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Free AccessINDIA-Gov't Source: We Cannot Expect India To Sanction Russian Oil
Ahead of German Chancellor Olaf Scholz's 25-26 Feb visit to India, comments from an unnamed German gov't source hitting wires. States that the key themes of the visit will be 'skilled workers, energy, renewables, hydrogen, and India's G20 presidency'. Source: 'Scholz will campaign for progress in negotiations on EU FTA in India...our aim is to expand our strategic partnership with India in all dimensions.'
- Regarding India's stance on the war in Ukraine: 'Every region has its own view and own way of conducting diplomacy...we are agreed with India who is the aggressor here and who is the victim.'
- Source: 'We cannot expect India to sanction Russian oil.'
- Regarding UN resolution calling for an immediate ceasefire and accountability for war crimes, source states: 'We do not know how India will vote...[it is] more important to get 100 states to vote in favour. [We are] working on this.'
- Scholz's visit will be at the head of a sizeable business delegation, drawing comparisons to his visit to China in late-2022, which drew some criticism from China hawks in Germany and its allies for not pushing back hard enough on Beijing's increasing assertiveness in the Indo-Pacific.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.