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EAM S Jaishankar met Iowa Governor Kim Reynolds in New Delhi and discussed ways to boost India–US economic cooperation.
Jaishankar meets Iowa Governor Kim Reynolds (@DrSJaishankar/X)
External Affairs Minister S Jaishankar on Monday met Iowa Governor Kim Reynolds in New Delhi and held discussions on the potential of India–US ties and economic cooperation.
Sharing pictures from the meeting on X, Jaishankar mentioned that the interaction focused on strengthening bilateral economic ties.
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“Discussed India-US economic ties and its potential,” the External Affairs Minister wrote.
The visit comes at a time when the United States has imposed a 50 per cent tariff on India, which includes a 25 per cent as ‘penalty’ for buying crude oil from Russia, as US President Donald Trump accused India of funding the Ukraine war.
On Friday, Union Finance Minister Nirmala Sitharaman said that India will continue purchasing Russian oil, stressing that decisions will be guided solely by national interest.
“Whether it is Russian oil or anything else, we will take a call based on what suits our needs in terms of rates, logistics or whatever. Where we buy our oil from, especially it being a big-ticket foreign exchange-related item, is a call we will take based on what suits us best. So, we will undoubtedly be buying Russian oil,” she said in an interview with News18.
The Union Minister reiterated that the contribution of crude oil to India’s import bill is the highest.
The minister’s statement has come at a time when the President of the United States, Donald Trump, has accused India of buying Russian oil and funding the Ukraine war, and has imposed a 50 per cent import tariff, effective from August 27.
About the Author
Vani Mehrotra is the Deputy News Editor at News18.com. She has nearly 10 years of experience in both national and international news and has previously worked on multiple desks.
Vani Mehrotra is the Deputy News Editor at News18.com. She has nearly 10 years of experience in both national and international news and has previously worked on multiple desks.
September 08, 2025, 12:48 IST
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