Union Finance Minister Nirmala Sitharaman recently commented on the legislative proposal introduced by US Senator Lindsey Graham. This specific bill seeks to empower the American President to levy tariffs reaching 100 percent on products originating from nations that continue to purchase significant quantities of Russian oil. During her remarks, Sitharaman highlighted that such restrictive measures are not currently present within the European regulatory framework. Her statement serves to contextualize India's ongoing trade discussions and energy procurement strategies in the face of potential international economic pressures linked to the ongoing geopolitical situation involving Russia.
Source : Hindustan Times
Photo : Hindustan Times
