India’s anti-dollar move to neutralize Western sanctions against Russia

A senior Indian government official has said that the country wants to buy Russian oil and other exports in the two countries’ national currencies, while the United States is trying to get the countries out of the country, Reuters reported. Trade with Russia is on the alert.

“Russia offers a good discount on oil and other commodity prices, and we are happy to use it,” he said. At the moment, of course, we have problems such as tanker insurance and some other obstacles. When these problems are resolved, we will take advantage of Russia’s discount.

According to the Indian official, trade transactions with Russia will be carried out in the national currencies of the two countries to avoid US dollar sanctions and sanctions policies.

According to him, the process of creating a platform for the exchange of rupees and rubles is underway.

So far, India has not spoken out in condemnation of the military conflict between Russia and Ukraine, while Western countries have strongly opposed it and imposed heavy sanctions on Moscow. The United States has imposed sanctions on Russia, and the European Union has blocked its access to the euro.

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