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Reuters
Reuters
Business

India's Modi calls for diplomacy to end Russia-Ukraine conflict

President of the United States of America Joe Biden listens to the outlook of Prime Minister of India Narendra Damodardas Modi during the G20 Summit opening session, in Nusa Dua, Bali, Indonesia, November 15, 2022. ADITYA PRADANA PUTRA/G20 Media Center/Handout via REUTERS

India Prime Minister Narendra Modi on Tuesday urged a return to diplomacy to end the Russia-Ukraine war, reiterating the South Asian nation's call for peace in the ongoing conflict.

India has not condemned Moscow's invasion of Ukraine, but Modi told Russian President Vladimir Putin in September that "today's era is not an era of war".

"I have repeatedly said that we have to find a way to return to the path of ceasefire and diplomacy in Ukraine," Modi said in his opening remarks at the Group of 20 (G20) summit in Bali, Indonesia.

India Prime Minister Narendra Modi speaks during the G20 leaders summit in Nusa Dua, Bali, Indonesia, Tuesday, Nov. 15, 2022. Dita Alangkara/Pool via REUTERS

"The need of the hour is to show concrete and collective resolve to ensure peace, harmony and security in the world."

The summit marks the first time G20 leaders are meeting since Russia's February invasion of Ukraine, which Moscow describes as a "special military operation".

Russia has been India's biggest supplier of military equipment for decades and it is the fourth-biggest market for Indian pharmaceutical products.

French President Emmanuel Macron, left, greets India Prime Minister Narendra Modi during the G20 Summit in Bali, Indonesia, Tuesday Nov. 15, 2022. Dita Alangkara/Pool via REUTERS

India has become Russia's largest oil customer after China, as its refiners snap up discounted cargoes of crude oil shunned by Western buyers.

Indian officials have said domestic refiners will continue to buy Russian oil at a discount - despite the efforts of the United States and Western allies to impose a price cap on Russian oil exports - because this benefits India's economy.

There should be no restrictions on energy supplies and stability in the energy market should be ensured, Modi said.

India's Prime Minister Narendra Modi (L), India's Foreign Minister Subrahmanyam Jaishankar and Netherlands' Prime Minister Mark Rutte chat at the opening of the G20 Summit in Nusa Dua on the Indonesian resort island of Bali on November 15, 2022. BAY ISMOYO/Pool via REUTERS

"India's energy security is also important for global growth," said Modi, according to a statement released by the Indian foreign ministry.

"Today's fertilizer shortage is tomorrow's food crisis, for which the world will not have a solution. We should make a mutual agreement to keep the supply chain of both fertilizers and food grains stable and assured," Modi also said.

Indian Prime Minister Narendra Modi arrive for the G20 Leaders' Summit in Bali, Indonesia, 15 November 2022. The 17th Group of Twenty (G20) Heads of State and Government Summit runs from 15 to 16 November 2022. MAST IRHAM/Pool via REUTERS

(Reporting by Sudipto Ganguly and Shilpa Jamkhandikar in Mumbai; Editing by Himani Sarkar and Tom Hogue)

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