In the 50% tariff that has been imposed on India by the US, half of it is only about business relations with Russia, especially Donald Trump, who is angry with the purchase of Russian oil and weapons, has hit India as an extra tariff fine. Not only Trump, but from his Finance Minister to all the administration officials, have accused India of profiteering and helping him in the Ukraine war by purchasing oil and weapons from Russia. However, the Government of India is also constantly cleaning its picture regarding these allegations. Let’s know how the government sources are giving the answer to the allegations made by US?
Question- Has India given financial life to Putin?
answer- No, India has worked to stop a global crisis. Russia supplies about 10% of the oil in the world, if India stops buying oil from it, the price of crude oil can reach $ 200 per barrel. By maintaining oil flow, India has stabilized the world markets and helped global citizens. The world has appreciated the role of India.
Question- Is India using US dollars to purchase Russian oil?
answer- This is wrong, Indian refiners do not use US dollars for Russian oil, but shopping is made through traders from third countries and paid with currencies like AED. The US government never said before to stop purchasing from India, because India’s trade is completely valid and is under G7 and EU Price Cap rules.
Question- Is India involved in black marketing of oil?
answer- There is no black marketing of any kind. There are no restrictions on Russian oil like Iranian or Venezuela’s crude oil. It is sold under the price limit system created by Western countries to prevent profiteering. If America wanted to ban Russian oil, he would ban it, he did not do so because it also knows the need for Russian oil in the market.
Question- Did India increase Russian imports for profiteering?
answer- No, India reduced fuel prices for its citizens, while global oil prices reached $ 137 per barrel. Government oil companies incurred a loss of Rs 21,000 crore, while the government imposed tax on exports to stop profiteering. India’s imports worked to prevent global rise and reduced inflation for all.
Question- Did India become the center of money refinement for Russian oil?
answer- It is not so, India has been the fourth largest refiner in the world for decades. Crude oil purification and fuel export, global system works like this. After banning Russian crude oil, Europe itself became dependent on Indian diesel and jet fuel. This is a stabilization, not money refinement.
Question- Is India imposed benefit to Russia and a duty on American exporters?
answer- The argument of trade deficit is hollow, as the US runs more losses with other countries China, EU and Mexico. India’s loss of $ 50 billion is comparatively very small. Meanwhile, India buys billions of dollars of US aircraft, LNG, defense equipment and technology.
Question- Is India earning free profit on US defense?
answer- No, India, along with GE, is co-producing the jet engine, is buying MQ-9 drone and deepening the quad and Hind-pacific defense relations. According to sources, India is the only major power of China actively fighting military in Asia, it is a direct strategic advantage for the US.
Question- Should the path of peace go through Delhi in Ukraine?
answer- Peace cannot be brought by making a goat of sacrifice. India has called for diplomacy in the United Nations. Meanwhile, Europe is still a buyer of Russian gas and the US is still importing Russian uranium. India acted responsibly, followed the rules related to global infrastructure and prevented oil prices from rising.
Government sources have made it clear that India did not give money to Russia, but has kept the markets for themselves and the world, fuel and inflation has been controlled. He said that politics can benefit by making India a goat of sacrifice, but it does not give facts.
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