US ties India trade deal to end of Russian oil imports, says commerce chief
US Commerce Secretary Howard Lutnick has signaled that a trade agreement between the United States and India could advance once New Delhi halts its oil imports from Russia.
Speaking to CNBC about Washington’s trade priorities, Lutnick stated, “Well, we’re going to sort out India,” adding that progress depends on India ending its Russian oil imports. His comments come amid ongoing tensions between the two nations over energy policy and trade barriers.
Lutnick's remarks follow the United States' shift in tone on trade talks with India. Just a day earlier, President Donald Trump referred to Prime Minister Narendra Modi as a "dear friend" and expressed hope for further engagement. He added that negotiations were already underway to “remove trade barriers” and voiced confidence in a “successful conclusion.”
Modi responded in kind, describing the United States and India as “close friends and natural partners,” and said he was optimistic that ongoing talks would “unlock the limitless potential” of bilateral ties.
Washington has repeatedly expressed concern about India’s increasing reliance on Russian oil, particularly in the context of Western sanctions imposed following Moscow’s invasion of Ukraine.
By Vafa Guliyeva