US ‘picking on’ India with Russian oil tariffs
New Delhi and Washington need to find a “landing ground” when it comes to trade concessions, Foreign Minister S. Jaishankar has said Read Full Article at RT.com
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New Delhi and Washington need to find a “landing ground” when it comes to trade concessions, Foreign Minister S. Jaishankar has said
Indian Foreign Minister S. Jaishankar has accused the US of “picking on” his country by imposing a punitive 25% tariff for New Delhi’s purchases of Russian oil, describing the measure as “unfair.”
Addressing policy experts at the Kautilya Economic Conclave on Sunday, Jaishankar said New Delhi has “issues” with Washington over trade matters, calling on the two countries to find a common “landing ground.”
“In addition, there is a second tariff which we have publicly said we regard as very unfair, which has picked on us for sourcing energy from Russia when there are other countries that have done so, including countries that right now have a far more antagonistic relationship with Russia than we do,” he said.
Washington’s punitive levies over New Delhi’s purchases of Russian oil took effect in August, and came in addition to a 25% tariff imposed on India after the countries failed to reach a trade deal.
