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US buys (reactor) fuel from us… why can’t India: Russian President Vladimir Putin

Asked how India and Russia should handle Trump’s tariff-driven policies, Putin said: “He has advisors who believe that implementing such tariff policies, involving the imposition of additional duties on trade partners, ultimately benefits the US economy. He is acting in good faith, I presume.”

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Referring to New Delhi’s energy ties with Moscow, Russian President Vladimir Putin Thursday said “certain actors” dislike India’s growing role in international markets, and that these elements are aiming to constrain India’s influence for political reasons by imposing “artificial obstacles”.

In an interview to India Today channel that was released on Thursday evening, the Russian president was asked about Western sanctions against Moscow and the US’s imposition of penalty tariffs on India for importing Russian oil. Putin said that India and Russia’s energy cooperation largely “remains unaffected”.

He said the US itself continues to buy Russian nuclear materials. “As for India’s purchases or purchase of energy resources from Russia… Well, I would like to note and have already mentioned this publicly once — the US itself still buys nuclear fuel from us for its own nuclear power plants.”

“That is also fuel — uranium for the reactors operating in the US. If the US has the right to buy our fuel, why shouldn’t India have the same privilege? This question deserves thorough examination, and we stand ready to discuss it, including with President (Donald) Trump,” said President Putin, who landed in New Delhi on Thursday evening for his two-day India visit.

Asked how India and Russia should handle Trump’s tariff-driven policies, Putin said: “He has advisors who believe that implementing such tariff policies, involving the imposition of additional duties on trade partners, ultimately benefits the US economy. He is acting in good faith, I presume.”

Prime Minister Narendra Modi welcomes Russian President Vladimir Putin Prime Minister Narendra Modi welcomes Russian President Vladimir Putin upon his arrival at Delhi’s Palam Airport, marking the start of the Russian leader’s official visit to India today

Amid Washington’s aggressive approach towards New Delhi-Moscow ties, Putin said the collaboration was not directed against any country and was solely aimed at safeguarding respective national interests.

“Neither me nor Prime Minister (Narendra) Modi, despite certain external pressures we face, have ever approached our collaboration to work against someone,” he said. “President Trump has his own agenda, his own goals, whereas we focus on ours — not against anyone, but rather aimed at safeguarding our respective interests, India’s and Russia’s interests.”

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Putin also said India cannot be treated the way it was several decades back. “India is no more a British colony, but a major global player,” he said, adding that PM Modi is not someone who bows to pressure easily.

“Our goal is not to provoke conflict; rather, we aim to protect our lawful rights. India does the same,” he said.

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The two leaders had a private dinner at Modi’s official residence on Thursday evening and will hold talks on Friday.

On bilateral trade, Putin said over 90 per cent of “our transactions are already conducted in national currencies”. “While some complications arise due to the presence of numerous intermediaries, there are also solutions,” he said.

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About his meeting with Trump in Alaska, Putin said: “He constantly speaks about his wish to minimise losses, and I am confident that his sincerity is genuine.”

He said the US has “political considerations and economic interests” in resolving the conflict and said Washington is “actively seeking a solution to this problem”.  On whether Trump could be considered a peacemaker, Putin said: “I am absolutely certain… he sincerely aims for a peaceful resolution… There could also be political interests tied to ending the confrontation, or economic motives too. There are numerous areas where restoring economic relations between the US and Russia would benefit both sides.”

Divya A reports on travel, tourism, culture and social issues - not necessarily in that order - for The Indian Express. She's been a journalist for over a decade now, working with Khaleej Times and The Times of India, before settling down at Express. Besides writing/ editing news reports, she indulges her pen to write short stories. As Sanskriti Prabha Dutt Fellow for Excellence in Journalism, she is researching on the lives of the children of sex workers in India. ... Read More

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