Moscow, Aug 5 (PTI): Russia on Tuesday said sovereign countries have the right to select their partners in trade and economic cooperation based on their interests, a day after President Donald Trump threatened to "substantially" raise US tariffs on India for buying Russian oil.
"We believe that sovereign countries must have and do have the right to choose their trade partners, the partners in trade and economic cooperation, on their own and independently determine those modes of trade and economic cooperation that suit the interests of a country in question," Kremlin Spokesman Dmitry Peskov told journalists, commenting on the US’ threats regarding India.
President Trump on Monday said he will "substantially" raise US tariffs on India, accusing it of buying massive amounts of Russian oil and selling it for big profits.
Hours later, India mounted an unusually sharp counterattack on the US and the European Union for their "unjustified and unreasonable" targeting of New Delhi for its procurement of Russian crude oil.
Firmly rejecting the criticism, India pointed out the double standards in targeting it on the issue and said both the US and the EU are continuing their trade relations with Russia.
"Unlike our case, such trade is not even a vital national compulsion," the Ministry of External Affairs (MEA) said in a statement.
The Europe-Russia trade includes not just energy, but also fertilizers, mining products, chemicals, iron and steel, and machinery and transport equipment, the MEA said.
"Where the US is concerned, it continues to import from Russia uranium hexafluoride for its nuclear industry, palladium for its EV industry, fertilizers as well as chemicals," it added.
"In this background, the targeting of India is unjustified and unreasonable. Like any major economy, India will take all necessary measures to safeguard its national interests and economic security," the MEA said.
On Monday, Russian Foreign Ministry Spokesperson Maria Zakahrova accused the US administration of continuing a neocolonial policy against the nations of the Global South to maintain American hegemony.
“Sanctions and restrictions are a regrettable reality of today's historical stage, which affects the entire world," Zakaharova said in a statement.
"Washington cannot come to terms with the loss of hegemony in the emerging multipolar world order and continues to pursue a neocolonial policy in an attempt to maintain its position, using politicised levers of economic pressure against those who refuse to follow in its wake in the international arena,” she added.
Trump had earlier announced a 25 per cent tariffs on imports of Indian goods along with an unspecified "penalty" for buying "vast majority" of Russian military equipment and crude oil.
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Mumbai (PTI): Thousands of followers of Dr Babasaheb Ambedkar converged at his memorial in Mumbai's Dadar area on Saturday to pay tributes to the social reformer on his death anniversary, observed as 'Mahaparinirvan Din'.
Maharashtra Governor Acharya Devvrat, Chief Minister Devendra Fadnavis, Deputy Chief Minister Eknath Shinde and Shiv Sena (UBT) leader Uddhav Thackeray were among those who paid tributes to Ambedkar at 'Chaityabhoomi' in Shivaji Park.
The Governor said Ambedkar gave the country a Constitution which ensured equal rights to all people.
Speaking at a tribute event organised at 'Chaityabhoomi' on the occasion of the 69th Mahaparinirvan Din of Dr Ambedkar, Devvrat said great personalities strengthen movements of social justice and live forever through their thoughts and work.
"Despite adversities, Babasaheb believed education to be the most powerful weapon to change the future of a family, society and a country. The Constitution united people from different communities and ensured equal rights to all," he said.
Chief Minister Devendra Fadnavis said Ambedkar laid the foundation for the nation's progress and due to his far-sighted vision, India has emerged as the world's fourth largest economy and is poised to reach the third rank soon.
Fadnavis underlined Ambedkar's role in India's energy security, stating that the adoption of a national power grid concept enabled the country's path toward energy self-reliance.
"The Constitution ensured a strong democratic base and safeguarded the rights of common citizens," he said, adding the state government is committed to completing developmental works at the 'Chaityabhoomi' memorial.
Deputy Chief Minister Eknath Shinde said Ambedkar's struggle was for establishing equality, liberty, justice and fraternity.
"The guiding principle of "Educate, Organise and Agitate" continues to inspire social transformation," he said.
The Governor, Chief Minister and Deputy Chief Minister, along with several ministers, MPs, MLAs and dignitaries, paid floral tributes at the memorial. Dignitaries also visited a photo exhibition organised by the BMC.
A helicopter showered flower petals over 'Chaityabhoomi' and copies of the Constitution were presented to the attendees.
Every year, thousands of people from across the state converge at 'Chaityabhoomi' on December 6. Ambedkar died on this day in 1956.
The Brihanmumbai Municipal Corporation (BMC) has set up temporary sheds, mobile toilets, drinking water and medical stalls at the Shivaji Park, in view of the huge rush of Ambedkar's followers.
In a post on X, Prime Minister Narendra Modi recalled Ambedkar’s ‘visionary’ leadership.
“Remembering Dr. Babasaheb Ambedkar on Mahaparinirvan Diwas. His visionary leadership and unwavering commitment to justice, equality and constitutionalism continue to guide our national journey. He inspired generations to uphold human dignity and strengthen democratic values.
“May his ideals keep lighting our path as we work towards building a Viksit Bharat,” Modi said in his message.
