India and Russia vowed to deepen economic cooperation during a high-stakes meeting in Moscow this week, shrugging off U.S. tariffs targeting New Delhi’s purchases of Russian oil. The move signals a bold geopolitical play as global energy markets remain in flux. 💥
Trade Ties vs. Tariffs
Despite facing U.S. tariffs of up to 50% on Indian goods—a penalty linked to India’s surging Russian oil imports—Foreign Ministers Subrahmanyam Jaishankar and Sergei Lavrov pledged to expand bilateral trade. Lavrov highlighted energy collaboration, including Arctic and Far East projects, while Jaishankar called for easing trade barriers to boost Indian exports of pharma, textiles, and farm goods. 📈
"Commercial, Not Political"
India defended its oil deals as purely commercial, countering Western criticism by pointing to ongoing EU and U.S. trade with Russia. "Our relationship has been one of the steadiest since WWII," Jaishankar noted, nodding to decades of Indo-Russian ties dating back to the Soviet era. 🤝
What’s Next?
With Russia set to keep oil flowing to India despite U.S. pressure, this partnership could reshape energy dynamics in Asia—and test Washington’s influence. Will other nations follow India’s lead? 🌐
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India, Russia agree to boost trade ties after FMs meet in Moscow
cgtn.com