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“We person noted nan latest sanctions announced by nan European Union,” said MEA spokesperson Randhir Jaiswal. “India does not subscribe to immoderate unilateral punishment measures. We are a responsible character and stay afloat committed to our ineligible obligations.”
The EU’s 14th sanctions package includes tighter banking curbs, limits connected protector fleet shipping, and a little lipid value headdress — designed to compression Russia’s warfare revenues.
India connected Friday pushed backmost firmly against nan European Union’s latest sanctions package, which for nan first clip targets an Indian-based Rosneft-linked refinery. The Ministry of External Affairs issued a connection stressing that India does not admit unilateral sanctions and urged nan EU to debar “double standards” — particularly successful power trade.
“We person noted nan latest sanctions announced by nan European Union,” said MEA spokesperson Randhir Jaiswal. “India does not subscribe to immoderate unilateral punishment measures. We are a responsible character and stay afloat committed to our ineligible obligations.”
The remarks came hours aft EU overseas argumentation main Kaja Kallas posted connected X that nan bloc had “designated a emblem registry and nan biggest Rosneft refinery successful India” arsenic portion of caller sanctions aimed astatine tightening unit connected Russia complete its warfare successful Ukraine.
The refinery successful mobility is Nayara Energy’s 20-million-tonne-per-year installation successful Vadinar, Gujarat. Rosneft owns a 49.13% liking successful Nayara, alongside a consortium of Russian-linked finance entities. The EU’s move efficaciously blocks Nayara from exporting refined products for illustration petrol and diesel to European countries.
India emphasized its sovereign correct to power security, stating it is “a work of paramount value to meet nan basal needs of its citizens.” The authorities underlined that discriminatory restrictions connected power waste and acquisition would not beryllium acceptable.
The EU’s 14th sanctions package includes tighter banking curbs, limits connected protector fleet shipping, and a little lipid value headdress — designed to compression Russia’s warfare revenues. Ironically, nan little headdress (currently $60 per barrel) whitethorn let India, nan second-largest purchaser of Russian crude, to acquisition lipid astatine moreover cheaper rates.
Published on: Jul 18, 2025 9:22 PM IST
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