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The Economic Times
The Economic Times
National

US' Russia sanction waiver a relief for India's exporters, energy security: Experts

New Delhi: US President Donald Trump's waiver of sanctions, restrictions and tariffs under the Sanctioning Russia and Iran Act (SRIA) is a relief for India's energy security and exporters, as continued access to competitively priced Russian crude will help moderate input costs, ease inflationary pressures and support economic growth, experts said.

They said the decision is a much-needed boost for Indian industry and will further strengthen bilateral trade relations.

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