India asked by sanctions-hit Russia for parts for key sectors: Sources

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Prime Minister Narendra Modi’s government has not joined Western countries in openly criticising Moscow for the war in Ukraine. Read more at straitstimes.com.

NEW DELHI - Moscow has sent India a list of more than 500 products for potential delivery including parts for cars, aircraft and trains, four sources familiar with the matter said, as sanctions squeeze Russia’s ability to keep vital industries running.

The source added that further discussion would be needed to agree specifications and volumes and that the outreach was not limited to India. During the Moscow visit, Mr Jaishankar said India needed to boost exports to Russia to balance bilateral trade that is now tilted towards Russia. Also on the list were raw materials to produce paper, paper bags and consumer packaging and materials and equipment to produce textiles including yarns and dyes, according to the document reviewed by Reuters.

 

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