- 3 months ago
Russian President Vladimir Putin, speaking at the Valdai Security Forum, hailed his country's ties with New Delhi and praised Prime Minister Narendra Modi.
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00:00Hello and welcome, I'm Geeta Mohan and you're watching India Today Global.
00:18Prime Minister Narendra Modi's dear friend and one of India's closest allies,
00:23President Putin hailed Moscow-New Delhi ties
00:28while praising Prime Minister Modi.
00:30He said that India does not have any reason to bow down in front of U.S. tariff pressure.
00:35Here is a report.
00:39Russian President Vladimir Putin has once again hailed Moscow-New Delhi's growing partnership.
00:45Speaking at the Valdai Security Forum in Sochi,
00:48Putin praised Prime Minister Narendra Modi
00:49and criticized Washington's tariffs on India over its crude oil imports from Russia.
00:54He stressed that New Delhi has no reason to bow to U.S. pressure,
00:57adding that his friend PM Modi would never do so.
01:03The people of a country like India, believe me,
01:06will closely monitor the decisions made by the political leadership
01:10and will never allow any humiliation in front of anyone.
01:14And then, I know Prime Minister Modi.
01:16He himself would never take any steps of this kind.
01:19Putin warned that higher U.S. tariffs on Russia's trade partners
01:25would drive up global energy prices that would also impact the American economy.
01:30He noted that if India halted Russian oil purchases,
01:33it could lose $9 to $10 billion annually,
01:36with sanctions carrying the same costs,
01:38but with added domestic political pressure.
01:40If India refuses our energy supplies,
01:47it will suffer certain losses.
01:50And estimates vary.
01:51Some say it will be up to $9 to $10 billion,
01:54if it refuses.
01:56And if it doesn't refuse,
01:57sanctions will be imposed in the form of these high tariffs.
02:01And that will also cause losses.
02:03What will they be?
02:05The same.
02:06So why refuse,
02:07if it also means incurring enormous domestic political costs?
02:13To offset the tariff impact,
02:14Putin hinted at expanding Indian exports to Russia,
02:17including agricultural goods and medicines.
02:21I've already said that I've asked the Russian government.
02:24More agricultural products may be purchased from India.
02:28Certain steps can be undertaken from our side for medicinal products,
02:31products, pharmaceuticals.
02:33We need to solve a whole range of tasks
02:35to unlock our opportunities and potential advantages.
02:42While praising friend Modi,
02:44the Russian leader also accused Washington over its hypocrisy,
02:47quoting that U.S. pressuring India over Russian oil,
02:49even as the U.S. itself remains reliant on Moscow for key resources.
02:56The United States is one of the largest,
02:58if not the largest,
03:00states using nuclear power plants.
03:03Since nuclear energy is well developed in the U.S.,
03:05it requires a large amount of fuel.
03:09We are not the largest supplier,
03:11but Russia is the second largest supplier of uranium
03:14to the American market.
03:17Putin's remarks come just weeks after U.S. President Donald Trump
03:20in his U.N. General Assembly speech
03:22called India and China
03:23the primary funders of the Ukrainian war
03:26through Russian oil imports.
03:27Trump slapped at 50% tariff on India,
03:31half of it as punishment for buying Russian oil
03:34while sparing China from any such penalties.
03:37Vladimir Putin has also confirmed his much-anticipated visit to India in December.
03:42With Neha Kumari,
03:44we are a report India Today.
03:49At the very same Valdai Security Forum,
03:52taking a sharp jibe at President Trump's paper tiger comment,
03:55Russian President Vladimir Putin suggested that NATO might be won.
04:00The remarks come days after Trump gave a statement
04:03where he said that Ukraine was capable enough
04:06to take back their land from Russia.
04:09But if we are fighting with the entire NATO bloc,
04:14advance at this rate and feel so confident,
04:17but given all these are paper tigers,
04:20then what is NATO in this case?
04:25While addressing a foreign policy forum in southern Russia,
04:29Russian President Vladimir Putin
04:30hit back at U.S. President Donald Trump
04:32for calling Russia a paper tiger,
04:35suggesting that NATO might be won.
04:38You're four years fighting a war that should have taken a week.
04:41Are you a paper tiger?
04:43While Putin took a swipe at NATO,
04:45history shows Russia once sought membership.
04:49Russia tried to join NATO in 1954,
04:51and President Putin himself
04:53was interested in joining the NATO alliance in 2000,
04:57which was later dismissed by then U.S. President Bill Clinton.
05:00Clinton, U.S. President Clinton, Moscow in the year 2000,
05:04when we spoke about that with him,
05:06and both times we were turned down,
05:10you know, straight away.
05:12I repeat, we were ready for joint work
05:15and non-linear steps in the global security and stability sphere,
05:19but our Western counterparts were not ready to rid themselves
05:22of the captivity of geopolitical and historical stereotypes
05:26in this simplistic world view.
05:28Meanwhile, Putin also warned of a strong response
05:32to Europe's growing militarization
05:34as tensions spike after the EU accused Russia
05:37of repeatedly violating NATO airspace.
05:41We are closely monitoring
05:44the escalating militarization of Europe.
05:47I think no one doubts that Russia's response
05:49will not be long in coming.
05:51The response of these threats will be,
05:53to put it mildly, very convincing.
05:55In the past three months,
06:00several European countries,
06:01such as Lithuania, Latvia, Denmark,
06:04Norway, Romania, Poland, Estonia, Germany, and France,
06:09have reportedly mysterious drone incursions,
06:12which they allege were Russian.
06:15However, when President Putin was asked
06:17about sending drones into European countries,
06:20he jokingly dismissed the claim.
06:24Vladimir, Vladimirovich,
06:26why do you send so many drones to Denmark?
06:29They feel uncomfortable.
06:31Please do not.
06:33I will not.
06:34I will not send any more drones,
06:37neither to France, nor to Denmark.
06:40Copenhagen.
06:41Where else do they fly to?
06:42Putin's remarks comes just days after Trump claimed
06:51that Kyiv, with support from the European Union,
06:54was strong enough to reclaim its territory from Russia.
06:57With Neha Kumari, Bureau Report, India Today.
07:00The U.S. government entered its third day of shutdown
07:05with no resolution in sight,
07:07as the Senate prepares for another vote on short-term funding.
07:11Amid the standoff,
07:12President Donald Trump has turned the crisis
07:14into an opportunity to target rivals.
07:17He said he will meet Budget Director Russ Watt
07:20to discuss temporary or permanent spending cuts,
07:23specifically aimed at what he called Democrat agencies.
07:26Trump has already frozen federal transit
07:29and green energy funding in Democratic-leaning states
07:32and has warned of more federal job cuts.
07:35The shutdown, triggered by a partisan clash in Congress,
07:39now risks becoming a tool for reshaping the federal workforce
07:43and punishing political opponents.
07:48FBI Director Cash Patel fired an agent in training
07:52for displaying a gay pride flag on his desk
07:55during a previous assignment.
07:56At a California field office.
07:59The firing comes less than a week
08:00since Patel fired over a dozen other FBI employees
08:04who took a knee while conducting crowd control
08:07in Washington, D.C.
08:09amid Black Lives Matter protests in 2020.
08:12This also comes at a time
08:13when U.S. President Donald Trump
08:15has repeatedly vowed to remove
08:17what he calls woke ideology
08:19from the federal government.
08:21The trainee, who had served as an FBI support specialist
08:24in Los Angeles, received a letter signed by Patel.
08:28The letter accused him of displaying an improper political message
08:32at the workplace while under President Joe Biden's administration.
08:39U.S. President Donald Trump's repeated mix-up
08:42between Armenia and Albania,
08:44along with other geographical gaps,
08:46became a subject of ridicule among leaders
08:49at the European political community meeting in Copenhagen this week.
08:53At the summit, the Albanian Prime Minister, Eddie Rama,
08:57could be overheard teasing French President Emmanuel Macron
09:00and Azerbaijan's President Ilham Aliyev.
09:03In response, Macron offered a sarcastic apology,
09:06saying,
09:06I'm sorry for that.
09:08Rama took a dig at Trump,
09:10who on repeated occasions
09:11has mixed up Armenia with Albania,
09:14while speaking about the peace deal
09:15he brokered with Azerbaijan.
09:17that President Trump,
09:18you should make an apology.
09:22Two plus.
09:24Because you didn't congratulate us
09:26for the peace deal
09:27that President Trump made
09:28between Albania and Venezuela.
09:30I am sorry for that.
09:32Yeah.
09:33And he worked very hard.
09:35He worked very hard.
09:36We had 500.
09:37You should make an apology.
09:40Two plus.
09:42Because you didn't congratulate us
09:45for the peace deal
09:46that President Trump made
09:47between Albania and Venezuela.
09:50Now, in a big setback for Pakistan,
09:52Afghanistan's Foreign Minister,
09:54Aamir Khan Mutaki,
09:55has chosen India,
09:56not Islamabad,
09:57for his first official visit
10:00since the Taliban takeover of Kabul.
10:03Mutaki is set to arrive in Delhi
10:04on the 10th of October.
10:06Just last month,
10:06there was talk of his visit to Pakistan.
10:09But instead,
10:10Mutaki is heading to India,
10:11marking the first visit
10:13by an Afghan foreign minister
10:14since the Taliban came to power.
10:16Despite not formally recognizing
10:18the regime,
10:19India has consistently supported
10:21Afghanistan in every crisis.
10:23After the recent Qunar earthquake,
10:25External Affairs Minister,
10:26Dr. Jayshankar,
10:27sent aid
10:27and spoke directly with Mutaki
10:29on the 1st of September.
10:31The two had earlier met
10:32in Dubai this January.
10:34So with Mutaki's visit,
10:35Kabul is sending a strong signal.
10:37Pakistan sidelined,
10:39India emerging as the key partner.
10:41At least nine people,
10:45including four police officers,
10:47were injured in an explosion
10:49near Peshawar's Banimara area.
10:51The injured personnel,
10:52ASI Shah Faisal,
10:53Constable Sajjad,
10:55Noor Ullah,
10:56and Driver Zia,
10:57were rushed to a nearby hospital
10:59with one officer reported
11:00in serious condition.
11:02Peshawar Capital City police officer,
11:04Dr. Mia Saeed,
11:05said the blast targeted
11:07a police patrol
11:08and is believed to have been caused
11:10by a device planted
11:11along their route.
11:12Five of the injured
11:13were civilians.
11:14Security forces quickly
11:15cordoned off the area
11:17while investigations
11:17continue to confirm
11:19whether the explosion
11:20was caused
11:20by an improvised
11:22explosive device.
11:23Staying with Pakistan,
11:31now it has become
11:32a no-investment zone.
11:34The latest consumer goods major,
11:36Procter & Gamble,
11:37has announced exit
11:39from Pakistan.
11:40The latest among
11:41a long list of multinationals
11:42who have left Pakistan.
11:44While Pakistan keeps selling its land,
11:47there are no takers
11:48for its business.
11:49We break down on Statecraft
11:51what this means for Pakistan
11:52and why it's happening
11:54in Pakistan.
12:08Pakistan is up for sale.
12:10The signs are everywhere.
12:12Procter & Gamble
12:13shutting its doors.
12:14Microsoft packing up.
12:16Shell selling out.
12:17And Uber, Kareem and Telenor
12:19rolling away from the wreckage.
12:22Multinationals aren't just
12:23exiting Pakistan.
12:24They're running.
12:25And they're doing it in droves.
12:27At the very same time,
12:28Pakistan is hawking its land
12:30like a desperate landlord,
12:32handing over Gwadar Port
12:33to China under the
12:34seapicked Pagay
12:35and dangling
12:36Balochistan's mineral wealth
12:37in front of Donald Trump
12:38like bait.
12:40Pakistan can sell its land.
12:42It can lease its ports.
12:43It can pawn its natural resources.
12:45But it cannot sell itself
12:47as a credible market
12:49for investment.
12:50So the question is,
12:51if Pakistan is for sale
12:53but nobody's buying
12:54its economy,
12:55only its soil,
12:57what does that say
12:58about the future
12:59of this troubled nation?
13:00And what does it mean
13:01when Trump emerges
13:03as the biggest land grabber
13:05of all?
13:06Hello and welcome.
13:07You're watching Statecraft
13:07with me, Geeta Mohan.
13:08The context could not be clearer.
13:19Multinationals
13:20are fleeing Pakistan
13:21at a rate
13:22that even seasoned analysts
13:24call unprecedented.
13:26P&G's exit
13:27after more than three decades
13:28is not an isolated story.
13:31It is the headline
13:32in a saga of disinvestment
13:33and disillusion.
13:35Microsoft shut down
13:37after 25 years.
13:39Shell sold its controlling stake.
13:41Telenor walked away.
13:43Uber and Kareem said goodbye.
13:45Pharmaceutical giants
13:46Pfizer,
13:47Bayer,
13:48Elly Lily,
13:49Sanofi,
13:49Viatris
13:50all withdrew,
13:52strangled by policy confusion
13:53and foreign exchange chaos.
13:56Yamaha stopped production.
13:58Total energies pulled out.
14:01Each departure chips away
14:03at jobs,
14:04technology transfer
14:05and confidence.
14:07Each retreat sends a signal.
14:09Pakistan is not worth the trouble.
14:12And yet,
14:12in the middle of all this collapse,
14:14Pakistan waves contracts
14:16in front of Beijing
14:17and Washington,
14:18selling Balochistan's minerals
14:20and leasing out its coastline.
14:22When global giants
14:25from tech to transport,
14:26energy to healthcare
14:27line up for the exit door,
14:29the message is deafening.
14:31Pakistan is not a market.
14:33It is a minefield.
14:36Why are they leaving?
14:38The reasons are as chronic
14:39as they are obvious.
14:41Political instability,
14:43where every government change
14:44rewrites the rule book.
14:46Currency controls
14:47that trap profits,
14:49leaving multinationals
14:50stuck with rupees
14:51that depreciate by the hour.
14:54Tax regimes so complex,
14:5630 different corporate taxes,
14:58each a maze of bureaucracy,
15:00that investors give up
15:01before they start.
15:03Energy crises,
15:05power shortages,
15:06costly fuel
15:06and infrastructure decay,
15:09security risks,
15:10terrorism,
15:11bureaucratic red tape.
15:14And the nail in the coffin?
15:16Shrinking consumer demand,
15:18inflation,
15:18unemployment,
15:19poverty,
15:2042% below the poverty line,
15:23have turned Pakistan
15:24into a market
15:25that simply cannot consume.
15:28What company wants to stay
15:29in a country
15:30where its consumers
15:31can no longer afford
15:32soap or motorcycles?
15:35And yet,
15:35as multinationals flee,
15:37Pakistan sells.
15:39The China-Pakistan
15:40economic corridor
15:41was supposed to be
15:42a golden ticket.
15:44Instead,
15:44it turned into a mortgage.
15:47Enter Trump.
15:48In 2025,
15:50Pakistan quartered
15:51Donald Trump
15:51with samples
15:52of rare-earth minerals
15:53from Balochistan,
15:55copper,
15:56antimony,
15:56tungsten,
15:57rare-earths,
15:59strategic treasures
16:00in a world
16:00desperate for supply chains
16:02free of China.
16:03A $500 million memorandum
16:06signed between Pakistan's
16:07military-controlled
16:08Frontier Works Organization
16:10and Missouri-based
16:12U.S.
16:12strategic metals.
16:14A deal to refine minerals,
16:16to grant access,
16:17to open the gates
16:18of Balochistan
16:19to American business.
16:22Trump did not walk
16:23into Balochistan
16:23with an army.
16:24He walked in
16:25with a pen
16:26and Pakistan handed him
16:28the keys.
16:28In the battle
16:30for Pakistan's soil,
16:31Trump has now
16:32outplayed China,
16:34transforming himself
16:35into the biggest
16:36land grabber
16:37of them all.
16:38What does this say?
16:39That Pakistan's government
16:41cannot sell the country
16:43as a market,
16:44a producer,
16:45a manufacturer.
16:46But it can sell it
16:47as land.
16:49But for Pakistan itself,
16:51it is humiliation
16:51as well.
16:53Trump has not just
16:54become a buyer,
16:55he has become
16:56the landlord,
16:57the new custodian
16:58of Pakistan's
16:59last bargaining chip,
17:01its soil.
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