India has become the second largest supplier of critical sanctioned goods to Russia. Bloomberg reports this referring to US and European officials.
Indian exports of dual-use goods such as microchips, circuits and machine tools surpassed $60 million in April and May (about double the previous months of 2024) and rose to $95 million in July, the report said. officials on condition of anonymity. Only China is ahead of India.
According to the latest data, almost a fifth of sensitive technologies entering the Russian military-industrial complex arrived through India, officials say.
“The latest data highlights the difficulties the United States and its allies have faced in limiting Russia’s ability to fight in Ukraine… Exporting most of these dual-use products directly to Russia is prohibited, so the country has resorted to buy them from third countries. – sometimes from unsuspecting subsidiaries of Western companies or networks of intermediaries”, — informs the agency.
It is worth noting that India’s role as a transit point has made it the focus of EU and US sanctions agencies in recent months. Officials from these countries have visited India several times in an attempt to pressure authorities to crack down on supplies, and several Indian companies have been subject to Western sanctions.
But what’s even more frustrating for Ukraine’s allies, some officials say, is that envoys who raise the issue receive “no particular response” from their Indian counterparts.
The problem, as noted, has another side: US and EU politicians want to develop partnerships with the Prime Minister’s government. Narendra Modiwhile developing connections with Vladimir Putin. India has also become the largest buyer of Russian oil, despite efforts by allies to curb sales.
