India is an emerging global economy and its priority is to ensure its national interests and economic security. India has clearly stated that it will take all the necessary steps to protect its economic and energy interests like any big country.
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