Russian Foreign Minister Sergei Lavrov hailed Russia-India ties Friday as the Kremlin looks to draw closer to India following Moscow'sbreak with the West over Ukraine.The two-day visit to India follows Lavrovs stop-off in China, where he spoke of the beginning of what he called a multipolar, just, democratic world order.Lavrovs presence in New Delhi highlights Russias top-level efforts to court India and prevent its diplomatic isolation amid the ongoing war in Ukraine."We appreciate that India is taking this situation in the entirety of facts, not just in a one-sided way," Lavrov said at a press conference ahead of talks with his Indian counterpart Subrahmanyam Jaishankar.Like China, India has refused to criticize Russias invasion of Ukraine, with Indian delegations at the United Nations abstaining from recent votes to condemn Russia.Although Indian-Russian diplomatic relations have been close since the end of the Cold War, experts believe India is looking for discounts on major Russian exports, including oil and gas.Russia desperately needs not just cash, but also long-term predictability for revenues from trading in Russian commodities, analyst Dionis Cenusa at the Eastern Europe Studies Center, told The Moscow Times.The trip to India is a combination of looking for new markets and showing that the country is not isolated internationally, he added.Western financial sanctions have reportedly made it difficult for India to pay Russia for imports including arms, oil, rough diamonds and fertilizers.The two nations look close to agreeing a rupee-ruble mechanism to circumvent Western sanctions that have cut Russia off from global payment systems, according to media reports.
State-owned development bank VEB and the Reserve Bank of India (RBI) have likely finalized an alternative transaction system that will facilitate Indias continued purchases of Russian arms and energy, The Economic Times reported Thursday.India remains reliant on Moscow for up to 85% of its arms, including some of its most technical and costly equipment like submarines, SU-30 fighter aircraft and T-90 battle tanks."We will be ready to supply to India any goods which India wants to buy, Lavrov said Friday.
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 met Indian Prime Minister Narendra Modi late Friday.While China and India may be keen on striking some economic bargains, their willingness to show political support for the Kremlin is less clear.
Ideas of a new world order being pushed by Russian officials will likely be met with apprehension in New Delhi and Beijing, where there is acute awareness of the risk of a Western backlash.Regarding any so-called 'new democratic' world order I am not sure that such messaging will find much traction in India, said Anit Mukherjee, an expert on Indian foreign policy at the S.
Rajaratnam School of International Studies.Western countries have been stepping up their engagement with India in recent days, apparently urging the country to refuse to provide Russia with an economic lifeline.U.S.
Secretary of State Antony Blinkenspoke by telephone with Indian Foreign Minister Jaishankar late Thursday to discuss "the worsening humanitarian situation in Ukraine.And Lavrovs arrival in India coincided with U.K.
Foreign Secretary Liz Truss plane touching down in New Delhi.AFP contributed reporting
Music
Trailers
DailyVideos
India
Pakistan
Afghanistan
Bangladesh
Srilanka
Nepal
Thailand
StockMarket
Business
Technology
Startup
Trending Videos
Coupons
Football
Search
Download App in Playstore
Download App
Best Collections