“Would like to keep it going:” Jaishankar on Russian oil imports

8 November, 2022 | Vaishali Sharma

Jaishankar Top News

Russian connections have benefited India, and New Delhi wants to maintain that relationship, according to External Affairs Minister S. Jaishankar, who reiterated close ties with Moscow on Tuesday.

Russian connections have benefited India, and New Delhi wants to maintain that relationship, according to External Affairs Minister S. Jaishankar, who reiterated close ties with Moscow on Tuesday. He described Russia as a reliable and experienced partner.

Jaishankar made these remarks during a joint press conference along with Russian Foreign Minister Sergey Lavrov in Moscow. Answering a question about India’s increasing oil import amid western outcry, he said, “There is stress on the energy market created by a combination of factors. But as the world’s third-largest consumer… a consumer where the level of income is not very high, it is our obligation to ensure that the Indian consumer has the best possible access to the most advantageous terms on the international market.”

“…in that respect, the India-Russia relationship has worked to my advantage. If it works to my advantage, I would like to keep that going,” he added.

The external affairs minister said his presence in Moscow to review bilateral cooperation speaks volumes about India-Russia cooperation.

“The fact that I am here today with a delegation to review our cooperation speaks about India-Russia cooperation to see how we can take it forward to create a long-term and sustainable basis, says it all,” he said.

He further pointed out, how for India, Russia has been a steady and time-tested partner.

“…I said any objective evaluation of our relations for many decades would confirm that it has served both our countries very well., If it has served my country for many many decades. I think you can see the obvious interests and commitment I would have in keeping that relationship strong and steady,” he added.

Following western sanctions against Moscow, the February-starting conflict in Ukraine has had a severe influence on global food security and caused a sharp rise in petroleum prices.

India previously stated that its enormous customer base and national interests will decide the amount of oil it imports.

Since the commencement of the crisis, New Delhi has maintained its impartial stance and has not denounced Russia. However, New Delhi has continuously campaigned for peace and diplomacy and urged for an end to violence on a number of UN platforms.