India keen to strengthen partnership with Russia on Arctic subjects: PM Modi

India is keen to strengthen its partnership with Russia on Arctic subjects and has immense potential for cooperation in the energy sector, Prime Minister Narendra Modi said on Wednesday.
In an online plenary session address at the Eastern Economic Forum being held in the Russian city of Vladivostok and also attended by Russian President Vladimir Putin, Modi also said that India should emphasize the need to adopt the path of diplomacy and dialogue from the beginning. Used to be. The Ukraine conflict supports all peaceful efforts to end the conflict.
Recalling his physical participation in the Forum Summit in 2019, Modi said that India had announced its “Act Far-East” policy at that time and as a result, India’s engagement with the Russian Far East in various areas. Cooperation has increased.
“This policy has now become a key pillar of the ‘Special and Privileged Strategic Partnership between India and Russia,” he said.
“This month itself, 30 years of the establishment of the Consulate of India in Vladivostok are being completed. India was the first country to open a consulate in this city. Since then, this city has been witness to many milestones in our relationship,” he said.
“I congratulate Putin for his vision to establish this forum,” the prime minister said. Modi further said that connectivity will play an important role in India’s relations with the region.
“Apart from energy, India has also made significant investments in pharma and diamonds in the Russian Far East,” he said.
The Prime Minister further said that in today’s globalized world, events occurring in one part of the planet impact the entire humanity.
“The Ukraine war and the COVID pandemic have had a major impact on global supply chains. The scarcity of food, fertilizer, and fuel is a matter of great concern for developing countries.