biden: It’s not in India’s interest to ‘accelerate or increase’ oil import from Russia: Biden

WASHINGTON: President of the United States Joe Biden on Monday told the Prime Minister Narendra Modi that India is not interested in “accelerating or increasing” its oil purchases from Russia and stands ready to help New Delhi further diversify its energy imports, the White House said.
Biden made the remark during his virtual meeting with Prime Minister Modi that it was “constructive” and “productive” and that their interaction “was not adversarial,” said White House Press Secretary Jen Psaki told reporters.
The virtual meeting between the two leaders took place in the context of Washington having some doubts about India’s position on the Ukraine crisis as well as Russia’s decision to buy discount oil. The Modi-Biden virtual meeting lasted for about an hour.
“This is a constructive call. It’s a productive call. It’s a hugely important relationship to the United States and to the President. I wouldn’t consider it a confrontational call. enemy,” Psaki told reporters at her daily press conference. after the end of the bilateral virtual Modi-Biden.
Although the two leaders have met virtually several times and also in personal settings, this is the first time Biden and Modi have had a virtual bilateral relationship.
During the meeting, Mr. Biden said that it is not in India’s interest to accelerate or increase oil imports from Russia. Currently, India imports between 1 and 2% of its oil needs from Russia compared to 10% from the US.
The United States stands ready to help India further diversify its energy sources, Psaki said. She asserted that India’s purchase of oil and gas from Russia does not violate any sanctions. “But I will let them speak for themselves,” she said.
In response to a question, Psaki said that there has been no decision on CAATSA sanctions against India, which is ahead of the decision to buy the S-400 missile system from Russia.
In October 2018, India signed a $5 billion deal with Russia to purchase 5 units of the S-400 Triumf air defense missile system to boost its air defense capabilities, despite warnings. from the then Trump administration that continuing the contract could invite US sanctions.
The US has imposed sanctions on Turkey under CAATSA for purchasing a batch of S-400 missile defense systems from Russia.
Psaki told reporters that Modi and India spoke out strongly against Russia’s atrocities in Ukraine.

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