External Affairs Minister S Jaishankar said on Wednesday (local time) that the Indian Embassy and Ambassador have been in touch with American senator Lindsay Graham, if it comes to the bridge about the bill on Russia and India if it comes.
Addressing a press conference, Jaishankar said that India’s concerns and interests on energy have been negotiated with Graham.
When asked about us that there are plans to impose 500 percent tariff on Russian oil imports, Jaishankar said, “Regarding the bill of Senator Lindsay Graham, whatever development is happening in the US Congress, it is interested in us if it affects our interest or it can affect our interest or it can contact our interest. So, we will have to close with the Senator Graham. We will come near it.
The bill of Graham’s sanctions on Russia will impose 500 percent tariffs on imports from any nation purchasing Russian oil, gas, uranium and other products, Hill said. The bill has more than 80 co-features in the Senate, possibly making it a veto-proof.
After the war began between Russia and Ukraine, the US and Western countries ban Moscow. However, India has continued to buy Russian oil.
Earlier in May, Lindsay Graham said he was in touch with US President Donald Trump about the bill. Republican MPs have indicated that they are concerned about transferring the bill, but are waiting for approval from Trump before bringing the law to the floor.
Asked if Trump is instructing when the bill will come on the floor, Graham said, “We are different institutions coordinating with each other,” Hill said.
Graham is proposing a cavot for his Russian sanctions bills, which protects 500 percent of tariffs for trade with Russia, to exclude nations that help Ukraine rescue. (AI)