Less Than 1% Of India's Oil Imports Is From Russia: Centre Amid Ukraine War
NDTV
Foreign Minister S Jaishankar said the government is examining the various aspects, including the payment aspect, due to the emerging problem in dealing with Russia.
The government is examining various trade-related aspects, including those related to payments, in the wake of the Russia-Ukraine conflict, External Affairs Minister S Jaishankar told the Rajya Sabha on Thursday even as he asserted that the crude oil imported from Russia is very little.
Replying to a supplementary during question hour in the Rajya Sabha, Mr Jaishankar said, "Because of the emerging problem in dealing with Russia, the Government is examining various aspects, including the payment aspect".
He told the House that there is a group within the government composed of different ministries led by the finance ministry to examine these matters.
As regard to oil trade with Russia he stated, "We import very little (crude) oil for Russia. It is less than one per cent of our imports. Many countries import even 20 times more oil than we do (from Russia)".
