India-Russia Discussions Focus On Energy Supplies & Global Supply Chain Challenges

New Delhi, May 14 (KNN) India and Russia reviewed bilateral energy cooperation, economic engagement and regional geopolitical developments during talks between External Affairs Minister S. Jaishankar and Russian Foreign Minister Sergey Lavrov in New Delhi.

The discussions focused on the outcomes of the previous India-Russia annual summit, with particular emphasis on energy trade and expanding economic partnership between the two countries, according to ET.

The two sides also reviewed developments related to the ongoing conflict and tensions in West Asia and their impact on global supply chains and international trade flows.

In his opening remarks, Dr. Jaishankar highlighted the importance of sustained engagement and regular dialogue in strengthening bilateral relations between India and Russia.

According to sources, the issue of India’s imports of Russian crude oil was also discussed in the backdrop of the expiry of a United States waiver related to sanctioned Russian oil supplies. Officials indicated that India is expected to continue receiving Russian crude supplies, with a certain quantity of oil remaining accessible.

The discussions also reportedly touched upon ongoing differences within BRICS regarding a common position on the West Asia conflict amid tensions involving Iran and the United Arab Emirates.

Ahead of the meeting, Lavrov said agreements related to energy supplies to India would continue to be honoured despite what he described as unfair external competition. He also said relations between India and Russia are based on longstanding friendship and strategic cooperation.

(KNN Bureau)