US Threatens Indian Companies With Sanction As PM Modi Confirms Russia Tour! Kinjal Choudhary
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In a significant development, US Ambassador to India Eric Garcetti has issued a stern warning to Indian companies, cautioning them about the "consequences" of violating global sanctions against Russia. This comes amidst heightened tensions as Prime Minister Narendra Modi confirms his upcoming visit to Russia on July 8-9.
Garcetti emphasized that the US, along with its allies, stands firm against any nation attempting to seize another's territory by brute force. He expressed hope that India would align with this principle and assist in identifying companies supporting Russia's military efforts.
Sanction Game in Action
A notable example of this pressure is the recent sanctioning of Bengaluru-based Si2 Microsystems by the US, Europe, and Japan. Si2 Microsystems, a provider of system-in-package and microsystems solutions, designs and assembles integrated circuits for commercial, military, and space industries.
Oil Trade in the Spotlight
Addressing concerns about the energy sector, Garcetti clarified that India's energy trade with Russia remains unproblematic, as there is no perception of rule-breaking. The US is cautious about imposing restrictions on oil trade due to potential global cost increases.
Why This Statement Now?
This strong statement from the US comes at a time when India appears to be rattling the US with its assertive policies. Despite expectations of a weaker government, India's new administration has taken decisive actions on various fronts.
Upcoming Modi-Putin Talks
Prime Minister Modi's visit to Russia will focus on several key issues:
India-Russia Trade: Efforts to boost trade relations between the two nations.
Payment Issues: Addressing complications arising from Western sanctions.
Chennai-Vladivostok Maritime Route: Building on previous discussions.
Reciprocal Exchange of Logistics Agreement (RELOS): Paving the way for enhanced defense exchanges.
Stay tuned as we bring you more updates on this developing story. Subscribe to Kinjal Choudhary - Bharat Samvad for the latest insights and analyses on international relations and Indian politics.
NEWS:
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