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India, China and Brazil facing ‘consequences’ for Russia trade ties – NATO chief | India, China and Brazil facing ‘consequences’ for Russia trade ties – NATO chief |
(30 minutes later) | |
Mark Rutte has warned the BRICS nations of “massive” economic repercussions if they continue to do business with Moscow | |
NATO Secretary General Mark Rutte has warned India, China and Brazil of “consequences” if they continue to do business with Russia. | |
Rutte’s comment came after a meeting with US Senators on Tuesday, following President Donald Trump’s announcement on providing new military aid for Ukraine and a threat to impose 100% secondary tariffs on purchasers of Russian exports, unless a peace agreement is reached within 50 days. | |
“My encouragement to these three countries, particularly is, if you live now in Beijing, or in Delhi, or you are the President of Brazil, you might want to take a look into this, because this might hit you very hard,” Rutte told reporters. | |
“So I urge you to make a phone call to Vladimir Putin and convey to him that he needs to get serious about peace talks, because if not, the consequences will have a massive impact on Brazil, India, and China,” he added. | “So I urge you to make a phone call to Vladimir Putin and convey to him that he needs to get serious about peace talks, because if not, the consequences will have a massive impact on Brazil, India, and China,” he added. |
Since 2022, India and China have significantly increased their oil purchases from Russia. In May, New Delhi emerged as the second-largest buyer of Russian fossil fuels, with estimated purchases totaling $4.9 billion, of which crude constituted about 72% of the total value, according to the Centre for Research on Energy and Clean Air. | Since 2022, India and China have significantly increased their oil purchases from Russia. In May, New Delhi emerged as the second-largest buyer of Russian fossil fuels, with estimated purchases totaling $4.9 billion, of which crude constituted about 72% of the total value, according to the Centre for Research on Energy and Clean Air. |
The US and India are engaged in negotiations for a trade agreement and are racing to meet an August 1 deadline set by Trump, in order to avoid reciprocal tariffs. | The US and India are engaged in negotiations for a trade agreement and are racing to meet an August 1 deadline set by Trump, in order to avoid reciprocal tariffs. |
Rutte’s warning echoes US Senator Lindsey Graham, who in June said that he was working on a sanctions bill that he called an “economic bunker buster,” aimed at the three countries. | |
❗️NATO Chief Threatens BRICS Nations: If You're India, Brazil or China... Call Putin or Face 100% Secondary Sanctions - RutteNATO Secretary General Mark Rutte has warned those "living in Delhi" that they will get hit very hard if Russia isn't "serious about peace in 50 days."… pic.twitter.com/w92BsnUXmZ | ❗️NATO Chief Threatens BRICS Nations: If You're India, Brazil or China... Call Putin or Face 100% Secondary Sanctions - RutteNATO Secretary General Mark Rutte has warned those "living in Delhi" that they will get hit very hard if Russia isn't "serious about peace in 50 days."… pic.twitter.com/w92BsnUXmZ |
Indian diplomats and officials have spoken with the Republican senator who sponsored the bill, which has Trump’s backing. | Indian diplomats and officials have spoken with the Republican senator who sponsored the bill, which has Trump’s backing. |
Since he began his second term in January, Trump has issued direct threats to BRICS and imposed new duties on countries perceived to be aligned with the bloc. | Since he began his second term in January, Trump has issued direct threats to BRICS and imposed new duties on countries perceived to be aligned with the bloc. |
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