PM Modi urges a dependable supply chain at the SCO Summit to support economic revival

In a meeting with Vladimir Putin of Russia and Xi Jinping of China at the SCO Summit 2022, Prime Minister Narendra Modi called for a trustworthy supply chain.

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At the Shanghai Cooperation Organization (SCO) Summit 2022, Prime Minister Narendra Modi spoke with representatives of the regional security bloc, including Russia and China. The leaders were urged by PM Modi to confront the food and energy issues brought on by the coronavirus outbreak and the conflict in Ukraine.

PM Modi said, “The pandemic and the crisis in Ukraine have caused many disruptions in global supply chains, leaving the world facing unprecedented energy and food crises. SCO should strive to develop reliable, resilient and diversified supply chains in our region.”

China, Russia, Pakistan, Iran, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan are other members of the SCO in addition to India.

India and the SCO members are anticipated to debate energy security at the summit, which coincides with a dramatic increase in Indian imports of Russian coal, fertiliser, and oil. According to PM Modi, the epidemic and the conflict in Ukraine have caused “unprecedented” energy and food crises around the world.

The Indian economy is anticipated to develop at a 7.5% annual rate this year, according to Prime Minister Modi’s speech at the SCO Summit. India, according to him, is in favour of “more cooperation and mutual trust” among SCO members.

“India supports greater cooperation and mutual trust among SCO members. The pandemic and the crisis in Ukraine have caused many disruptions in global supply chains, leaving the world facing unprecedented energy and food crises,” PM Narendra Modi said.

He added that “the SCO should strive to develop reliable, resilient and diversified supply chains in our region. For this, better connectivity will be required, as well as it will also be important that we all give full rights of transit to each other.”

PM Narendra Modi encouraged the development and use of millets in reference to the food insecurity.

“Today’s world faces yet another serious challenge: assuring our citizens’ access to food. Promote the cultivation and consumption of millets is one possible answer to this issue ” he added.

“Millets is a superfood that has been grown for thousands of years, not only in SCO countries, but in many parts of the world, and is a traditional, nutritious and low-cost alternative to the food crisis,” PM Modi said.