Days after Trump’s claims,India agrees to stop the country’s oil trade with Russia a suspense trade deal between India and the US ended months of negotiations between the countries.
Under the reciprocal on Indian imports be cut down to 18%. While,Russia’s Secretary Dmitry Peskov stated that, India was Free to buy oil from any other country.
“We, along with all other international energy experts, are well aware that Russia is not the only supplier of oil and petroleum products to India. India has always purchased these products from other countries. Therefore, we see nothing new here.” he further said,.
India’s oil trade with Russia was a big flashpoint in the economic tensions between New Delhi and Washington. Last year, Trump had doubled the tariffs on India to 50% citing this oil trade.
Meanwhile, Zakharova said, “The US President trying to dictate who an independent nation like India can trade with is not new. Russia has no reason to believe our Indian friends have changed their approach.” She believed that India wouldn’t alter its energy trade policies following Trump’s oil claim.
“We remain convinced that India’s purchase of Russian hydrocarbons is beneficial to both countries and contributes to maintaining stability in the international energy market. We are ready to continue close cooperation in this area with our partners in India.” The trade of resources was beneficial to both India and Russia. Zakharova added.