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Why is India buying oil from Russia? External Affairs Minister Jaishankar’s blunt answer – who does not like a better deal

NEW DELHI, INDIA - SEPTEMBER 17: External Affairs Minister S Jaishankar gestures during a press conference on completion of first 100 days of Ministry of External Affairs, at Jawahar Bhawan on September 17, 2019 in New Delhi, India. (Photo by Sanjeev Verma/Hindustan Times via Getty Images

The Indian government is being criticized for buying oil from Russia during the ongoing war between Ukraine and Russia. In this episode, during a program, External Affairs Minister S Jaishankar has given a strong response against all the criticisms. Justifying India’s decision to buy Russian oil, External Affairs Minister S Jaishankar has given a strong statement. External Affairs Minister S Jaishankar said that all countries try to strike a better deal to reduce rising energy prices and India is doing the same thing. At the same time, he also said that oil and gas prices are unreasonably high and that many old suppliers are selling oil to Europe because Europe is buying less oil from Russia.

External Affairs Minister S Jaishankar has said that the US and other countries of the world may not appreciate India’s decision to buy oil from Russia, but they have accepted it, because New Delhi has never defended its stand, but Made them realize what the government’s responsibility to its people was in the face of “unreasonably high” oil and gas prices.

Jaishankar arrived here on Tuesday to attend the ninth meeting of the India-Thailand Joint Commission and met members of the Indian community at a function. During his meeting with the Indian community, Jaishankar defended India’s decision to buy oil from Russia at a lower price amid the ongoing war between Ukraine and Russia and said that many Indian suppliers have now started supplying to Europe. , which is buying less oil from Russia. He said oil prices are “unreasonably high” and the same is true of gas prices. He said that many traditional Asian suppliers are now supplying to Europe because Europe is buying less oil from Russia.

In response to a question, Jaishankar said, “Today the situation is such that every country will try to get the best deal for its citizens so that it can bear the impact of these high prices and that is what we are doing.” India is not doing this in a “defensive way”. Jaishankar said, “We have been very open and honest about our interests. The per capita income in my country is two thousand dollars. They cannot afford the exorbitant cost of energy.” He said it was their “obligation” and “moral duty” to ensure that India gets the best deal.

Asked about the impact of buying oil from Russia on India’s ties with the US, Jaishankar said, “I think not only America but everyone including the US knows what our position is and they are concerned about it.” I have moved on now.” He said, “When you speak openly and honestly, people accept it.” Jaishankar said, “They probably won’t always appreciate it, But when you talk and don’t try to be manipulative, when you put your interests in a very direct way, I think the world accepts the reality to a large extent.

Ukraine was attacked by Russia on 24 February, after which the US and European countries imposed strict sanctions on it. India has increased oil imports from Russia after the Ukraine war and continues to trade with it, despite criticism from Western countries. Earlier, Jaishankar outlined the various challenges facing India. “We have long faced the challenge of the impact of cross-border terrorism. In the last two years, we have a challenging situation on our northern border also.

Why is India buying oil from Russia? External Affairs Minister Jaishankar’s blunt answer – who does not like a better deal
Jaishankar said that apart from this, there are many issues like global pandemic, climate change and maritime security, which affect India. Talking about India-Thailand relations, he said, “Thailand has been particularly important to us among the member countries of the Association of Southeast Asian Nations (ASEAN). It’s a huge partner today. I think we have a trade of over $15 billion today.” He said, “I have come to take our relationship with Thailand forward.”