discrimination or part of everyday life for many life diversity. make up your own mind. the w. 4 minds ah, american gas to the rescue, the us pledges to boot shipments of natural gas to the european union, but will be enough to break the blocks reliance on russian energy. also coming up, india comes under fire for buying of russian oil spurned by the west. we'll take a look at how economic ties between moscow in delhi are evolving and will tell you the story of 2 farmers forced to leave ukraine due to russia's invasion. now in germany, they're sending donations and aid to those left behind. welcome to

a special edition of d. w. business. looking at how the war is re shaping global tre alliances. i'm chelsea delaney and berlin. the u. s. has agreed to rapidly boost shipments of liquefied natural gas, or l n. g to the european union this year, as part of efforts to win the block off russian fuel. the announcement came during president joe biden's visit to brussels. the u. s. will offer an additional 15000000000 cubic meters of elegy and 2022. last year they ship 22000000000 cubic meters to the u. the block hopes to replace 2 thirds of russian gas imports by year end. germany friday said its plans to ditch russian energy are progressing . it expects to import only 30 percent of its gas from russia this year compared to almost twice that before the war. now to do that, that you will need more natural gas not just from the u. s, but also from suppliers in the gulf region such as guitar. the country with

enormous gas reserves, but a controversial record on human rights guitar. as a top producer of liquefied natural gas, or ellen, g scene is critical for germany weaning itself off russian imports. but the gulf country is also well known for its stain. human rights record rights groups criticize the exploitation of guitars, 2000000 migrant workers. the deaths of thousands of workers over the past decade have gone ignored by authorities. modest labor reforms have reportedly stalled other reports point to restricted freedom of expression and the repression of women . as germany frantically searches for new trade partners should the country put human rights at the forefront of its trade relations. but even though the doors against the background of german history, it's a very important topic among everybody should think about this from buying products . the constitution says human dignity is inviolable, that also cancer,

other countries from which we purchase products linda gave and will be put up to with see different t as a definitely, i think, especially with globalization, which is increasing. we can't avoid the topic. if i was to manage. mm hm. your distinguish one does this. yeah, i think it's important, but it's difficult really when it's off by them. we can see that with hub ex, visit to the u. e. and the gulf states like choosing between the lesser of 2 evils, fights from personal color, already sargon for berlin. finding reliable energy from reliable partners is now a problem with no easy solution. so far, pragmatism prevails. now in germany may be taking a pragmatic approach as we heard there, but it's also indicated it once more cooperation with like minded countries. after russia invaded ukraine, german finance minister christian ledner said that germany especially now in the ukraine crisis is big. it is becoming queer how important free trade is with

partners around the world who share our values. he was proposing there a wider trade deal with the us, but only transacting with countries that share your values drastically reduces your options. a new survey suggest that for the 1st time since 2004, there are more countries that are labeled as a talker sees. then democracies among the autocratic countries are some of germany's main trading partners. that means china, turkey, russia and saudi arabia are among them and replacing russia means turning to places like a tar, so it's clear. some compromises will have to be made when it comes to human rights and trade. now for more, let's bring in maria to meritus, the deputy director of the brew golfing tank. so maria, thank you so much for joining us for the you. on the one hand wants to cut russia out of the energy supply. and the other hand, it is striking these deals with countries like

a tar that have questionable human rights past history is there, isn't that a bit hypocritical? well, yeah, he just points to an incredible dilemma. we have had to 20 or 30 years of globalization where the, the motto which we were operating was, you know, expand, reduce costing, increase the trade links to promote growth for all countries in the world. and i realize, of course, that that was not the best strategies. how do you roll these back? this is the dilemma and at the same time, preserve the level of welfare that we have in europe. this is incredibly difficult dilemma, but we have to confront it. because as we saw, the path that we traveled in the past 2 years is also not sustainable. it amounts are 2 types of issues that could lead to war like the one we witnessing now. so just taking a broader look at this war and the outcome it has had,

countries are obviously being put in a position to, to pick aside what sort of effect is that having on global trade relationships and general wow, as you say we are, we are creating camps sir, comes or they're not really new. there had been there for a long time and it is very much a division of ideology in some ways. and the vision in the way that we like to do business and western model and in the eastern model and, and, you know, the camps have already been created. but the fact is, what is the end game here? can we continue to talk between the 2 camps, or is it de facto in isolation of a bipolar world in which you have 2 competing, a systems that only talk to each other, not the rest. i find this a very, very bad outcome. not only because trade relations would suffer, our welfare will suffer, but also because the biggest challenge here, namely climate, an energy and the to cause the whole world. you cannot solve climbers with just talking to her. what we call now, the like minded countries. we need to talk to,

everybody will need to engage with everybody. and that means that the, you know, the polarization or for of the world is very by noon for climate. so you mentioned that there we, we do seem to be seeing, you know, a west versus east situation. and what is, what is, what does that mean for the global economy? if we do see, you know, the u. s. and e, you coming closer together as the western block, and then, you know, russia and china sort of forming this anti western block defect of that mean. so less interaction between the 2 blocks to the, to the way through the extent that i can define them. this way, the inter linkages that we have to day between the 2 blocks are enormous and it's very difficult to decouple any if we were to decouple, it would imply huge your welfare losses for both sides. and the cost will go up for just about everything. the supply change will be shortened and therefore that, that is very bad news for everybody. the question is, can we maintain it?

that as near demands as deputy director of the burgle thing, thanks so much for joining us. now india has been reluctant to criticize russia and its invasion of ukraine. well, that has angered western allies like the u. s. experts say andy has position, reflects historical economic ties between itself and russia and the defense and history and increasingly, and the oil industry. india is the world's leading buyer of arms until last year it accounted for 11 percent of total global arms imports. according to the stock home international peace research institute separate, it's biggest supplier was russia. between 20172021. it accounted for 46 percent of indian arms in ports. and in the previous 5 year period, russia accounted for more than 2 thirds of indian arms imports. india has been trying to reduce its dependence on russian arms and diversify suppliers. amanda,

quote, baby, hey, if you look at other countries that us in europe, bronx, britain, japan, the only dependent on the u. s. for their security. india is not dependent on the u . s. word security is certainly likes you are supported to call support. but at the end of the day, there depend on itself. so it is self interest, which is driving a new policy. i don't think any ideology drives of joy. she says moscow also supported india's foreign policy in the region before and after the collapse of the soviet union. but that's not the only reason. self interest maybe behind and you daily's choice to remain neutral on russia's war in ukraine. india in ports, 80 percent of its oil needs, and rising oil prices have already led to protest. so while other countries spurn

russian oil, india is buying it so far. it has bought at least 13000000 barrels, according to bloomberg news. and without that, many takers of russian oil, india may very well benefit from lower prices. now for more, let's talk to charo car t k. our correspondent and deli charo and new india has been criticized by the u. s . for being on the wrong side of history. for buying russian crude at a discount, what is india's response to that and well, just say india has not really registered a formal response to that very specific comment about buying a crew from russia, but of foreign affairs minister and good made the statement involvement yesterday and he said that in your stand on ukraine has been very consistent and yet is consistently re i to reading that of law. still it is and violence need to end. and at the same time, india has been asserting that the global order is based on the un charter and

respect for the territorial integrity. and so vanity of all countries about oil, all that india has said, is that it's one of the competent of russian oil in india. and board basket is less than one percent. and it doesn't really matter much to the trade. but yes, there are reports that the 13000000 barrels of oil have been bought, and several indian companies have gone ahead and place those orders of. there are reports that russia is offering oil at a discount of 27 percent. and india is thinking about are planning to use. those are oil stocks for showing up. it's strategic or reserves. chelsea rush and india are also reportedly working on a rupee rubel payment mechanism for that oil. how significant is that? well yeah, that's very significant. just see that's and that's good because um,

since trade is continuing between india and russia, the payment systems need to be finalized several exporters in india as well as in russia. have said that this will be the ruble mechanism that existed years ago needs to be brought back, because a large number of russian banks have been cut off from the swift system. and that is impeding payments. now the tricky thing is that both the currencies need to be bags to a 3rd currency so that some kind of exchange rate can be worked out in den exporters have been asking the reserve bank of india, which is in the central bank to work out this exchange rate so that their payment do not suffer some expense. also believe chelsea that this repeatable treat is already going on. because the government have been very a secretive about it that has not been here. got information from either science, but many believe that payments are already being made in rubles, to russia. yes, that's something the government, as of now has only said the owners only said that several payment mechanisms are

being looked at. that is a deem intro ministerial team that is looking into formulating a strategy and it will be a now soon. chelsea is that a signal that india might be looking to trade with russia and more than just oil. well, chelsea, that's a little bit hard to say because in any case, apart from the arm street with russia, oil is the biggest competent of indo. my russian trade apart from that of india also buys sunflower oil, which is a huge price is also have been going up in india. so if, if that is also offered at a discounted rate in there will be a will likely be tempted to continue doing that trade fertilizers are also something that india continues to buy from russia. so i think what india is looking at right now is to maintain this trade relationship and not really, it's not really planning to expand it further, but at least maintain the items that are being bought from russia. and if they're

being offered at a discounted rate that's, that's be very good for the indian economy. that's what the government is to be contemplating right now. chelsea, what does this all mean for it? and his relationship with the west, particularly the us. well yeah, that's a, that's a tricky part. that's a sort of a title walk that india has been doing ever since the war began. and we've all seen that in the several united nations resolutions that were brought to condemn russia . india abstained from all those resolutions or india has been demanding session of hostilities and violence consistently. and at the same time, has been saying that it's a real integrity and sovereignty of all nations must be to speak to them. that is the basis of the global order right now. of course, india has hesitated from condemning russia and that has become a sort of a friction point between india relationship with the west,

especially us and the euro. but even if we look at the response coming in from washington or from europe, it's a sort of a blow hot vocal sort of policy when the us made that comment that india must remember not to be on the wrong side of history. just a couple of days after that white house for the department of state spokesperson and price said that you guys are partner of choice for the us. so it's a blue, hard, blue call sort of thing. they are consistently nudging india to align. it says more clearly with the west stand against russia, but at the same time they're, they're, they're, they're trying to also play a sort of a balancing game as far as that interests and in concern. just the kerio party, k and delhi, thanks so much for joining us. now switzerland has joined the you and imposing harsh sanctions on russia, but it is yet to restrict russian commodity trades. the vast majority of those

skills are done in switzerland, bringing an even more money for the country than taurus them. yes ma'am. oh, even in neutral switzerland, there are regular demonstrations against the war. like here in geneva, at the headquarters of the united nations. the focus is on the oil and gas trade, which is still taking place and filling putin's war chest up to 80 percent of russia's raw materials are traded in switzerland. companies such as good for mercury, russ, net, glen core, and many others are switched based and continue doing business largely unchecked. as puffed only the inked and had a good marleni trading really needs to be regulated off tons, parents. and there needs to be transparency when it comes to commodity traders payments to governments out especially to autocratic regimes. on outlook, latisha is emer diva which then divert these funds into their own pockets. the

packet funds, or in the worst case, can leave a finance wars with them while i'll kick a financing and there's not much happening these days at this inconspicuous address . it's the swiss branch office of nord stream to after germany. us sanctions were imposed on the pipeline project. there were more than 100 lay offs at the firm to comp, until hattie and by invalid viet, the can't on of to was involved in the termination process on the hub and thought in for my children. and we received information that the nordstrom 2 accounts have been blocked, betsy on thus hopefully owns emer. and for us, that meant there's a de facto insolvency in the context of these terminations, a factor in solving even though the swiss government is now fully complied with the u. sanctions. raw material trade via the alpine republic has continued.

russian gas is being ordered delivered and paid for new cash for putins war chest only a complete energy embargo against russia would help indecent soon. in this situation, we believe that an embargo on russian, oil and gas must be discussed internationally and supported by switzerland. good talking via a clinton i, we could make an embargo against russia if we don't order anything, but we have to be prepared, especially when it comes to gas gas miss via we have to obtain the scans capacities of other countries. we have to be prepared to demand less and relatively quickly let us know the energy embargo against russia that these demonstrators are seeking, is possible. it would mean in future that switzerland has more control over its commodity trade and could avoid indirectly financing wars.

so now my colleague steven greatly joined to be in the studio to answer some of you . are you tip question stephen, and thanks for being here. so we'll start with dr. t who asks. western sanctions seem like someone is holding your savings and doesn't want to pay you back. how is that even legal? yeah, i'm assuming he's referring to the decision by many western nations to do not honor the foreign reserves that russia has in their holding. and you know, this has happened before the taliban, for example, their foreign reserves are being held as well, and they're not being allowed to be liquid liquified. but for an economy the size, it is sort of breathtaking and it's, it's unprecedented in a lot of ways. the question is for the legality, is there a court who really can adjudicate this? no, you could say, why did you give your foreign reserves to another country to hold? but of course i said, yes, you whole dollars, you hold euros your other currencies besides your own, that helps you to prop up your own currency as well at home. it is,

it is unprecedented. and you know, there have been some criticisms motus you would say, but, but more, those were asking the question, what does this really mean, a reserves now, not money, because reserves are money. and if you then say that they cannot be liquidated, then you throw them into question and that could speed up this move away from globalization. if nation start to believe that they can't trust other currencies and what are they going to do? they can't trust the swift transaction messaging system, then they're going to find alternatives. if they can't trust it, businesses can't trust being in a certain country than they may reduce their footprint. supply chain, what we're seeing potentially with this is more pressure to move away from diverse, so flying into other countries regions, or whether it's your businesses, whether it's your reserve currencies, things like that. so that is one of the things that makes us so impressive when you look at it does make you scratch your head sometimes. definitely an existential question about what is money for sure. ok. ok,

so next we have higher spirit and he is asking he or she is asking, am i missing something here? isn't russia still providing oil for the european union and the u. k? why is the focus on china and media and not with others? ok, well this seems to be maybe in one sense of criticism on our last show and which we did focus a bit more on china. of course, that was the theme. then we have focus plenty on the east connection with russia when it comes to, to fuel as we have today with this program. but there is a connection between the 2. if europe is not going to pull as much fuel from russia, then of course, maybe china can step in and take up some of the capacity. and it goes in general for western businesses and, and the marketplace in russia. if europe is going to leave it whole skill, europe in the us, japan, south korea, all these nations have announced sanctions. then there is room for someone else to come in. it could be the china's benefits. so, you know, one leaves and other comes in and that could actually not necessarily be to russia's benefit as well, because that gives more leverage to china. for example, if they want better terms for gas or oil. so it is all interconnected,

and we do really pay attention to hear this, a lot of hand wringing around this question of, you know, how europe tethered itself so strongly to russian energy. and that's something has taken place over years of decades. and you see this lot here in germany, you see it elsewhere in europe. this, we're grappling with this question was this wise, you know, what should have been done instead? and what is the way moving forward? i think that's what we're going to continue to focus on the future as well, including talking about l n g, for example, that's just one path, but not the whole answer. ok. and this is the question that i had never thought about, but it's actually very good question c, r occur we were debating b, the pronunciation earlier. when the western companies are pulling out of russia, are they leaving all their property behind? well, i think the trick here is, are they pulling out of the country? i would say most of them to this point have said that they are suspending operations. so they're not, you know, putting factories, you know,

the sibling factories and putting cars and ships and things like that on trains and hauling them out. right now. this is an evolving situation of volkswagen for example. you know, when we talk to them, they said, well, we're going to keep paying our employees there for 3 months. and we said, well, ok, what after that is that we don't know what's going to happen with this in the next months. so how can we say, so this is definitely a developing situation, and i would imagine that most businesses, including those who have been there for decades, they obviously want to go back and they imagine still serving a russian, a russian clientele. they have businesses there. they have connections, so they're not necessarily exiting things out of the country. there is this question of whether russia might try nationalize or expropriate some of their property. they've been making signals about this making noises about it. but that's not as easy as it sounds or they make it out to be that there's legal risks there. there's also the fact that many of these businesses that are in russia actually importing their goods, especially when it comes to consumer goods. so it's a lot easier said, but it's going to be difficult to put that in practice. even barely. thank you so much for joining me. answer this question. now the war in ukraine has driven an

estimate at 3700000 people out of the country. many who left are devoting themselves to helping those who remain in ukraine. here is the story of 2 farmers who are doing just that or thought due to the over the mutual evil him. none the shot is a german farmer. well, on was in ukraine. you actually on my to be kentucky and his business partner spent a decade in the country, growing wheat and corn before leaving due to the war. now back in germany, there organizing aid convoys with the help of ukrainian friends. the donations come from ordinary germans the bones investment of cor, we are in western ukraine. the supply situation is pretty good. there's food. what we're bringing to ukraine now is going through friends and contacts into the war torn areas. their conditions are catastrophic coverage. if kevin, mario polar encircled no, be nothing there. so are people are driving straight into kia void to fall victim

dialect. nike of the 2 farmers have left their machines and fields behind, as well as their local workers via the internet. they keep in touch with their 10 employees and ukraine. a few or at the front. others are trying to keep the farm going. this is video from last year's harvest. it was a good one. ah, the farm turned a profit. whether they'll even have a harvard this year, however, it is unsure because of hogs of your on the, the question is whether we'll be able to get enough diesel fuel underneath. it looks bad right now as we run out in the coming days. and of course, we need to be able to plant the some as crops and keep turning to the winter was in the market. if we get a minimal amount of diesel, we concentrate on what we've already cultivated and tried to bring in that harvest on to do it to bring as soon as it's safe to the, to farmers plan to return to ukraine themselves. if and watching

a special edition of d that the business looking at how the war is re shaping global trade alliances for more from us. check out our website, debbie dot com slash business for also on the d. w. news youtube channel in finance on facebook. till next time take care with

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