Zürcher Nachrichten - Ukraine on agenda as Indian PM Modi heads to Europe

EUR -
AED 3.873085
AFN 71.98403
ALL 98.091865
AMD 410.865926
ANG 1.906142
AOA 961.670233
ARS 1051.538092
AUD 1.632295
AWG 1.89276
AZN 1.796773
BAM 1.955638
BBD 2.135523
BDT 126.389518
BGN 1.958718
BHD 0.396967
BIF 3123.440963
BMD 1.054463
BND 1.417882
BOB 7.308394
BRL 6.112667
BSD 1.057612
BTN 88.859931
BWP 14.458801
BYN 3.461213
BYR 20667.465977
BZD 2.131923
CAD 1.486845
CDF 3021.035587
CHF 0.936297
CLF 0.037463
CLP 1028.384713
CNY 7.626405
CNH 7.630566
COP 4744.106555
CRC 538.255361
CUC 1.054463
CUP 27.943258
CVE 110.255856
CZK 25.271148
DJF 188.334381
DKK 7.463529
DOP 63.724715
DZD 140.438353
EGP 51.981689
ERN 15.816938
ETB 128.080678
FJD 2.399904
FKP 0.832305
GBP 0.835681
GEL 2.883997
GGP 0.832305
GHS 16.895599
GIP 0.832305
GMD 74.867216
GNF 9114.244125
GTQ 8.168323
GYD 221.171657
HKD 8.209133
HNL 26.709785
HRK 7.521754
HTG 139.038469
HUF 408.314303
IDR 16764.161957
ILS 3.948029
IMP 0.832305
INR 89.078624
IQD 1385.485097
IRR 44384.968904
ISK 145.147177
JEP 0.832305
JMD 167.96607
JOD 0.747724
JPY 162.746281
KES 136.968641
KGS 91.215016
KHR 4272.645655
KMF 491.985906
KPW 949.015895
KRW 1471.950676
KWD 0.32429
KYD 0.881427
KZT 525.596411
LAK 23240.072622
LBP 94711.445261
LKR 308.984375
LRD 194.603861
LSL 19.241504
LTL 3.113554
LVL 0.637834
LYD 5.165572
MAD 10.544126
MDL 19.217406
MGA 4919.592002
MKD 61.604891
MMK 3424.85323
MNT 3583.063688
MOP 8.480797
MRU 42.220499
MUR 49.781576
MVR 16.291845
MWK 1833.947905
MXN 21.463322
MYR 4.713979
MZN 67.384089
NAD 19.241504
NGN 1756.545202
NIO 38.916773
NOK 11.69185
NPR 142.176209
NZD 1.797139
OMR 0.405466
PAB 1.057612
PEN 4.015067
PGK 4.252647
PHP 61.930171
PKR 293.652946
PLN 4.319842
PYG 8252.315608
QAR 3.85558
RON 4.982551
RSD 116.987298
RUB 105.311966
RWF 1452.579533
SAR 3.960703
SBD 8.847383
SCR 14.594154
SDG 634.2631
SEK 11.576538
SGD 1.416885
SHP 0.832305
SLE 23.83472
SLL 22111.557433
SOS 604.449871
SRD 37.238876
STD 21825.245831
SVC 9.254233
SYP 2649.368641
SZL 19.234405
THB 36.739624
TJS 11.274465
TMT 3.701164
TND 3.336823
TOP 2.469661
TRY 36.323111
TTD 7.181404
TWD 34.245573
TZS 2813.266686
UAH 43.686277
UGX 3881.678079
USD 1.054463
UYU 45.386236
UZS 13537.877258
VES 48.222799
VND 26772.804141
VUV 125.187913
WST 2.943628
XAF 655.902604
XAG 0.034867
XAU 0.000411
XCD 2.849738
XDR 0.796734
XOF 655.902604
XPF 119.331742
YER 263.483869
ZAR 19.17963
ZMK 9491.432086
ZMW 29.037592
ZWL 339.536511
  • RBGPF

    61.8400

    61.84

    +100%

  • BCC

    -0.2600

    140.09

    -0.19%

  • SCS

    -0.0400

    13.23

    -0.3%

  • BTI

    0.9000

    36.39

    +2.47%

  • RELX

    -1.5000

    44.45

    -3.37%

  • NGG

    0.3800

    62.75

    +0.61%

  • RIO

    0.5500

    60.98

    +0.9%

  • CMSC

    0.0200

    24.57

    +0.08%

  • GSK

    -0.6509

    33.35

    -1.95%

  • BCE

    -0.0200

    26.82

    -0.07%

  • CMSD

    0.0822

    24.44

    +0.34%

  • JRI

    0.0235

    13.1

    +0.18%

  • VOD

    0.0900

    8.77

    +1.03%

  • AZN

    -1.8100

    63.23

    -2.86%

  • RYCEF

    0.0400

    6.82

    +0.59%

  • BP

    -0.0700

    28.98

    -0.24%

Ukraine on agenda as Indian PM Modi heads to Europe
Ukraine on agenda as Indian PM Modi heads to Europe / Photo: Prakash SINGH - AFP

Ukraine on agenda as Indian PM Modi heads to Europe

Indian Prime Minister Narendra Modi headed to Europe on Monday with New Delhi's refusal to condemn Russia's invasion of Ukraine set to be a key talking point in meetings with regional leaders.

Text size:

India, which imports much of its military hardware from Russia, has long walked a diplomatic tightrope between the West and Moscow, and has called only for an immediate end to hostilities.

"My visit to Europe comes at a time when the region faces many challenges and choices," Modi said in a statement released before his departure for Germany, Denmark and France.

The premier intended to "strengthen the spirit of cooperation" with European partners "who are important companions in India's quest for peace and prosperity", the statement added.

Modi was due to hold talks with German Chancellor Olaf Scholz in Berlin on Monday before heading to Copenhagen to join the prime ministers of Denmark, Iceland, Finland, Sweden and Norway at a two-day India-Nordic Summit from May 3.

He will then make a brief stopover in France to see President Emmanuel Macron to "share assessments on various regional and global issues and will take stock of ongoing bilateral cooperation", the Indian statement said.

Germany's Scholz was quoted by the Indian Express daily on Monday as saying the "attack on Ukraine by Russia is on the top of the agenda" in the discussions with Modi.

"The brutality of the Russian attack is shocking and appalling. Those responsible must be held accountable. I am confident that there is broad agreement between our countries on this," the newspaper quoted Scholz as saying in an interview.

Scholz plans to invite Modi as a special guest to a Group of Seven (G7) leaders' summit next month as part of an effort to forge a broader alliance against Russia, Bloomberg News reported Sunday.

Quoting unnamed sources, the report said Scholz was concerned over Modi's refusal to condemn Russia and India's increased fossil fuel imports from there, and was undecided on the invite until weeks ago.

India has significantly increased imports of Russian oil from March onwards, but has bristled at criticism of the move, saying Europe's consumption of Russian energy commodities remains far higher.

- Rising Indian oil imports -

In a media briefing on Sunday, Indian Foreign Secretary Vinay Kwatra said European countries "not only understand but also have deep appreciation" of India's position on the conflict.

The principal focus of the visits and discussions is to strengthen bilateral partnership across a range of areas including trade, energy and sustainable development, Kwatra said.

With Russia reeling under Western sanctions, some 50 Indian food, ceramics and chemicals exporters will head to Moscow later this month after enquiries from Russian firms, the Times of India newspaper reported on Monday.

"Trade and financial sanctions imposed on Russia... have opened up numerous avenues for Indian businesses across various sectors," the newspaper quoted Vivek Agarwal from lobby group the Trade Promotion Council of India, which is organising the trip, as saying.

"Indian companies too are excited to tap the huge potential available for Indian products in Russia," he told the newspaper.

The daily quoted unnamed government officials as suggesting that shipments would only start once the war in Ukraine ends.

M.J.Baumann--NZN