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PM Narendra Modi at SCO Summit

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“For this to gain serious momentum, it will take the combined effort of many.”

Astana:

Prime Minister Narendra Modi on Thursday said the ‘Make in India’ initiative can contribute to the engines of global growth and help democratize the global economy, and highlighted the importance of creating multiple, reliable and reliable supply chains. resilient.

Foreign Minister S Jaishankar, who is in Astana to attend the SCO Summit, made PM Modi’s comments at the extended format meeting of the Shanghai Cooperation Organization (SCO) Council of Heads of State here in the capital of Kazakhstan.

PM Modi said India has significantly contributed to improving the economic agenda of the SCO group with institutionalized mechanisms such as the SCO Startup Forum and the Special Working Group on Startups and Innovation.

With 130,000 startups in India, including 100 unicorns, our experience can be useful to others, the Prime Minister said in a statement from the Ministry of External Affairs in his remarks.

“When it comes to geoeconomics, the need of the day is to create multiple, reliable and resilient supply chains. This is an important takeaway from the Covid experience. ‘Make in India’ can contribute to the engines of global growth and help democratize the global economy. India is open to partnering with other countries in capacity development, especially with nations in the Global South,” the statement said.

The Prime Minister said the technology not only held great promise in its day, but was increasingly a game changer in both development and security. “The digital age needs more trust and transparency. AI and cybersecurity raise crucial questions in their own right,” he said.

“When it comes to medical and wellness tourism, you must be aware that the World Health Organization has created a Global Center for Traditional Medicine in Gujarat. At SCO, India has taken the initiative to create a new Working Group on Traditional Medicine of the SCO”, said the Prime Minister.

“Improving education, training and capacity development are fundamental pillars of India’s international cooperation. We are committed to continuing to develop these, whether with C5 partners, Neighborhood First partners or the wider neighborhood .” “India has shown that digital public infrastructure and digital financial inclusion can make a huge difference. Both were discussed during our SCO presidency. They also expand the scope of international cooperation, involving SCO members and partners,” he said.

“While we remain resolute in the face of challenges, it is equally important to actively and collaboratively explore paths of progress. The current global debate focuses on creating new connectivity links that would better serve a rebalanced world,” he said.

“For this to gain serious momentum, it will require the concerted effort of many. It must also respect the sovereignty and territorial integrity of States and be built on the foundation of non-discriminatory trade and transit rights for neighbors,” he said . , in a veiled mockery of China, whose president Xi Jinping was present at the summit.

China has invested billions in various power projects and road networks in Pakistan under the $65 billion China-Pakistan Economic Corridor (CPEC) project.

CPEC faces opposition from India as it is being established through Pakistan-occupied Kashmir (PoK).

To the extended OCS family, “we signal the progress recently achieved at the Chabahar port through a long-term agreement between India and Iran. This not only has great value for the landlocked states of Central Asia, but also lessens risks of trade between India and Eurasia”. Modi said.

India and Iran in May signed a 10-year contract to operate a terminal at Iran’s strategically important Chabahar port, a move that will boost regional connectivity as well as trade ties.

This is the first time that India will take over the management of an overseas port which will also have a multiplier effect on trade between India, Iran and Afghanistan, as efforts continue to directly exploit the potential in Central Asia, bypassing the neighboring Pakistan.

Talking about Afghanistan, PM Modi said that India and its people have a historic relationship with Afghanistan which is the basis of ties between the two countries. “Our cooperation covers development projects, humanitarian assistance, training and sports. India remains sensitive to the needs and aspirations of the Afghan people,” Modi said.

The Prime Minister also addressed the issue of granting English status as an official third language, which he said was crucial as more countries sought association with the SCO as Observers or Dialogue Partners.

“We must strive to communicate better and deepen our consensus.” Congratulating the Kazakh side for hosting a successful summit, Modi said India as a ‘Vishwa Bandhu’, or the friend of the world, will always strive to deepen cooperation with all its partners.

The prime minister also extended his best wishes for the success of China’s next SCO presidency.

India became a member of the SCO in June 2017 at a summit in Kazakhstan.

(Except the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



This story originally appeared on Ndtv.com read the full story

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