Home » World News » ‘Russia not reliable’: US after Jaishankar's ‘will continue buying oil from Moscow’ remark
 
SPEED NEWS

‘Russia not reliable’: US after Jaishankar's ‘will continue buying oil from Moscow’ remark

Speed News Desk | Updated on: 9 November 2022, 13:04 IST
Russia not reliable

A day after External Affairs Minister S Jaishankar's statement on Russian oil purchase and recent reports that the country has become Moscow’s largest oil customer after China, the United States reacted and clerified its position. 

The US said, ‘Russia is not a reliable source of energy’ and it is in the collective interest that India should decrease dependence on Russia.


Yesterday, Jaishankar said that India will continue buying oil from Russia as it is in the country’s advantage. Both countries pledged to increase their trade and economic cooperation, including oil purchases.

Responding to query on India becoming Russia’s second largest customer and further expansion of trade ties, US State Department spokesperson, Ned Price said, "Russia isn't a reliable source of energy and security assistance. It's not only in the interest of Ukraine or of the region, India decrease its dependence on Russia over time, but it's also in India's own bilateral interest, given what we've seen from Russia."

"We have been intentional about exempting oil and gas- energy sector- from sanctions imposed on Russia. The fact that India continues to seek oil and other forms of energy from Russia- isn't something that runs afoul of sanctions that have been imposed," he added.

Ned Price also mentioned that India-Russia relationship is developed over the course of decades.  "When it comes to Russia's - India's relationship with Russia, we've consistently made the point that it's a relationship that developed and was cemented over the course of decades, really came to be during the Cold War at a time when the United States was not in a position to be an economic partner, a security partner, a military partner to India," he said.

Price also mentioned that US and India’s relations have changed in the past 25 years.

"That has changed. That's changed over the past 25 or so years. It's really a legacy - a bipartisan legacy - that this country has achieved over the course of the past quarter century. President George W Bush's administration was really the first to put this into effect," said Price.

Talking about the US transition in relationship with India, he said, "Now, this is a transition that we've always been clear-eyed will not take place overnight, over the course even a few months or probably even over the course of a couple of years. India is a large country, a vast country, with a large economy that has demanding needs. And so the transition and the reorientation that we hope to see from India is something that this administration will be committed to working with India on. But this will likely be a task for this administration and administrations to come."

First published: 9 November 2022, 13:04 IST