India's covert role: Russia's plan to bypass Western sanctions
In Russia, a desperate search for allies in the fight against Ukraine is ongoing. The Kremlin wanted India to help in the conflict. Russian arms factories were supposed to be established as part of a pretended trade cooperation. This way, Moscow tried to bypass the sanctions imposed on it by the West.
Russia is having difficulties acquiring the weapons and ammunition necessary to fight Ukraine. The regime in Moscow has already engaged all its allies. It is known that the governments of North Korea, Belarus, Iran, and China support the Russian army.
India was supposed to be added to this list. The Kremlin wanted to use Indians to bypass the sanctions imposed on Russia by Western countries. The planned scheme was revealed by the "Financial Times".
According to journalists from the British newspaper, the Russians were supposed to use financial reserves to buy components from India necessary for building weapons. Payments were to be made in Indian rupees to liquidate the currency and circumvent some European sanctions.
The closed payment system between India and Russia would not be subject to Western control. It would allow the purchase of "telecommunication equipment, server equipment, and other complex electronic equipment" previously purchased, among other things, from European Union countries. The total value of the transactions is about $1.6 billion CAD.
Russian factories in India? intelligence involved
Journalists from the "Financial Times" report that the Indian company Innovio Ventures was supposed to earn as much as $6.5 billion CAD from transactions with the Russians. This included the production of components for combat drones.
However, that is not all. As part of the cooperation, factories were supposed to be established in India and managed by Russians. Russian intelligence officers were also involved.
Additionally, India is currently the largest recipient of Russian crude oil. However, It is unknown whether the plan revealed in the Russian correspondences by "Financial Times" journalists came to fruition.
Officially, Moscow is untouchable for the billions of rupees it has accumulated through international cooperation. This is a huge problem for Vladimir Putin, who cannot reach an agreement with the government in New Delhi.
