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The Economic Times

National

Trump waives Russia sanctions, easing India’s energy concerns as US trade deal nears

Donald Trump India Marco Rubio United States International Trade Sanctions Russia Oil Tariffs New Delhi

New Delhi: US President Donald Trump's waiver of Russian sanctions eases energy concerns for India, one of the top importers of Russian oil, and may improve the chances of New Delhi and Washington agreeing on a trade deal, besides helping overall ties.

An executive order issued by Trump on Friday waived key Russia-related US sanctions and tariffs - including duties on the country's goods and penalties for buying its oil and gas - that had been scheduled to start this week under the legislation known as the Graham Act.

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