New Delhi, Nov. 1 -- India should halt sanctioned oil imports, seek tariff rollback, and resume trade talks only on fair terms with US, the Global Trade Research Initiative (GTRI) said in a note, outlining a three-step plan for India to protect its trade interests under the ongoing bilateral trade agreement negotiation with America.

According to GTRI, India must first end oil imports from sanctioned Russian firms such as Rosneft and Lukoil to avoid exposure to secondary sanctions that could cripple financial and digital systems.

Second, once these imports cease, India should press Washington to withdraw the punitive 25 per cent "Russian oil" tariff imposed on Indian exports.

Finally, trade negotiations with the US should resume only af...