Home FEATURED NEWS S Jaishankar’s Reply To EU On Action Against India For Buying Russian Oil

S Jaishankar’s Reply To EU On Action Against India For Buying Russian Oil

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S Jaishankar's Reply To EU On Action Against India For Buying Russian Oil

S Jaishankar’s reply got here after EU diplomat sought motion in opposition to India for purchasing Russian oil amid conflict.

Brussels:

Responding to Josep Borrell, EU Foreign coverage chief’s remarks calling for motion in opposition to Indian refined merchandise from Russian crude, External Affairs Minister S Jaishankar on Tuesday (native time) suggested him to have a look at EU Council rules.

“Look at EU Council regulations, Russian crude is substantially transformed in the third country and not treated as Russian anymore. I would urge you to look at Council’s Regulation 833/2014,” mentioned Mr Jaishankar.

This comes after the bloc’s chief diplomat earlier mentioned that the EU ought to crack down on India reselling Russian oil as refined fuels together with diesel into Europe as Western nations transfer to tighten sanctions on Moscow’s power sector.

“India buys Russian oil, it’s normal… ” mentioned EU’s Foreign coverage chief Borrell however needs the bloc to behave on refined merchandise coming from India-made Russian crude in an interview with Financial Times.

While Borrell met with Mr Jaishankar on the commerce know-how talks in Brussels, he was not current on the press convention that adopted.

In his place, EU Executive Vice President on Competition, Margrethe Vestager mentioned that there was “no doubt about the legal basis of the sanctions”, and that the EU and India would have the dialogue as “friends… with an extended hand and of course, not a pointed finger.”

Along with Mr Jaishankar, Commerce Minister Piyush Goyal, and Union Minister of State for Entrepreneurship, Skill Development, Electronics and Technology Rajeev Chandrasekhar was additionally within the assembly.

Jaishankar on Monday arrived in Brussels for the final leg of his three-nation go to overlaying Bangladesh, Sweden and Belgium.

Earlier additionally Mr Jaishankar had defended India’s imports from Russia whereas not directly criticising the West for pressurising New Delhi to minimise its commerce with Russia in view of its army motion in Ukraine.

He puzzled how Europe may make decisions to prioritise its personal power wants and on the similar time ask India to do one thing else.

“Our trade with Russia is at a very small level- USD 12-13 billion, in comparison to European countries. We’ve also given the Russians a set of products… I don’t think people should read more into it other than the legitimate expectations of any trading country to increase its trade,” the EAM mentioned earlier in December whereas addressing a joint press convention along with his German counterpart Annalena Baerbock.

“I would urge you to look at these figures. There is a website called ‘Russia Fossil Fuel Tracker’ that would give you country-by-country data of who is really importing what and I suspect that might be very very helpful,” he added.

(Except for the headline, this story has not been edited by NDTV workers and is revealed from a syndicated feed.)

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