Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
NEW DELHI, Aug. 5 (Xinhua) — India on Monday slammed sanctions by the United States and the European Union (EU) against it for importing oil from Russia, calling them "unjustified and unreasonable."
In a written statement, Indian Ministry of External Affairs spokesperson Randhir Jaiswal said India's energy imports from Russia are important to ensure affordable and predictable fuel prices for Indian consumers.
The statement came shortly after US President Donald Trump threatened India with significant tariff increases over its purchase and sale of Russian oil.
"The very countries that criticize India are themselves supporting trade with Russia. Unlike our case, such trade is not even a vital national necessity," the official spokesperson said in a statement.
He stressed that India's decision to buy Russian oil at reduced prices was made after the conflict began, when traditional energy suppliers began to redirect their flows to Europe. "At that time, the United States even encouraged such purchases by India as a way to stabilize global energy markets," he added.
Also highlighting the imbalance in trade between the EU and Russia compared to India, he noted: “In 2024, the EU’s trade with Russia was worth €67.5 billion. In addition, trade in services was valued at €17.2 billion in 2023. This is significantly higher than India’s total trade with Russia in the same period and thereafter.” –0–
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