Why you must listen to this speech of S Jaishankar on Europe

New Delhi: "Look I don't want to sound argumentative. If India funding Russia oil is funding the war… Tell me then buying Russian gas is not funding the war? It's only Indian money and Russian oil coming to India funding the war and not Russia's gas coming to Europe not funding? Let's be a little even-handed," said India's External Affairs Minister (EAM) S Jaishankar with the clarity he is known for. The EAM was speaking on Friday at the GLOBSEC 2022 Bratislava Forum being held in Slovakia on the topic 'Taking Friendship to the Next Level: Allies in the Indo-Pacific Region'.

Putting forth a solid defence for India's oil purchase, S. Jaishankar also hit back at the unfair criticism of India's oil purchase from Russia amid the Ukraine war that has created a knock-off effect on the world economy.

Speaking further on importing of Russian oil by India, S Jaishankar said the packages of sanctions imposed by the European Union are imposed keeping in mind the interest of certain European nations.

"Europe is buying oil, Europe is buying gas…new package of sanctions, it is designed in a way that consideration has been given to the welfare of the population, pipeline has carve-outs… if you can be considerate to yourself, you can be considerate to other people. If Europe says, if we have to manage it in a way impact on the economy is not traumatic, that freedom should exist for other people as well," he said.

S Jaishankar also spoke on how the increase of Indian oil purchases is being played up without giving consideration to the low base of the previous imports.

"Look at the whole narrative, it has gone up nine times, it has gone up from a very low base…if countries from the West, Europe, US are so concerned why do they not allow Iranian oil to come to the market, why do they not allow Venezuelan oil to come to the market," he added.

S Jaishankar said India handled the COVID-19 pandemic prudently and that the country is "largely out of COVID-19 with a strong sense of economic recovery".

Replying to a question on where India stands after the difficult and turbulent Covid times, S Jaishankar said, "We are largely out of Covid, but it never quite goes away. But we are out of Covid with a strong sense of economic recovery. We handled it very prudently, economically."

"We handled it very prudently in terms of the financial responses. We did not blow the bank in responding. We intervened where we had to," S Jaishankar said adding, "In the 8 years of the Modi government we have built a social welfare society at a speed and a scale that the world has not seen.

S Jaishankar is currently on a visit to Slovakia and the Czech Republic from June 2 to 6 to impart further momentum to bilateral relations with the two Central European countries.

During his visit to Bratislava from June 2 to 4, S Jaishankar will call also call on Prime Minister of Slovakia Eduard Heger and will hold bilateral discussions with Ivan Korcok, Minister of Foreign and European Affairs of Slovakia.

In addition to meeting the political leadership of Slovakia and the Czech Republic, S Jaishankar will also interact with a cross-section of Indian immigrants, including Indian students in Slovakia and the Czech Republic.

"India has traditionally enjoyed close and friendly ties with both Slovakia and the Czech Republic. EAM's visit will impart further momentum to bilateral relations with the two Central European countries," the MEA release said.

(Defence Watch– India's Defence Business News aggregator that places the spotlight on Defence Manufacturing, Defence Technology, Strategy and Military affairs is on Twitter. Follow us here and stay updated.)