Sanctions can have unintended consequences in interconnected world: FM Sitharaman
Zee News
Nirmala Sitharaman said India's stand on the Russia-Ukraine war is with the view to safeguard its economic and security interest.
New Delhi: Finance Minister Nirmala Sitharaman has said that in an interconnected world, sanctions can have unintended consequences, and India is trying to work through them. Economic sanctions imposed on Russia by the US and European Union following the invasion of Ukraine in February this year have led to a fall in bilateral trade with Moscow. The ongoing war also fuelled energy prices and a shortage of foodgrains.
Speaking at Stanford University, she said India's stand on the Russia-Ukraine war is with the view to safeguard its economic and security interest.
FM Smt. @nsitharaman engages in a fireside chat organised by @StanfordMed and attended by students and faculty from across the University, including from @SIEPR, @HooverInst, @StanfordCIGH, @SUBiodesign, and @sipec_stanford.@Stanford
Watch
https://t.co/YVxDv7HG3s
