Have Established Economic Ties With Russia, Focusing On Stabilising It: India – What We Know!

Have Established Economic Ties With Russia, Focusing On Stabilising It: India

India on Thursday asserted that it has established financial relations with Russia and political colouring shouldn’t be attributed to the engagement.

The feedback by Exterior Affairs Ministry Spokesperson Arindam Bagchi got here in response to questions on rising criticism of New Delhi by a number of Western powers on its commerce ties with Moscow however the disaster in Ukraine.

At a media briefing, Mr Bagchi mentioned India has been very open about its engagement with Russia and even cited persevering with procurement of crude oil from Russia by Europe.

We’ve established financial relations with Russia and our focus is on stabilising this established financial relations in present circumstances, he mentioned.

Mr Bagchi mentioned discussions are underway to see what sort of cost mechanism can work between India and Russia within the present circumstances.

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