https://sputniknews.in/20230517/indias-stance-on-refined-oil-could-promt-sanctions-relief-expert--2014589.html
India's Stance on Refined Oil Could Promt Sanctions Relief: Expert
India's Stance on Refined Oil Could Promt Sanctions Relief: Expert
Sputnik India
India's EAM S. Jaishankar on Wednesday rubbished claims of EU foreign policy chief Josep Borrell that New Delhi was violating anti-Russia sanctions by selling fuel produced with Russian oil to the bloc.
2023-05-17T16:39+0530
2023-05-17T16:39+0530
2023-05-17T16:39+0530
business & economy
s. jaishankar
josep borrell
western sanctions
russian oil
russian oil price cap
european union (eu)
india
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Delhi's reply to Borrell's claims about refined oil show that India won't bow to EU demands, while Europeans themselves could ease the sanctions regime against Russia, Konstantin Ordov, a professor at Plekhanov Russian Academy of Economics, told Sputnik."I believe that India is simply not interested in succumbing to demands that clearly work only in the interests of one side," the expert shared. In his opinion, Borrell is well aware of the fact that due to vivid Indo-Russian cooperation, European entrepreneurs "remain somewhere overboard," and therefore the head of EU diplomacy has taken such a position in relation to India.
https://sputniknews.in/20230517/look-at-eu-council-regulations-eam-jaishankar-tells-borrell-2001637.html
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anti-russia sanctions, eam jaishankar replies to borrell, india leads 'laundromat' countries buying russian crude, sanctions on russian oil, jaishankar responds on eu council regulations,
anti-russia sanctions, eam jaishankar replies to borrell, india leads 'laundromat' countries buying russian crude, sanctions on russian oil, jaishankar responds on eu council regulations,
India's Stance on Refined Oil Could Promt Sanctions Relief: Expert
India's EAM S. Jaishankar on Wednesday rubbished claims of EU foreign policy chief Josep Borrell that New Delhi was violating anti-Russia sanctions by selling fuel produced with Russian oil to the bloc.
Delhi's reply to Borrell's claims about refined oil show that India won't bow to EU demands, while Europeans themselves could ease the sanctions regime against Russia, Konstantin Ordov, a professor at Plekhanov Russian Academy of Economics, told Sputnik.
"I believe that India is simply not interested in succumbing to demands that clearly work only in the interests of one side," the expert shared.
"A more independent behavior of nations like India and all others will lead to the fact that in the second half of this year, the Europeans will be forced to start discussing the issue of lifting sanctions," Ordov explained. They also have no other options purely out of economic reasons. Especially in the case of a projected financial crisis during [this] quarter, and in this the probability [of sanctions relief] is high."
In his opinion, Borrell is well aware of the fact that due to vivid Indo-Russian cooperation, European entrepreneurs "remain somewhere overboard," and therefore the head of EU diplomacy has taken such a position in relation to India.
