Earlier on Friday, the Ministry of Exterior Affairs (MEA) clarified that India's power purchases are guided by market dynamics and nationwide pursuits, including that the federal government is unaware of any particular developments concerning Indian oil corporations pausing Russian imports.
US President Trump made the remarks whereas answering ANI, on whether or not he had a quantity in thoughts for the penalties on India and if he was going to talk with Prime Minister Narendra Modi.
The US President mentioned, “I perceive that India is not going to be shopping for oil from Russia. That is what I heard, I do not know if that is proper or not. That may be a good step. We are going to see what occurs…” says, US President Donald Trump on a query by ANI, if he had a quantity in thoughts for the penalties and if he's going to talk with PM Modi.”
On Friday, in the course of the weekly media briefing, MEA spokesperson Randhir Jaiswal, when requested about media studies that some Indian oil corporations have stopped taking oil from Russia, had mentioned India has made clear its strategy on the problem.
“You might be conscious of our broad strategy to power sourcing necessities, that we have a look at what is offered available in the market and the prevailing international scenario. We're not conscious of any specifics,” he mentioned.Jaiswal's feedback got here after a collection of statements from the US, together with from President Donald Trump and Secretary of State Marco Rubio, criticising India for persevering with to import discounted Russian oil regardless of Western sanctions over the Ukraine warfare.On the entrance of India-US ties, New Delhi on Friday expressed confidence that its relationship with america will proceed to maneuver ahead and it stays centered on the substantive agenda the 2 nations are dedicated to.
In the meantime, on Wednesday, Trump introduced the imposition of 25 per cent tariffs on Indian items and a penalty for importing Russian oil, at the same time as there have been hopes of an interim India-US commerce that may have in any other case helped keep away from elevated tariffs.
After asserting a 25 per cent tariff and penalties for buying Russian oil, US President Donald Trump had mentioned on Wednesday (native time) that Washington is constant commerce negotiations with New Delhi. He emphasised that India is likely one of the nations imposing excessive tariffs on america.
In response to ANI, if the US stays open to negotiating with India on the tariff entrance, Trump said, “We're speaking to them now. We'll see what occurs. Once more, India was the very best or simply concerning the highest tariff nation on this planet, one of many highest, 100 factors, 150 factors or percentages. So India was one of many highest on this planet. They'd 175 per cent and better than that.”
He emphasised India-US ties, calling Prime Minister Narendra Modi a “good friend,” whereas noting the US commerce deficit with India. He additional said that it “does not matter an excessive amount of” if the India-US deal reaches a sure tariff.
“As , Prime Minister Modi is a good friend of mine, however they do not do very a lot enterprise when it comes to enterprise with us. They promote loads to us, however we do not purchase from them. You already know why? As a result of the tariff is so excessive. They've one of many highest tariffs on this planet. Now they're prepared to chop it very considerably. However we'll see what occurs. We're speaking to India now,” the US President mentioned.
In the meantime, in India, the federal government knowledgeable Parliament on Thursday that US President Donald Trump has introduced a reciprocal tariff on Indian items. It's at the moment analyzing the impression of those current occasions and can take all essential steps to safeguard the nationwide curiosity.
