DTI News

February 22, 2024
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 “Our trade with Russia is at a very small level- $12-13 bn, in comparison to European countries”, says- S Jaishankar amid meet with German counterpart

NEW DELHI: On the issue of trade with Russia, External Affairs Minister S Jaishankar has said that India’s level of trade with Russia is very low as compared to other European countries.

Addressing a press conference after meeting German Foreign Minister Annelena Berbock, Jaishankar said, “Our trade with Russia is at a very small level – 12 to billion dollars. It is very less compared to European countries.

We have also given certain items to Russia. I don’t think people should see anything in this other than the legitimate expectations of any trading nation.”

S Jaishankar talked on many issues during his meeting with German Foreign Minister Annelena Berbock.

“The European Union imported more fossil fuel – oil, gas and coal – from Russia than the next 10 countries combined. There is a finite amount of energy resources and Europe can’t make choices to prioritise its energy needs while asking India to do something else,” Jaishankar said.

“The European governments understand India’s position on Russian oil. I wish the European media would get it too,” he added.

Baerbock arrived in India this morning on a two-day visit, four days after India formally took over the presidency of the G-20 grouping. The two ministers spoke about a number of issues, including the Ukraine war, China, Pakistan and terrorism.

After the meeting, he wrote, “Had detailed talks today with the Foreign Minister of Germany. We took the dialogue forward this time in more detail. We reviewed bilateral relations and shared approach on a number of important regional and global issues.”

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