Russia Assures India Amid U.S. Tariff Pressure
Russia has assured India that it will help absorb Indian exports struggling to enter the United States after Washington imposed steep tariffs on a wide range of goods. The move comes at a time when New Delhi faces pressure due to its continued imports of Russian oil, which has triggered trade tensions with Washington.
Alternative Market Access Promised
According to officials, Moscow is ready to ease restrictions and expand channels for Indian goods in its domestic market. Russia has emphasized that bilateral trade will remain a priority and pledged to provide India with new opportunities to bypass U.S. trade barriers. This assurance covers sectors such as steel, textiles, pharmaceuticals, and chemicals, which have been hit by American tariffs.
Modi-Putin Talks on the Horizon
Diplomatic efforts are also in motion to organize a meeting between Prime Minister Narendra Modi and Russian President Vladimir Putin later this year. The discussions are expected to focus on strengthening trade ties, expanding oil and energy cooperation, and creating new settlement mechanisms in local currencies to reduce dependence on the U.S. dollar.
India’s Balancing Act
For India, the assurance from Moscow provides breathing space as it navigates a challenging global trade environment. While the U.S. remains an important partner, Russia’s support highlights the strategic depth of Indo-Russian ties and signals that New Delhi is looking to diversify its economic dependencies.
