Russia Offers Market Access to Indian Goods Amid US Tariff Row, Calls Pressure ‘Unjustified’

K N Mishra

    20/Aug/2025

What’s covered under the Article:

  1. Senior Russian diplomat Roman Babushkin urges India to export its goods to Russia amid rising US tariffs, stating that energy and trade cooperation between India and Russia will continue despite external pressure.

  2. Russia criticises the US for imposing unilateral sanctions and tariffs and highlights mutual benefits in the India-Russia partnership while condemning Western “neocolonial” behaviour.

  3. Coverage of India’s official response to the new US tariffs, Russia’s stance against sanction-based diplomacy under BRICS, and the broader geopolitical impact on India’s foreign trade decisions.

Amid escalating trade tensions between the United States and India over the issue of Russian oil imports, Russia has stepped forward with an open offer that could reshape bilateral commerce between New Delhi and Moscow. Speaking at a press conference in the capital, Russian Deputy Chief of Mission Roman Babushkin said that India is welcome to export its goods to Russia if current US tariffs create obstacles in accessing the American market. Babushkin’s comments came on Wednesday as the geopolitical pressure on India increased following Washington’s decision to impose a 25 percent tariff on Indian goods, which is expected to double to 50 percent by August 27. The Russian diplomat labelled this pressure “unjustified” and “unilateral,” and reaffirmed that energy cooperation between India and Russia will continue no matter how strong the external criticism becomes.

In his remarks, Babushkin stressed that Russia currently remains the largest supplier of crude oil to India, meeting around 40 per cent of India’s crude import needs, and argued that the partnership between the two nations represents a “perfect case of mutual accommodation and complementarity of our economies.” According to him, both Moscow and New Delhi recognise the strategic importance of this partnership and are determined to strengthen their cooperation even in the midst of growing pressure from third countries. He remarked, “We are quite certain that our cooperation will continue.”

The timing of Babushkin’s offer is particularly significant and reflects the broader India–Russia trade relations that have deepened as Western sanctions over the Ukraine conflict have intensified. While the US maintains that India’s continued purchase of Russian oil indirectly “aids the Ukraine war effort,” Russian officials argue that such accusations are politically motivated and stand in direct conflict with the principles of sovereign foreign policy. Babushkin made it clear that Russia views sanctions and tariffs as counterproductive, noting that “the sanctions are hitting those who are imposing them.” He added that rather than weakening Russia, the sanctions have actually encouraged Moscow to build new trade corridors and seek stronger alliances, particularly with BRICS nations such as India.

New Delhi’s reaction to the US tariffs has been firm. The Government of India described the move as “unfair, unjustified and unreasonable.” According to official statements, Prime Minister Narendra Modi reiterated that India will not bow to economic coercion, and that New Delhi remains firmly committed to an independent foreign and trade policy driven by national interest rather than outside pressure. Indian officials further highlighted that sectors such as textiles, leather goods, and marine products are likely to experience the most immediate impact from the new tariffs, and that India is actively exploring alternative markets as part of its response strategy.

Against this backdrop, Roman Babushkin emphasised that Russia sees India as a priority strategic partner, noting that even during difficult times, both countries consistently work to remove any obstacles in their relationship. He referred to a recent telephone conversation between Russian President Vladimir Putin and Prime Minister Narendra Modi, describing it as evidence of the high level of trust and mutual respect shared by the two nations. According to Babushkin, “This is the true strategic partnership we are enjoying. Whatever happens, even during challenges, we are committed to removing any problems.”

Babushkin also took the opportunity to question the US approach to its allies, arguing that pressure tactics and the use of tariffs represent an outdated mode of “unlawful competition.” He added that “friends don’t behave like that” and insisted that unilateral sanctions and trade restrictions have no legitimacy unless they are approved by the United Nations Security Council. Highlighting the stance taken by BRICS countries, Babushkin said, “You will never see sanctions imposed by Russia or within BRICS organisations. They just weaponise the economy.”

This position reflects a wider geopolitical realignment where economies such as India are choosing to diversify their partnerships rather than fall in line with traditional Western pressure. Russia’s invitation to India to expand its exports to the Russian market is therefore being viewed as more than just an economic proposal — it is a strategic gesture aimed at demonstrating the resilience and value of the India–Russia energy and trade partnership. Analysts believe that sectors such as pharmaceuticals, engineering goods, chemicals, and agricultural products could witness significantly higher exports to Russia if India decides to respond positively to Babushkin’s offer.

Moreover, Russia’s firm rejection of secondary sanctions as “illegal” has found resonance in India, where policymakers increasingly argue that economic coercion should not be allowed to override national sovereignty. The message from both Moscow and New Delhi is clear — countries should be able to make independent trade and energy decisions without fear of punitive actions. Russia’s call for closer cooperation in the face of pressure has, in fact, further strengthened the narrative that India and Russia are natural strategic partners who stand together when tested by external forces.

In the coming weeks, attention will shift to how New Delhi adjusts its trade policy in response to the US tariff escalation. While India has reiterated its desire to maintain good relations with the US, officials also insist that any pressure that threatens national economic interests will be met with alternative partnerships and diversified export strategies. Russia’s invitation could therefore become a crucial part of India’s broader strategic response, especially if the US moves forward with the proposed tariff hike to 50 per cent by 27 August 2025.

In conclusion, Russia’s offer to welcome more Indian goods into its market while reaffirming the importance of the India–Russia energy partnership underscores the changing dynamics in global trade. As external pressures grow, both countries appear ready to deepen cooperation, sending a clear signal that strategic autonomy remains a core principle guiding their international engagements. The story highlights how geopolitical challenges often become catalysts for stronger bilateral partnerships, particularly when mutual trust and long-term interests are aligned.


The Upcoming IPOs in this week and coming weeks are NIS ManagementSattva Engineering ConstructionGlobtier InfotechCurrent InfraprojectsAnondita MedicareClassic Electrodes (India)Vikran EngineeringShivashrit FoodsARC Insulation & Insulators.


The Current active IPO are Mangal Electrical IndustriesLGT Business ConnextionsVikram SolarGem AromaticsShreeji Shipping GlobalPatel RetailStudio LSD.


Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.


Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.

Related News

Disclaimer

The information provided on this website is for educational and informational purposes only and should not be considered as financial advice, investment advice, or trading recommendations.

Trading in stocks, forex, commodities, cryptocurrencies, or any other financial instruments involves high risk and may not be suitable for all investors. Prices can fluctuate rapidly, and there is a possibility of losing part or all of your invested capital.

We do not guarantee any profits, returns, or outcomes from the use of our website, services, or tools. Past performance is not indicative of future results.

You are solely responsible for your investment and trading decisions. Before making any financial commitment, it is strongly recommended to consult with a qualified financial advisor or do your own research.

By accessing or using this website, you acknowledge that you have read, understood, and agree to this disclaimer. The website owners, partners, or affiliates shall not be held liable for any direct or indirect loss or damage arising from the use of information, tools, or services provided here.

onlyfans leakedonlyfan leaksonlyfans leaked videos