Rutt had warned India, China and Brazil that they could be hit hard by secondary sanctions if they continue to do business with Russia. The NATO chief’s remarks coincided with Trump’s warning to Russia of major significant trade restrictions if it does not reach a peace deal with Ukraine within 50 days. India, China and Brazil are members of the BRICS and Trump has been critical of the grouping as well. On the proposed trade deal between India and the US, Jaiswal said negotiations between the two sides are underway. On India’s negotiations with the European Union for the long-pending free trade pact, Jaiswal said talks are “progressing very well”.

Source: bd News24 July 17, 2025 16:17 UTC