Russian President Vladimir Putin praised Prime Minister Narendra Modi in Vladivostok on Tuesday. He said that PM Modi is doing the right thing by promoting 'Make in India' programme. Actually, Putin said this in response to a media question on Russian-made cars at the 8th Eastern Economic Forum (EEF).
Putin said domestically manufactured automobiles should be used and India has already set the example through its policies under the leadership of PM Modi.
Now we also have...
Putin said at the forum that you know, we did not have domestically produced cars then, but now we have them. It's true that they look more modest than the Mercedes or Audi cars that we bought in droves in the 1990s. However, this is not an issue.
should learn from india
He said that I believe that we should learn from our many partners i.e. India. They are mostly focusing on the production and use of cars and ships produced in India. In this regard, Prime Minister Modi is doing the right thing by encouraging people to use Made in India. We also have those vehicles available and we should use them.
Focus on use of domestically manufactured cars
He said it is absolutely fine to use Russian-made automobiles. We have Russian-made automobiles and we must use them. That's absolutely fine. This will not violate our WTO obligations. This will be related to state procurement. We need to create a certain hierarchy regarding what cars different categories of officials can drive, so that they use domestically produced cars.
There is no threat from IMEC
Not only this, but the Russian President also explained in detail how he does not see anything in the India-Middle East-Europe Economic Corridor (IMEC) that could become an obstacle for Russia and according to him this project will benefit the country. will be.
Putin, speaking at the Eastern Economic Forum, said the United States has agreed with the European Union, Saudi Arabia and India on the creation of a new economic corridor. Russia will benefit from this project. The Russian President said that IMEC will help his country develop logistics. This project was under discussion for several years.
The agreement was signed in G-20
His remarks came after India, the US, UAE, Saudi Arabia, France, Germany, Italy and the European Union signed an MoU to establish the India-Middle East-Europe Economic Corridor on the sidelines of the G-20 summit in New Delhi on Saturday. (MoU) has come after signing.