Russian Prez Vladimir Putin on Tuesday heaped praises on PM Modi for his Policies in Russia’s port town of Vladivostok
Russian Prez Vladimir Putin on Tuesday heaped praises on PM Modi for his Policies in Russia’s port town of Vladivostok
Russian President Vladimir Putin on Tuesday heaped praises on PM Modi for his
Policies in the Russian port town of Vladivostok saying that the Indian PM Modi
is just doing the “right thing” in promoting the Make in India programme.
His remark comes in the midst of his speechat the 8th Eastern Economic Forum (EEF) in response to a media query on Russian-made cars.
As per Putin domestically made automobiles need to be used and India whic has already set examples through its policies
In the midst of his address at the forum, Putin attributed that they did not have domestically made cars then, but do now. I
It ‘s a fact that tthey look more modest than Mercedes or Audi cars, which they bought in vast amounts in the 1990s, but its not an issue. They need to to emulate many of their partners, for example, India. They are focused on the manacture and use of Indian-made vehicles. I
Putin feels that Prime Minister Modi is doing the right thing in promoting the Make in India programme. He is right adding that it is absolutely fine to use Russian-made automobiles.
Putin further added that they have Russian-made automobiles, and need to use them; this is absolutely fine. This will not lead to any infringements of our WTO obligations, absolutely not.
In the backdrop of plenary session posted on Kremlin’s website? Putin revealed that
It will concern state purchases and they need to create a certain chain regarding what cars different classes of officials can drive, so that they will use domestically-made cars.
Not only this, but the Russian President also talked at length how he sees nothing in the India-Middle East-Europe Economic Corridor (IMEC) that can hinder Russia and that the project according to him benefits Russia.
While speaking at the Eastern Economic Forum (EEF) as cited by the Russian news agency TASS, Putin asserted that United States jumped into the “last car” by agreeing with the European Union, Saudi Arabia and India on the creation of a new economic corridor. However, the project in itself is for the benefit of Russia.
The Russian President also stated that the IMEC would help his country develop logistics and added that the project had been under discussion for several years.
His remarks came after India, the US, UAE, Saudi Arabia, France, Germany, Italy and the European Union on Saturday on the sidelines of the G20 Summit in New Delhi signed a Memorandum of Understanding (MoU) to establish the India-Middle East-Europe Economic Corridor.
Putin further added it’s True, the Americans jumped on this train at the last moment. But for them, he doesn’t see much point in being in this project. Only, perhaps, from the point of view of business interest.
Meanwhile, the additional movement of goods along this corridor is, in fact, an addition to their North-South project.
They have nothing here that we see something that could somehow hinder us.
India, the United States, Saudi Arabia and the European Union on Saturday (September 9), announced a historic agreement to soon launch a mega India-Middle East-Europe shipping and railway connectivity corridor.
Prime Minister Narendra Modi made the announcement for the ambitious project on the sidelines of the G20 Summit which took place in New Delhi under India’s presidency.
This is a first-of-its-kind initiative on cooperation on connectivity and infrastructure involving India, UAE, Saudi Arabia, EU, France, Italy, Germany and the US.
Speaking after the launch,
PM Modi said that he cordially welcomed all at this event.
He feels very happy to co-chair this event with his friend President Joe Biden. Today they all have seen the conclusion of a historic and important agreemen
In the coming days, it will be an effective medium of economic integration between India, South Asia, and Europe”.
News Edit K.V.Raman
