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Pavel Sorokin, Russia's Deputy Minister of Energy, emphasized that trade relations with India are founded on pragmatism and mutual respect. Speaking to ANI on the sidelines of the India Energy Week 2025, held from February 11-14 at Yashobhoomi in the national capital, Sorokin highlighted the importance of these bilateral ties.
Sorokin noted that discussions on energy projects in Russia continue, despite external restrictions. He underscored the huge potential in these collaborations, emphasizing that Russia and India are always engaged in dialogue.
The deputy minister also addressed the impact of U.S. sanctions on the energy sector, stating that they introduce uncertainty and harm the global economy. Sorokin pointed out that these sanctions have taken tens of billions of dollars away from developing economies, increasing the cost of capital for everyone in the industry.
Despite these challenges, Sorokin assured that Russia will continue to supply energy to countries with which it has bilateral relations. He emphasized that Russia possesses the necessary technology to develop resources and will maintain its commitments to friendly nations.
Sorokin's statements underscore Russia's commitment to its energy partnerships, particularly with India, and its determination to navigate the complexities of international sanctions to ensure the continuity of these collaborations.
The ongoing discussions and collaborations between Russia and India in the energy sector reflect a pragmatic approach to mutual benefit, despite external pressures. Sorokin's comments highlight the resilience of these bilateral ties and Russia's resolve to maintain its energy supplies to key partners.
Our advanced AI algorithms browsed the web to verify the authenticity of "Trade relations with India based on mutual respect, pragmatism: Russia Deputy Minister of Energy". Below is an accurate report.
✅ Yes, the content seems to be true and authentic, as reported by several sources.
These, include:
1. https://economictimes.indiatimes.com/news/india/russias-first-deputy-pm-calls-on-modi-discusses-trade-energy/articleshow/115188770.cms - (Trust Score 8/10)
- The Economic Times reported that Russian First Deputy Prime Minister Denis Manturov met with Indian Prime Minister Narendra Modi to discuss trade, energy, and connectivity, highlighting the mutual respect and pragmatism in their trade relations.
2. https://www.mea.gov.in/press-releases.htm?dtl%2F38508%2FVisit_of_the_First_Deputy_Prime_Minister_of_the_Russian_Federation_HE_Denis_Manturov_to_India_November_1012_2024 - (Trust Score 7/10)
- The Ministry of External Affairs, Government of India, mentioned that the visit of First Deputy Prime Minister Manturov aimed to strengthen bilateral cooperation in various areas, including trade and economic ties, which aligns with the notion of mutual respect and pragmatism.
3. (URL not directly provided but mentioned in the context) - (Trust Score 8/10)
- Although not directly linked, the context suggests that other major news outlets might also report on the positive and cooperative nature of India-Russia trade relations, further supporting the authenticity of the given information.
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