Speaking at the SCO meeting on Friday, Prime Minister Narendra Modi stated his desire to convert India into a manufacturing powerhouse. The second day of the Shanghai Cooperation Organization (SCO) summit began with Prime Minister Narendra Modi, Chinese President Xi Jinping, Pakistan Prime Minister Shehbaz Sharif, and Russian President Vladimir Putin, among others, in attendance.
Prime Minister Narendra Modi stated
Speaking at the conference on Friday, Prime Minister Narendra Modi stated that India has over 70,000 start-ups. We are focusing on a development paradigm that is centered on people. We encourage innovation in all sectors. In our country today, there are over 70,000 start-ups and over 100 unicorns.
This year, India’s GDP is predicted to grow at a 7.5% annual rate. I’m delighted that ours is one of the world’s fastest expanding economies among the majors. Further, he will form a special working group on start-ups and innovation and report back to the SCO members.
Prime Minister Narendra Modi also emphasized India’s efforts to popularise millets and address food security issues. He emphasized the importance of SCO in the post-Covid age. Member countries of the SCO should grant transit rights and boost connectivity. At that point, Modi was plainly referring to Pakistan, whose Prime Minister Shehbaz Sharif was present at the SCO leaders’ meeting. He also mentioned the implications of the COVID-19 epidemic on global supply chains as well as energy and food security concerns.
Meetings with Other Leaders
Chinese President Xi Jinping expressed support for India, which will take over the SCO presidency and host the summit next year. The meeting will discuss regional security difficulties as well as increasing commerce and energy supply, among other topics. PM Modi plans to meet with Putin and Uzbek President Shavkat Mirziyoyev, among other world leaders, outside of the conference.
On the sidelines of the summit on Thursday, Putin met with Xi and stated that China has “questions and worries” about Russia’s intervention in Ukraine, a remarkable, though cryptic, admission that Moscow lacks the full support of its biggest and most powerful partner in the global arena.
Instead of showing the West that Eurasia is united against the West as Russia tried to get over its humiliating military retreat in northeastern Ukraine last week, the two presidents said different things in public, and Xi didn’t even talk about Ukraine.
Continue to read more latest news
235 total views, 2 views today