Minister of external things S. Jaishankar responded to the US proposal to impose a 500% tariff on the import of Russian oil and stated that any development of the US Congress is interesting for India if it affects the country’s interests.
Jaishankar concerned a press conference and said Indian concerns and interests on energy security were handed over to American Senator Lindsey Graham.
Also read: Indian import of Russian oil reached 10 months high in May
“As for the proposal of Senator Lindsey Graham, any development that is happening in the US Congress is interesting to us if it affects our interest or it could have an impact on our interest. So we were in contact with Senator Graham.
Graham’s sanctions of the Russia Act would impose a 500 % tariff on imports from any nation that purchases Russian oil, gas, uranium and other products, Kopec said. The bill has over 80 co -founders in the Senate, which makes the veto resistant.
After the outbreak of Russia-Ukraine’s war and other Western nations, they deposited sanctions on Moscow, but India maintained Russian oil imports.
In May, Senator Lindsey Graham said she was discussing with US President Donald Trump about the proposed legislation. While some Republican legislators have expressed concern about the development of the law, they are reportedly waiting for Trump’s consent to move it forward in the congress.
When asked whether Trump is instructed by the bill to the floor, Graham said: “We are separate entities coordinating each other,” Kopec said.
We were in contact with Senator Graham. Our concerns and our energy interests, security was familiar to him.
Graham suggests carving his draft law on Russian sanctions to exclude nations that help the defense of Ukraine and protect them from 500 % of the trading tariff.
(Tagstotranslate) Russian sanctions
