India to give line of credit worth US$ 1 billion for Far East’s development: PM Modi in Russia

Updated:6 years, 1 month ago

Vladivostok (Russia), Sep 05 (ANI): Prime Minister Narendra Modi at the Plenary Session 5th Eastern Economic Forum said that India will give line of credit worth US$ 1 billion for development of Far East. PM Modi at 5th Eastern Economic Forum said, “In India also we are building a New India on the 'mantra' of 'sabka saath sabka vikas'. We are aiming to be US$ 5 trillion economy by 2024.” He also added, “The development of Far East, India will give line of credit worth US$ 1 Billion. My government has actively engaged East Asia as part of its 'Act East' policy. This will also give a new dimension to our economic diplomacy.” Prime Minister Narendra Modi is in Russia as the chief guest of the 5th Eastern Economic Forum.