Russia In India’s Ambassador Vinay Kumar said that wherever Indian companies get the best deal, they will continue to buy oil from there. He emphasized that India will continue to take steps to protect its national interests. In an interview to Russia’s official news agency TASS on Sunday, Kumar said that the priority of New Delhi is to ensure energy security of 1.4 billion people of the country. Ambassador Vinay Kumar’s comment has come at a time when the US is constantly criticizing India for purchasing crude oil from Russia at concessional rates.
Help in bringing stability in global oil market with Russia’s cooperation with Russia
Vinay Kumar, while emphasizing the fact, said that the business is on “commercial basis”, Indian companies will continue shopping from wherever they get the best deal. So this is the current situation. “The report quoted him as saying,” We have clearly stated that 1.4 billion people of India are energy security and like many other countries, Russia has helped to bring stability to the global oil market with India’s cooperation. “Kumar said that trade between India and Russia is based on mutual interests and market factors. He said that this is done with the overall objective of ensuring the energy security of 1.4 billion people of India.
India will not compromise with the interests of farmers and fishermen
Let us tell you that the US had announced a 25 percent tariff on India at the end of July. At that time, US President Trump had said that he would impose a separate fine on India for constantly purchasing crude oil from Russia. Later, Trump announced a separate 25 percent tariff on India as a fine, causing a total tariff to 50 percent on India. Prime Minister Narendra Modi, while addressing a gathering after Donald Trump imposed a 50 percent tariff, said that the interest of farmers is the highest priority of India. PM Modi said that India will never compromise on the interests of farmers, fishermen and people associated with the dairy sector.
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