Feb 20 โ€ข 12:07 UTC ๐Ÿ‡ฎ๐Ÿ‡ณ India Aaj Tak (Hindi)

Will India buy oil from Venezuela? The Modi government's response has come

India has clarified its stance on purchasing oil from Venezuela, emphasizing that such transactions will depend on supply assurances and economic viability.

India's Ministry of External Affairs, represented by spokesperson Randhir Jaiswal, has laid out the government's position regarding potential oil purchases from Venezuela. Jaiswal reiterated that India will only proceed with such purchases if it can guarantee supply and profitability, thereby highlighting the country's strategic and economic interests in managing its energy needs effectively.

Additionally, the spokesperson addressed recent remarks related to India-U.S. trade relations, indicating that both nations are collaborating to develop a trade agreement beneficial to both sides. Indian negotiators are set to travel to the U.S. next week to continue discussions, marking a significant step in strengthening bilateral relations through economic cooperation.

Furthermore, Jaiswal provided clarity on India's stance regarding the Palestine issue, referencing the recent joint statement from the India-Arab League ministerial meeting. He emphasized the need for a just and comprehensive peace in the Middle East, while underscoring India's commitment to international law and collaborative efforts toward regional stability.

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