In a discussion with The Wire’s founding editor M.K. Venu, former trade negotiator and founder of the think tank Global Trade Research Initiative, Ajay Srivastava says post US-Iran war, India is now critically dependant on Russian crude, which forms 50% of our total crude import in July.India cannot afford to buckle under US pressure on this, he says, adding that India has no choice but to revive it’s manufacturing in middle-tech items in a focused way to remain competitive in global trade.Watch the full interview: