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CBC News

India risks U.S. ties as Modi diversifies trade with Putin

CBC News · Just In
CBC News
CBC News
Just In

Russian President Vladimir Putin met with Indian Prime Minister Narendra Modi in New Delhi at a summit where the two agreed to diversify economic ties. India’s purchase of discounted Russian oil was recently cited by the U.S. as reason for raising tariffs on Indian goods to 50 per cent.

Breakdown
  • Modi gives Putin a rare airport greeting, signaling strong ties 4s
  • U.S. doubled tariffs on Indian exports over Russian oil purchases 38s
  • Putin promises uninterrupted oil shipments to India 48s
  • India aims to expand trade with Russia by 2030 1m 0s
  • India signals strategic autonomy amid U.S. trade pressure 1m 23s