New Delhi:
“Our goal is to vigorously promote global economic integration while creating greater redundancies in our supply chain to mitigate concentration risks. We also want to diversify away from risky countries like Russia that seek to weaponise trade integration to advance their geopolitical aims. We call this strategy ‘friendshoring’,” Yellen said.
Putin weaponised supply of natural gas, says Yellen
New Delhi: US treasury secretary Janet Yellen’s statement on “friendshoring” came at a time when India has been attacked for purchasing oil from Russia, although New Delhi has hit back at the critics from the developed world. But it was seen as an attempt to get India to detach from Moscow.
This story is from the November 12, 2022 edition of The Times of India Hyderabad.
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This story is from the November 12, 2022 edition of The Times of India Hyderabad.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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