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“We have already made clear our position on these issues, including the fact that our imports are based on market factors and done with the overall objective of ensuring the energy security of 1.4 billion people of India,” India’s Foreign Ministry said
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The Indian Ministry of External Affairs Wednesday (August 6) reiterated its position that the tariffs imposed by the United States on India over the latter’s purchase of Russian oil is “unfair, unjustified and unreasonable”.
The MEA statement came on the heels of President Donald Trump signing an executive order that imposes an additional ad valorem 25 per cent tariff on Indian goods, after he imposed similar levies last week– all attributed to New Delhi’s oil trade with Moscow.
“We have already made clear our position on these issues, including the fact that our imports are based on market factors and done with the overall objective of ensuring the energy security of 1.4 billion people of India,” the MEA statement said.
Calling the imposition of tariffs by US “extremely unfortunate”, India pointed out that several other countries are also taking the same action in their own national interest.
“We reiterate that these actions are unfair, unjustified and unreasonable. India will take all actions necessary to protect its national interests,” the statement concluded.
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