Russia's supply of crude oil to India will continue and bilateral trade will set new records. There will be no obstacle between the two countries. Russian Ambassador to India Denis Alipov said in a conversation with news agency ANI that India is looking for cheap offers and Russia is looking for new markets. Therefore, there will be no hindrance between the two countries.
Russia seeks new market
Denis Alipov said, “India as a consumer is naturally looking for the cheapest offers and Russia is also looking for new markets. Hence it is driving a connection business between the best available options and the best available offers. We expect this trend to continue in a structured manner. "Nobody knows what the energy market will look like by the end of the year," he said. We look forward to further expanding our relations in the region to promote ongoing dialogue and cooperation based on long-term arrangements and agreements.
The record will be made in the oil supply
According to an estimate, Russian oil exports to India have seen a huge jump, as it has increased 10 times this year and Russian crude oil is now meeting about 10 percent of India's imported oil consumption. "The value of the trade has reached US$ 11.5 billion," the ambassador said. We will probably set a new record in our trade by this year, as we did earlier when our trade stood at US$ 13.6 billion.
Russia bluntly to the West
The Russian envoy said that India and Russia want to further enhance ties in the energy sector as the situation in the future is unpredictable. Europe and the US had raised objections after seeing a huge jump in Russian exports to India and China. He appreciated External Affairs Minister S Jaishankar's recent remarks and hit out at Western countries for practicing double standards. It is known that many restrictions have already been imposed on Russian oil exports. Moscow called against the practices of international law and has warned of stopping the supply of gas to European countries.
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