00:00There were a set of conversations with different people in the American administration at that
00:09time that if India wanted to buy Russian oil, that's fine by us because it will stabilize
00:14the price of oil. No, look, I mean, negotiations are still going on in the sense that nobody
00:26said the negotiations are off. I mean, and people do talk to each other. I mean, it's
00:34not like there's a kutti there. So look, what happens is we have red lines in the negotiations.
00:47We have to be clear as to, you know, red lines by definition are lines to be maintained and
00:55defend it. Keeping that in mind, see what we get. And frankly, where we are concerned,
01:04the red lines are primarily the interests of our farmers and to some extent of our small
01:10producers.
01:11The second issue in a way is being presented as an oil issue. But why I say it's being
01:16presented is because the same arguments which have been used to target India have not been
01:23applied to the largest oil importer, which is China, has not been applied to the largest
01:29LNG importer, which is the European Union.
01:32When people say, we are funding the war or putting money in the coffers of Putin, India, European
01:40Union trade is bigger than India, Russia trade. So is the European not putting coffers, putting
01:46money into Putin's coffers? Look, it's funny to have people who work for a pro-business American
01:59administration accusing other people of doing business. That's really curious. But here's
02:06the point. If you have a problem buying oil from India, oil or refined products, don't
02:16buy it. Nobody force you to buy it. But Europe buys, America buys. So you don't like it, don't
02:24buy it. I'd like to give the floor to Mr. Shibriya Darshan, School of Economics, National
02:31University of Singapore and IIT Delhi.
02:32The United States has long been benefited greatly from free trade. But now it is using tariffs
02:40as a bargaining chip to demand exorbitant prices from various countries. The United States has
02:49imposed tariffs of up to 50% on India and is even threatened for more. China firmly opposes
02:58it. In the face of such acts, silence or compromise only emboldens the bullying. China will firmly
03:09stand with India to uphold the multilateral trading system with the World Trade Organization at its core.
03:18We welcome more Indian commodity to enter the Chinese market. India has a competitive edge in IT,
03:27software and biomedicine, while China is seeing rapid expansion in the fields of electronic manufacturing,
03:35infrastructure construction and new energy. If connected, the two major markets will produce an effect of
03:451 plus 1 bigger than 2. Next I would like to introduce
03:50Asimov.
03:51In the future, we are focusing on directly on the Dooku Indian Phantan,
03:52and the frontal Fear of Healthcare and the motorists.
03:53We like to introduce Asimov.
03:54Yes, sir.
03:55Thank you very much.
03:56Thank you, sir.
03:57Thank you, sir.
03:59I would like to introduce Asimov, please.
04:03Thank you, sir.
04:04Thank you, sir.
04:07Thank you, sir.
04:10Thank you, sir.
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