Is a trade alliance likely between Russia and India? – BBC Newsnight

Is a trade alliance likely between Russia and India? – BBC Newsnight

Is a trade alliance likely between Russia and India? – BBC Newsnight – Latest News Today

Russian Foreign Minister Sergei Lavrov flies to India to try and work out an energy deal – is a new trading partner for Russia a possibility? Please subscribe HERE http://bit.ly/1rbfUog

After the US and China, India is the world’s third-largest consumer of oil, over 80% of which is imported.

India has signed contracts for March and April to buy barrels of Russian oil at a discounted price.

The US has said that although these oil imports do not violate sanctions, any support for Russia will strengthen their ability to continue their invasion of Ukraine.

Newsnight’s Economics Editor Ben Chu reports:

#Newsnight #BBCNews #BBC

Newsnight is the BBC’s flagship news and current affairs TV programme – with analysis, debate, exclusives, and robust interviews.

Website: https://www.bbc.co.uk/newsnight
Twitter: https://twitter.com/BBCNewsnight
Facebook: https://www.facebook.com/bbcnewsnight

Thanks for watching the Is a trade alliance likely between Russia and India? – BBC Newsnight video!

Watch the Is a trade alliance likely between Russia and India? – BBC Newsnight video on Youtube