Sanctions hit Russia turns to India for help for key sectors

Sanctions hit Russia turns to India for help for key sectors

Sanctions squeeze Russia’s ability to keep vital industries running. Moscow has sent India a list of more than 500 products for potential delivery. An Indian government source said the request was unusual in its scope. India is keen to boost trade as it tries to narrow a ballooning trade deficit with Russia. Some companies have expressed concern about potentially falling foul of sanctions. Russia’s requests were made weeks ahead of Jaishankar’s visit to Moscow starting Nov 07. It was not immediately clear what was conveyed by New Delhi to Russia during the visit. India has not joined Western countries in openly criticising Moscow for the war in Ukraine. New Delhi has sharply increased purchases of Russian oil that have cushioned it from some of the impacts of sanctions. Jaishankar said India needed to boost exports to Russia to balance bilateral trade. #RussiaIndia #Russia #Jaishankar Subscribe now and press the bell icon 🔔 to get new video updates: https://bit.ly/2UV4ygi -------------------------------------- ANI is South Asia's leading Multimedia News Agency providing content for every information platform, including TV, Internet, broadband, newspapers, and mobiles. Subscribe now! Enjoy and stay connected with us!! ☛ Subscribe to ANI News YouTube channel: https://bit.ly/2UV4ygi ☛ Visit our Official website: https://www.aninews.in/ ☛ Follow ANI:   / ani   ☛ Like us:   / aninews.in   ☛ Email to: [email protected], [email protected] ☛ Copyrights © All Rights Reserved ANI Media Pvt Ltd.