Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Russia and India will find ways to trade despite sanctions, says Lavrov

Russia and India will find ways to trade despite sanctions, says Lavrov

Russian foreign minister meets Narendra Modi and praises India’s refusal to condemn Ukraine invasion
The Indian prime minister, Narendra Modi, has afforded Russia’s foreign minister the honour of a meeting as Sergei Lavrov praised India’s refusal to condemn the Ukraine invasion.

Lavrov, who is visiting the country, predicted Moscow and Delhi would find ways to circumvent “illegal” western sanctions and continue to trade.

Modi had not met the string of other foreign ministers to arrive in Delhi in recent days, including the UK foreign secretary, Liz Truss, and the Chinese foreign minister, Wang Yi, so Lavrov looks to have been singled out for attention by the Indian leader.

India has abstained from successive United Nations resolutions censuring Moscow, calling only for an end to violence, and has increased its oil purchases from Russia, its biggest supplier of arms.

Truss, in India on Thursday, had tried to cast the battle as one between democracies and autocracies, but India, the world’s most populous democracy, does not seem willing to accept this, especially if it requires India to break with Russia on issues such as arms sales and a future realignment of the global security architecture in which the US has a less prominent role.

Lavrov said: “These days our western colleagues would like to reduce any meaningful international issue to the crisis in Ukraine … [We] appreciate that India is taking this situation in the entirety of facts, not just in a one-sided way. I can only say that the balanced position of India which is not influenced by blackmail or diktat methods inspires our respect.”

Lavrov also claimed Ukraine was showing increasing understanding that joining Nato was not an option. “Friendship is the key word to describe the history of our relations, and our relations were very sustainable during many difficult times in the past,” he said.

His Indian counterpart, Dr S Jaishankar, reiterated “the importance of cessation of violence and ending hostilities” and said: “Disputes should be resolved through dialogue and diplomacy.”

Lavrov said Russia’s military offensive in Ukraine was not “just about Ukraine, its neutrality”, but rather a “question of world order”. He suggested that the US had now suppressed all attempts at establishing autonomy by Europe, with the latter now completely in lockstep with Washington, a status to which he said Europe was reconciled.

In words designed to attract approval in India, he said the west’s real endgame was the re-establishment of a unipolar world.

Lavrov said the US and its allies were trying to conceal their true objectives, portraying their confrontation with Russia and some other nations as a “battle between democracies and autocracies”. However, according to the Russian foreign minister, the west itself has become one big autocracy with the US at the helm.

But there are also tensions in the relationship between India and Russia. Western financial sanctions have reportedly made it difficult for India to pay Russia for imports including arms, oil, rough diamonds and fertilisers. Russia has written to India’s defence ministry requesting clearance of back payments worth $1.3bn, according to the Economic Times newspaper.

India and Russia have been working on a rupee-rouble mechanism to facilitate trade and get around western sanctions on Russian banks, according to media reports. Lavrov told reporters he was confident the two countries would find a solution.

“Many years ago we started moving in our relations with India, with China, with many other countries from using dollars and euros to more and more use of national currencies. Under these circumstances this trend I believe will be intensified,” he said. “We will be ready to supply to India any goods which India wants to buy … and I have no doubt that a way will be found to bypass the artificial impediments which illegal unilateral sanctions by the west create.”

Lavrov arrived in Delhi on Thursday from China, where he had hailed Beijing as part of a new “multipolar, just, democratic world order”.

India shares western alarm over China’s growing assertiveness in the Indo-Pacific region, and is a member of the so-called Quad alliance with the US, Japan and Australia.

The US is pushing the argument that Russia will end up the junior partner in its relationship with China and that the more leverage China gains over Russia, the less favourable that is for India.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
Russia's Fossil Fuel Revenues Approach €900 Billion Since Ukraine Invasion
Alcohol Industry Faces Increased Scrutiny Amid Health Concerns
U.S. Goods Imports Plunge Nearly 20% Amid Tariff Disruptions
Italy Faces Population Decline Amid Youth Emigration
Trump Accuses China of Violating Trade Agreement
OpenAI Faces Competition from Cheaper AI Rivals
Foreign Tax Provision in U.S. Budget Bill Alarms Investors
Russia Accuses Serbia of Supplying Arms to Ukraine
Gerry Adams Wins Libel Case Against BBC
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
EU Majority Demands Hungary Reverse Anti-LGBTQ+ Laws
Top Hotel Picks for 2025 Stays in Budapest Revealed
Iron Maiden Unveils 2025 Tour Setlist in Budapest
Chinese Film Week Opens in Budapest to Promote Cultural Exchange
Budapest Airport Launches Direct Flights to Shymkent
Von der Leyen Denies Urging EU Officials to Skip Budapest Pride
Alcaraz and Sinner Advance with Convincing Wins at Roland Garros
EU Ministers Lack Consensus on Sanctioning Hungary Over Rule of Law
EU Nations Urge Action Against Hungary's Pride Parade Ban
Putin's Helicopter Reportedly Targeted by Ukrainian Drones
U.S. Considers Withdrawing Troops from Europe
Russia Deploys Motorbike Squads in Ukraine Conflict
Critics Accuse European Court of Human Rights of Overreach
Spain Proposes 100% Tax on Non-EU Holiday Home Purchases
German Intelligence Labels AfD as Far-Right Extremist
Geert Wilders Threatens Dutch Coalition Over Migration Policy
Hungary Faces Multiple Challenges Amid EU Tensions and Political Shifts
Denmark Increases Retirement Age to 70, Setting a European Precedent
Any trade deal with US must be based on respect not threats', says EU commissioner
UK Leads in Remote Work Adoption, Averaging 1.8 Days a Week
Thirteen Killed in Russian Attacks Across Ukraine
High-Profile Incidents and Political Developments Dominate Global News
Netanyahu Accuses Western Leaders of 'Emboldening Hamas'
Ukraine and Russia Conduct Largest Prisoner Exchange of the War
×