Russia's Lavrov hopes to bypass sanctions in trade with "friend" India

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Reuters
April 1, 2022 9:27 AM EDT
Last Updated 40 min ago
By Krishna N. Das

NEW DELHI, April 1 (Reuters) - Russia will increase its use of non-Western currencies for trade with countries such as India, its foreign minister said on Friday, as he hailed New Delhi as a friend that was not taking a "one-sided view" on the Ukraine war.

Sergei Lavrov visited India to shore up support from a country Russia has long regarded as an ally a day after U.S. and British officials pressed India to avoid undermining the dollar-based financial system and sanctions imposed on Russia for its invasion of Ukraine on Feb. 24.

India and China are the only major countries that have not condemned what Russia calls its "special military operation". After Lavrov visited China this week, Beijing said it was "more determined" to develop ties with Russia. read more

"We are friends," Lavrov told a news conference after meeting his Indian counterpart, Subrahmanyam Jaishankar, adding India saw the Ukraine crisis in the "entirety of facts and not just in a one-sided way".

More here
https://www.reuters.com/world/russias-lavrov-lobbies-india-after-western-emissaries-make-case-sanctions-2022-04-01/

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1. India is 2nd biggest importer of energy in world

and Russia has the energy resource India needs for its growing economy.

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2. That is their reason now. India & Russia are long time allies

And that started before India was a developing economy.