PM Narendra Modi will meet Russian President Vladimir Putin and come face to face with Chinese President Xi Jinping next week in Uzbekistan at the SCO summit, amid G7 efforts to impose a cap on the price of Russian oil, although it’s not clear yet if he will have a structured bilateral meeting with either of the two leaders, reports Sachin Parashar.
Both India, which has ramped up crude imports from Russia, and China have not condemned Russia for its military action in Ukraine and have so far not seemed keen on supporting the proposed price cap.
“India’s ancient doctrine Vasudhaiva Kutumbakam has taught us to see the world as a family. In today’s globalised world, events in one part of the world create an impact on the whole world,” said Modi in his address to the plenary session of the Eastern Economic Forum. While underlining the significance of India’s cooperation with the Russian Far East, he said India’s Act East Policy had become a key pillar of the special and privileged strategic partnership between India and Russia.
“Along with energy, India has also made significant investments in Russian Far East in the areas of pharma and diamonds,” he said, adding Russia can become a key partner for the Indian steel industry through supply of coking coal. “We can also have good cooperation in the mobility of talent. Indian talent has contributed to the development of many developed regions of the world. I believe the talent and professionalism of Indians can bring about rapid development in Russian Far East,” he said.
