Demand is high and income is low, will continue to buy cheap oil; Jaishankar’s two words to America-Europe
External Affairs Minister S. Jaishankar said that India is the third largest oil and gas consuming country in the world. But people’s earnings are not very high. Therefore, the purchase of oil from Russia will continue.
In the midst of ongoing war in Ukraine and Russia, Indian Foreign Minister S. Jaishankar has once again reached Moscow. He met his Russian counterpart Sergey Lavrov during this time and once again conveyed a message of peace regarding the Ukraine war. He said that India firmly says that dialogue should be returned. S. Jaishankar said during the bilateral meeting, ‘As far as international issues are concerned, the last few years have passed in the corona epidemic. Countries around the world are under financial pressure and have faced business difficulties. All this has had an impact on the global economy. Now we are seeing the impact of the Ukraine war on the world.
The foreign minister said that apart from these there are also issues like terrorism and climate change, which have an impact on development and prosperity. Our talks will affect all situations in the world. Apart from this, the solution of regional issues will also come out of our talks. S. Referring to the relations between Russia and India, Jaishankar said that our relations at every level are very strong. PM Narendra Modi and President Vladimir Putin recently met in Samarkand in September. Not only this, during this S. Jaishankar reminded Russia that despite the opposition of Western countries, the oil trade between the two countries has continued.
Jaishankar said that India has continued to buy oil from Russia despite the ongoing war in Ukraine. This business has continued even after all the protests of the western countries. He said, ‘In a multipolar and newly balanced world, relations between India and Russia have been sustained. Our relationship has been going on for a long time and we have always trusted each other.’ On the question of journalists about the purchase of oil from Russia and pressure from Western countries, S. Jaishankar said that the energy market is under pressure due to many reasons.
Benefiting from relations with Russia, oil purchases will continue
The Foreign Minister said that India is a country which is third in the world in oil and gas consumption. But people’s earnings are not very high. It is important for us to buy resources at the right rate. Therefore, we have benefited from the relations between India and Russia. We will continue it. Let us know that the whole world is watching Jaishankar’s visit to Russia. There are even discussions that India is mediating between the war between Ukraine and Russia. The New York Times report has also speculated about mediation based on PM Narendra Modi’s stature and his relationship with Putin.
