Part 2/10:
This stance highlights a core principle: countries should retain sovereignty over their energy sources and trade decisions. The speaker notes that Australia had previously worked to strengthen bilateral ties with India, exemplified by efforts to establish a free trade agreement, underscoring the importance of diversified and resilient trade partnerships. Nonetheless, the potential for India to use its influence over Russian oil as leverage raises questions about the risks of geopolitical entanglements impacting global supply chains.