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US ties are invaluable; India won’t cut back Russia trade

India’s ties with the US constitute a “very invaluable relationship”, external affairs minister S Jaishankar said on Friday.

Updated on: Aug 31, 2024 07:51 am IST
By , New Delhi
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India’s ties with the US constitute a “very invaluable relationship”, external affairs minister S Jaishankar said on Friday, while simultaneously asserting that New Delhi should “not be intimidated” from pursuing its economic relations with Russia.

Jaishankar spoke extensively on India’s foreign policy and relations with countries in the neighbourhood and with key global powers such as China, Russia and the US at an event to mark the release of the book “Strategic Conundrums: Reshaping India’s foreign policy” by former ambassador Rajiv Sikri. (DrSJaishankar - X)

Jaishankar spoke extensively on India’s foreign policy and relations with countries in the neighbourhood and with key global powers such as China, Russia and the US at an event to mark the release of the book “Strategic Conundrums: Reshaping India’s foreign policy” by former ambassador Rajiv Sikri.

He said, just as the book acknowledges, the relationship with the US is for strategic and economic purposes a “very invaluable relationship for us”. He added: “Therefore, I would actually argue that the US is today indispensable for our multipolarity to go up, that if we need that decision-making space, that freedom, we need countries whose interest is that we have those margins on our side.”

Also Read | S Jaishankar's strong words on Pakistan: ‘Era of uninterrupted dialogue is over’

Jaishankar also pointed to convergences in India-US relations. “India and the US, by their nature, will always have interests which will differ and diverge from those of the other,” he said.

When it comes to Russia, India will have to be sensitive to a “Eurasian balance”, he said. “It’s a core strategic requirement for us. But I would also say if you look at trade with Russia, which has gone up five times, and it’s not just a simple oil issue, I would urge you to look at it much more deeply, that there is an economic complementarity between India and Russia,” he said, referring to India’s decision to ramp up purchases of discounted Russian crude since 2022.

“And we should not be intimidated from pursuing the advantages of that complementarity,” he added. Russia is now following its own “look east” policy and there has been a shift in how Moscow approaches the world after 2022, and India needs to “understand and take advantage” of this.

In the case of Pakistan, Jaishankar said, the “era of uninterrupted dialogue” is over, and where Jammu and Kashmir is concerned, the issue of Article 370 “is done”. He was referring to the Indian government’s move to scrap Jammu and Kashmir’s special status in 2019.

In a reference to India’s long-standing concerns about Pakistan sponsoring cross-border terrorism, he said, “Actions have consequences.” While the book suggests that India would be content to continue at the current level of the relationship with Pakistan, Jaishankar said: “Maybe yes, maybe no. What I do want to say is we are not passive and whether events take a positive or a negative direction, either way, we will be happy.”

Turning to China, with which India has been locked in a military standoff on the Line of Actual Control (LAC) since 2020, Jaishankar said New Delhi has done substantial work to “fix the border infrastructure deficit”, which is key to maintaining peace and tranquillity in border areas.

 
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