West Asia Conflict Poses Economic, Security, Humanitarian Challenges for India: PM Modi |
New Delhi: Prime Minister Narendra Modi on Monday said the ongoing West Asia conflict has created unprecedented challenges for India, impacting multiple sectors including economy, national security and humanitarian concerns.
Speaking in the Lok Sabha, PM Modi said, “The government is appealing to all sides for peace. This war has created unexpected challenges for India economic, national security, and humanitarian.”
He said India has significant trade ties with countries affected by the conflict and the region serves as a crucial route for global trade. “India has extensive trade ties with the countries affected by the conflict, and the region is a key route for our global trade,” he said.
Highlighting energy concerns, the Prime Minister said a large share of India’s crude oil and gas requirements are met from the region. He also noted the presence of a large Indian diaspora in Gulf countries.
“A significant portion of our crude oil and gas needs is met from this region. It is also important because nearly one crore Indians live and work in Gulf countries. A large number of Indian crew members are employed on commercial ships operating in these waters,” he added.