Sunday, August 7, 2022

Kyiv regime ‘dangerous and provocative’, Putin tells Modi in phone call, talks focus on trade

New Delhi: Russian President Vladimir Putin on Friday called the Kyiv regime “dangerous and provocative” on a phone call with Prime Minister Narendra Modi, even as both sides discussed ways to increase trade in agricultural commodities, fertilizers and pharmaceutical products. discussed.

This is the fourth time the two leaders have held direct talks since the Russo-Ukraine war broke out on February 24 this year. The decision to hold the latest round of talks was taken while the BRICS summit was underway on 23-24 June.

“At the request of Narendra Modi, Vladimir Putin briefed on key aspects of the Russian special military operation, emphasizing the dangerous and provocative nature of the line of the Kyiv regime and its Western protectors, aimed at escalating the crisis and increasing efforts to resolve it. Had to disrupt politically and diplomatically,” said a readout by the Kremlin.

According to the Kremlin, during the call, the two leaders “expressed mutual intent to comprehensively strengthen the special and privileged strategic partnership between Russia and India”.

New Delhi and Moscow both reviewed the implementation of decisions taken during Putin’s visit to India in December 2021, during which a 99-point joint statement was issued on matters ranging from the economy to energy to military cooperation.

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“With reference to the current situation in Ukraine, the Prime Minister reiterated India’s old position in favor of dialogue and diplomacy,” a statement issued by the Prime Minister’s Office (PMO) said.

According to Moscow, both Putin and Modi “discussed in detail the current issues of Russian-Indian relations, with particular attention to the further development of mutually beneficial relations in the economic sphere”.

India is facing a lot of criticism from the West, especially Europe, for buying oil from Russia, while New Delhi has been repeatedly asked to support economic sanctions.

Read also: Indian companies looking to impose sanctions on Russia to expand their operations


‘Significant increase in the volume of bilateral trade’

The Kremlin said the two sides mostly focused their talks on increasing two-way trade between India and Russia in a wide range of products, especially increasing trade in agricultural commodities, fertilizers and pharmaceutical products.

The PMO statement said both Modi and Putin “exchanged views on how bilateral trade in agricultural commodities, fertilizers and pharma products can be further encouraged”.

“It was noted with satisfaction a significant increase in the volume of bilateral trade, including mutual deliveries of agricultural products,” Moscow said.

It also said: “The current state of affairs in the global food market was also touched upon. Vladimir Putin drew attention to the systemic mistakes committed by many states, which disrupted the entire architecture of free trade in food products and significantly increased their costs.

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The two leaders also discussed the impact of Western sanctions on Russia in the wake of the war.

The EU is reportedly exploring ways to impose harsher sanctions on Russian gold under a new package of sanctions, even as the bloc continues to work on ways to stop buying Russian gas. However, so far it has been unsuccessful.

“The illegitimate sanctions against Russia exacerbated an already difficult situation. The same factors had a negative impact on the global energy market. At the same time, the Russian leader stressed that Russia was a source of grain, fertilizer and energy carriers, including Indian partners. Has been a reliable producer and supplier, ”said the Kremlin.

Several international brands are also closing their businesses in Moscow in the wake of the war that has been going on for more than four months. These include McDonald’s, Coca-Cola, Starbucks and Marks & Spencer.

(Edited by Uttara Ramaswamy)


Also read: Procurement continues, Modi government proposes to settle trade with Russia in rupees


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