Prime Minister’s Office of India

09/03/2021 | Press release | Distributed by Public on 09/03/2021 06:50

PM’s Virtual-Address at 6th Eastern Economic Forum 2021 in Vladivostok

PM's Virtual-Address at 6th Eastern Economic Forum 2021 in Vladivostok

03 Sep, 2021

Prime Minister Shri Narendra Modi delivered a video-address during the plenary session of the 6th Eastern Economic Forum (EEF) held on 3 September 2021 in Vladivostok. It may be recalled that PM was the Chief Guest for the 5th EEF in 2019, the first by an Indian Prime Minister.

Applauding President Putin's vision for the development of the Russian Far East, PM reiterated India's commitment as part of its 'Act East Policy' of being a reliable partner of Russia in this regard. He underlined the natural complementarities of India and Russia in the development of Russian Far East.

PM stressed on the importance of greater economic and commercial engagement between the two sides in line with the 'Special and Privileged Strategic Partnership'. He highlighted the importance of health and pharma sectors as important areas of cooperation that have emerged during the pandemic. He also referred to other potential areas of economic cooperation including diamond, coking coal, steel, timber etc.

Recalling the visit of Chief Ministers of Indian states to EEF-2019, PM extended an invitation to Governors of the 11 regions of Russian Far East to visit India.

Despite the challenges of Covid-19 pandemic, an Indian delegation led by Minister of Petroleum and Natural Gas Shri Hardeep Singh Puri comprising leading Indian oil and gas companies are attending the India-Russia Business dialogue within the framework of EEF. An online meeting between Chief Minister of Gujarat Shri Vijay Rupani and Governor of Sakha-Yakutia province of Russia was held on 2 September on the sidelines of EEF. Over 50 representatives from reputed Indian companies from various sectors will also be participating in online format.

My remarks at the Eastern Economic Forum. https://t.co/FE8mRgm75q

- Narendra Modi (@narendramodi) September 3, 2021

In Indian history and civilization, the word 'Sangam' has a special meaning.

It means confluence, or coming together of rivers, peoples or ideas.

In my view, Vladivostok is truly a sangam of Eurasia and the Pacific: PM @narendramodi

- PMO India (@PMOIndia) September 3, 2021

In 2019, when I had visited Vladivostok to attend the Forum, I had announced India's commitment to an 'Act Far East policy'.

This Policy is an important part of our 'Special and Privileged Strategic Partnership' with Russia: PM @narendramodi

- PMO India (@PMOIndia) September 3, 2021

The friendship between India and Russia has stood the test of time.

Most recently, it was seen in our robust cooperation during the COVID-19 pandemic, including in the area of vaccines: PM @narendramodi

- PMO India (@PMOIndia) September 3, 2021

Energy is another major pillar of our Strategic Partnership.

India-Russia energy partnership can help bring stability to the global energy market: PM @narendramodi

- PMO India (@PMOIndia) September 3, 2021

India has a talented and dedicated workforce, while the Far East is rich in resources.

So, there is tremendous scope for Indian talent to contribute to the development of the Russian Far East: PM @narendramodi

- PMO India (@PMOIndia) September 3, 2021