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‘Best Deal For The Country,’ Says EAM Jaishankar On Oil Imports From Russia

Date:

Bangkok: Responding to the criticism of oil imports from Russia, External Affairs Minister, S Jaishankar said that it is the ‘best deal’ for the country.

Jaishankar who is in Thailand to attend the 9th India-Thailand Joint Commission Meeting was addressing the Indian community in Bangkok where he discussed the surge in energy prices across the world due to the Russia-Ukraine war.

He said, “We have been very open and honest about our interests. I have a country with a per capita income of $2000, these are not people who can afford higher energy prices. It’s my moral duty to ensure the best deal.”

HIGHLIGHTS

    • During his assessment of global oil prices, Jaishankar said that oil and gas prices are unreasonably high throughout the world.
    • According to him, Europe was buying more oil from the Middle East countries which were Asia’s traditional suppliers, however, now it was diverted to Europe.
    • He also said that the US knows India’s position on Russian oil import and has ‘moved on’, adding that in such circumstances “India is open about its interests, wants the best deal.”

  • This is not the first time, Jaishankar defended India’s interest on a global scale, earlier at the GLOBSEC 2022 Bratislava Forum held in Slovakia in June this year, he hit back at the unfair criticism against Indian oil purchase from Russia.
  • While defending India’s oil imports from Russia, Jaishankar stressed that it is important to understand how the Ukraine conflict is impacting the developing countries. He also questioned why only India was being questioned while Europe continues to import gas from Russia amid the Ukraine war.
  • Responding to a question on whether India’s oil imports from Russia are not funding the Ukraine war, Jaishankar asked, “India buying Russia oil is funding the war… Tell me is that buying Russian gas not funding the war?”
  • “It’s only Indian money and Russian oil coming to India funding the war and not Russia’s gas coming to Europe not funding? Let’s be a little even-handed,” the external affairs minister had said.
  • Meanwhile, EAM Jaishankar also listed India’s soft powers – Yoga, Ayurveda, and Millets.
  • He also said that Commonwealth is a “useful” association and gives India a “connect” with the Caribbean and Pacific.
  • The 9th Thailand- India JC will be co-chaired by Don Pramudwinai, Deputy Prime Minister and Minister of Foreign Affairs of Thailand and Dr Subrahmanyam Jaishankar, Minister of External Affairs of India.

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