New Delhi, Nov. 1 -- India should suspend oil imports from sanctioned Russian firms, seek the removal of punitive tariffs, and resume trade talks with the United States only after ensuring fair terms, according to the Global Trade Research Initiative (GTRI).

The think tank outlined a three-step approach for India as it navigates ongoing negotiations on a bilateral trade agreement with the US.

In its policy note, GTRI recommended that India initially stop sourcing crude oil from sanctioned Russian companies like Rosneft and Lukoil, warning that continued purchases could expose the country to secondary sanctions and potentially impact its digital and financial systems, reported ANI.

The warning comes after the US imposed sanctions on the...