External Affairs Minister S Jaishankar in February this yr reaffirmed India’s stance on shopping for Russian oil regardless of sanctions on Moscow amid army battle with Ukraine.
The Russian Foreign Ministry has stated that deliveries of Russian oil to India are steadily excessive, with no payment points encountered, the state-owned information company TASS reported.
“Russian oil supplies to India are maintained at a steadily high level; no problems arise with determining means of payment for oil exported by Russia,” Maria Zakharova, the official spokeswoman for the Russian Foreign Ministry, stated at a briefing on Wednesday (Local Time).
The precedence in funds ‘is given to nationwide currencies,’ she highlighted. “This makes it possible not to depend on the so-called ‘rules of the game’ imposed by the Westerners when making banking transactions,” TASS quoted Zakharova as saying. External Affairs Minister S Jaishankar in February this yr reaffirmed India’s stance on shopping for Russian oil regardless of sanctions on Moscow amid army battle with Ukraine.
He stated that India and Russia have all the time shared ‘steady and pleasant ties’ and Moscow has by no means damage the pursuits of New Delhi.
In an interview with the German financial every day, Handelsblatt throughout his go to to Germany for the Munich Security Conference, Jaishankar stated that Europe ought to perceive that India can’t have a view of Russia that is an identical to the European one.
On being requested about India buying Russian oil, Jaishankar stated, “Everyone conducts a relationship based on their past experiences. If I look at the history of India post-independence, Russia has never hurt our interests.”
He stated that India and Europe have talked about their stance and haven’t emphasised their variations. He stated that Europe shifted a big a part of its power procurement to Middle East after the conflict erupted between Russia and Ukraine, which was till then the principle provider of power for India and different nations.
“What should we have done? In many cases, our Middle East suppliers gave priority to Europe because Europe paid higher prices. Either we would have had no energy because everything would have gone to them. Or we would have ended up paying a lot more because you were paying more. And in a certain way, we stabilised the energy market that way,” he added.
(This story has not been edited by DNA employees and is revealed from ANI)
