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HUGE BREAKING 🚨 EAM S Jaishankar says India is concerned after American action in Venezuela. "Yes, we are concerned at developments in Venezuela" "It is a country with which we have had very good relations" "We would urge all parties to come to a position that is in the...

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#WATCH | Delhi: At the joint press conference with US Secretary of State Marco Rubio, EAM Dr S Jaishankar says, "India would be one of the very few countries who has very good relations, very strong relations with the United States, with Israel, with Iran, and with the Gulf countries. So we have real interest there. For us, the challenge in this situation is how to maintain all these relationships, how to protect our equities, how to advance our interests. We don't look at it as a zero-sum game. We have to manage and take care of all these accounts. I would say there are some general principles by which we would approach this region. Obviously, we want peace and stability in the region. For us, the welfare, the well-being of the diaspora is crucial. We want to see energy prices go down because we are a very big importer of energy, and much of it comes from that region. As I stated in my remarks, we are very much in favour of safe and unimpeded maritime commerce through the region. What we want to see is really the markets open up there. We don't want to see constraints. So these would be the principles with which we would approach that region and in a way, I think we will find increasingly in the world that there will be conflicts or difficult situations where India, because our interests are growing, we have relationships with all the parties involved, and we are seeing this in the Ukraine conflict as well, where we have very strong relations with Russia, Europe, Ukraine as well, we have it with the United States and then the question is how do you manage all of them. So in that sense, yes, it is multi-alignment because today's India has that range of interests which require us to manage multiple accounts."

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#WATCH | On situation in Venezuela, US Secretary of State Marco Rubio says, "...Three-fold process in Venezuela. Step 1 is the stabilisation of the country; we don't want it descending into chaos. Part of that stabilisation, and the reason why we understand and believe that we have the strongest leverage possible is our quarantine. Two more ships were seized today. We are in the midst right now and about to execute on a deal to take all the oil - they have oil that is stuck in Venezuela. They can't move it because of our quarantine and because it's sanctioned. We are going to take bwteen 30 and 50 million barrels of oil. We are going to sell it in the market place at market rates, not at the discounts Venezuela was getting. That money will then be handled in such a way that we will control how it is dispersed in a way that benefits the Venezuelan people...The second phase will be a phase of what we call recovery - ensuring that American, western and other companies have access to the Venezuelan market oil that is fair, also at the same time, we begin to create the process of reconciliation nationally within Venezuela so that the Opposition forces can be released from prisons or brought back to the country, and we begin to rebuild civil society. The third phase will be one of transition. Some of these will overlap, I have described this to them in great detail. We will have more detail in the days to follow but we feel like we are moving forward here in a very positive way." (Video Source: Reuters)

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