1629872196_1UmGN6_Putin.jpg 
Modi said that Russia can become an important partner for the Indian steel industry through the supply of coking coal
Photo Credit :
Taking Indo-Russian relations to an upper level amid the ongoing war, Prime Minister Narendra Modi on Wednesday said that India is keen to strengthen its partnership with Russia on Arctic issues.
While speaking at the plenary session of the Eastern Economic Forum 2022, he said that today it has become a major global forum for international cooperation in the development of the Russian far East.
"For this, I appreciate President Putin's vision, and also congratulate him," he said.
He said, "There is also immense potential for cooperation in the field of energy. Along with energy, India has also made significant investments in the Russian Far East in the areas of pharma and diamonds."
Modi said that Russia can become an important partner for the Indian steel industry through the supply of coking coal.
PM Modi believes that both nations can also have good cooperation in the mobility of talent. Indian talent has contributed to the development of many developed regions of the world.
He added that the talent and professionalism of Indians can bring about rapid development in the Russian Far East.
"In 2019, I had the opportunity to participate in this forum. At that time, we announced India's 'Act Far-East' policy. And as a result, India's cooperation with the Russian Far East has increased in various fields," he said.
Today, this policy has become a key pillar of the special and privileged strategic partnership between India and Russia, PM mentioned.
Interestingly, PM Modi also talked about the ongoing Ukraine crisis initiated by Russia. He said that the Ukraine conflict and the Covid pandemic have had a major impact on global supply chains.
Shortages of food grains, fertilisers, and fuels are a major concern for developing countries. Since the beginning of the Ukraine conflict, we have stressed the need to take the path of diplomacy and dialogue, he said.
"We support all peaceful efforts to end this conflict. In this regard, we also welcome the recent agreement concerning the safe export of cereals and fertilisers," PM Modi said.