SCO Should Create Trusted Supply Chains; Members Should Give Each Other Transit Rights: PM Modi
2 years, 6 months ago

SCO Should Create Trusted Supply Chains; Members Should Give Each Other Transit Rights: PM Modi

News 18  

Prime Minister Narendra Modi on Friday called on the Shanghai Cooperation Organisation to create trusted and resilient supply chains to offset the disruptions caused by the Ukraine crisis and the Covid-19 pandemic and said the members of the grouping should give each other full transit rights to expand connectivity. With Russian President Vladimir Putin, Chinese President Xi Jinping and Pakistan Prime Minister Shehbaz Sharif listening, Modi, addressing the annual summit of the bloc, said India supports “greater cooperation and mutual trust” among the SCO member states even as he pitched for concerted efforts to combat terrorism. In his remarks, Modi said the pandemic and the Ukraine crisis have caused many disruptions in global supply chains, leaving the world facing “unprecedented” energy and food crises. Highlighting India’s growth trajectory, the prime minister also said that the Indian economy is expected to grow by 7.5 per cent this year, which will be the highest among the world’s largest economies.

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