Sushma Swaraj stresses need for peace and stability in Indian Ocean
India TV NewsExternal Affairs Minister Sushma Swaraj on Monday emphasised on the economic importance of the Indian Ocean and said nurturing a climate of peace and stability in this region is an important priority for India's foreign policy. This region is host to the world’s busiest waterways and three-quarters of that traffic is headed for destinations beyond our region," Swaraj said while addressing the Third Indian Ocean Conference in Hanoi. "As an important trade and energy waterway, carrying half the world’s container shipment, one-third of its bulk cargo traffic and two thirds of oil shipments, the Indian Ocean clearly assumes importance well beyond its immediate shores and its littorals," Swaraj said. "Hanoi is therefore a particularly appropriate setting for us to discuss developments in the Indian Ocean and the Indo-Pacific region," said EAM Sushma Swaraj, as she stressed that India and Vietnam are not connected by only the common waters, but the two nations also share a vision for peace and prosperity.