Russia's Big Warning to India..!? FATF blacklist..!!

Russia has threatened to cancel defense and energy deals with other countries, including india, if it does not help avoid being placed on the FATF's blacklist. An example of the best friendship between any two countries in the world is the friendship between india and Russia. When the war in ukraine broke out last year, more than half of the world's countries turned against russia, but its relations with india were not affected. But now it seems that there has been a crack in this friendship. The West is trying to completely isolate russia economically by adding it to the financial action task force (FATF) 'blacklist'. In this regard, russia has sought help from allies including india in a 'threatening tone'. According to a Bloomberg report, russia has threatened to cancel defense and energy deals with other countries, including india, if it does not help avoid being placed on the FATF sanctions list.
The FATF suspended russia from membership in February. ukraine, on the other hand, is pushing for more economic sanctions against Russia. Currently, there is no response from india and russia regarding this report, but Russia's threat will be a threat to India. If there is a rift in the relationship between the two countries, it will affect many projects.If russia joins the FATF blacklist, other countries will face problems in implementing financial transactions and projects with those countries. Cooperation between the oil company Rosneft and Naira Energy Limited will be affected. Exports of Russian arms and military equipment to india and technical cooperation in the defense sector may also suffer. A deal between Russian Railways' Logistics Container Corporation of india on technology and energy, cooperation, and freight services linked to the development of the North-South Trade Corridor at the Kudankulam Nuclear Power Plant in india may also be affected. Because of the war in ukraine, the united states and its allies have made russia the most sanctioned country in the world. The West is pressuring russia to back down through economic sanctions. But moscow has largely mitigated the impact on its economy by strengthening ties with countries such as india and China. However, if russia joins the FATF blacklist, it will be bad for india to ignore it.

మరింత సమాచారం తెలుసుకోండి:

russia biggest warning

Sowmiya Sriram

25/05/2023 01:16 PM