TheRedPillCommunity
Politics • Education
This community platform is for Empowerment, Truth, and Justice!
Interested? Want to learn more about the community?
Job cuts skyrocket across US – report

Trade turnover between the two countries has tripled this year, data from New Delhi shows

Russia has entered the ranks of India’s top five partners in trade, data from the Indian Department of Commerce shows. According to the figures, in the ten months of the fiscal year beginning in April 2022 and ending this month, turnover between the two countries has tripled.

Moscow is now in fifth place on the list, after the US, China, UAE, and Saudi Arabia. This marks the first time since the late 1990s, when India began tracking trade statistics, that Russia has entered the top-five. The country ranked 25th in fiscal year 2021-2022, and its best result was in 1997-1998, when it ranked 16th.

While in the previous fiscal year the trade turnover between the countries reached only $13.1 billion, in January 2023 it surpassed $39.7 billion, with the bulk – $37.3 billion – contributed by Russian exports to New Delhi.

Russian energy exports accounted for a large part of the surge in trade. India, the world's third-largest crude importer, began to boost imports of Russian oil shortly after the start of the military operation in Ukraine and the ensuing Western sanctions. The restrictions resulted in Russia losing its traditional oil buyers in the West, and forced Moscow to seek alternative markets by introducing discounts on its energy.

New Delhi, which has repeatedly stressed that energy security is its top priority, chose not to succumb to Western pressure and continued to stock up on Russian supplies even after the EU embargo and the G7 price cap on Russian oil came into force late last year.

As a result, India’s oil imports from Russia climbed to a record 1.62 million barrels per day in February, making the country India's largest crude supplier for the fifth straight month. Russia now covers 35% of all India’s oil imports, up from less than 1% of India's energy market in 2021.

https://www.rt.com/business/572800-russia-india-top-five-trade/

Interested? Want to learn more about the community?
What else you may like…
Videos
Podcasts
Posts
Larry Johnson - The American Empire is dead!

Larry Johnson - The American Empire is dead!

00:04:30
TheRedPillShorts - Trump is sukk__g of BB Netanyaha
00:00:50
Larry Johnson - we are headed for war with Iran
00:06:27
Geopoli-Tricks: American Empire In Decline(Ft. CIA Chief Analyst Raymond McGovern) Excerpt
Geopoli-Tricks: American Empire In Decline(Ft. CIA Chief Analyst Raymond McGovern) Excerpt
Breaking: Russian Forces hit huge NATO convoy in Lviv,UKR
Breaking: Russian Forces hit huge NATO convoy in Lviv,UKR
Iran vs the US and Israel — Kabuki Theater on Steroids

Any moment now I am expecting John Cleese (a veteran of Monty Python) to jump out of the bushes and announce the creation of the Ministry of Silly Wars, with Donald Trump as the deranged leader. For you youngsters out there, Monty Python’s skit, The Ministry of Silly Walks, helped make the members of MP legends. I had to reference Monty Python because the line of bullshit the Trump administration is feeding the American people and the world about the amazing, obliterating US attack on Iranian nuclear sites on Sunday morning, is more ridiculous that all of the silly walks pictured in the following video:

My hopes that Donald Trump would finally act like a responsible adult are dashed. He’s a dangerous buffoon. While the team around him are working frantically to maintain the fiction that Trump has a vision and is calling the shots on the foreign policy front, he is careening around the globe like an out-of-control cue ball on a billiards table. It started a week ago… first, he claimed...

post photo preview
China about to enter three-aircraft-carrier era as Fujian expected to enter service in 2025: official media

Tuesday marks the third anniversary of the launch of the Fujian, China's first aircraft carrier equipped with electromagnetic catapults. Official media said China is about to enter a three-aircraft-carrier era, with the Fujian expected to enter service by 2025.

After the launch of the Fujian on June 17, 2022, it carried out its first sea trial from May 1 to 8 in 2024. Since then, the Fujian has completed multiple sea trials, accumulating more than 100 days of sea trial, China Central Television (CCTV) News reported on Tuesday.

Wei Dongxu, a Chinese military affairs commentator, said that the aircraft carrier Fujian has been making steady progress in sea trials, and is expected to be commissioned within this year, CCTV News reported.

With a full displacement of more than 80,000 tons, the Fujian is the world's first conventionally powered aircraft carrier to feature electromagnetic catapult technologies, according to CCTV News. The report noted that it will carry a wide variety of carrier-borne...

post photo preview
China, C.Asian countries jointly form China-Central Asia Spirit: Xi

Chinese President Xi Jinping said Tuesday that China and Central Asian countries have explored and formed the China-Central Asia Spirit, which features mutual respect, mutual trust, mutual benefit, mutual assistance, and the pursuit of common modernization through high-quality development.

Xi made the remarks in his speech at the second China-Central Asia Summit in the Kazakh capital of Astana.

Xi said that the Chinese side has decided to establish three cooperation centers and a trade facilitation platform within the China-Central Asia cooperation mechanism.

When addressing the summit, Xi said these institutions include the China-Central Asia poverty reduction cooperation center, the China-Central Asia education exchange cooperation center, the China-Central Asia desertification control cooperation center, as well as the China-Central Asia trade facilitation cooperation....more below

https://www.globaltimes.cn/page/202506/1336391.shtml

post photo preview
See More
Available on mobile and TV devices
google store google store app store app store
google store google store app tv store app tv store amazon store amazon store roku store roku store
Powered by Locals