Wednesday, November 29, 2023

SCO: Modi stresses on transit rights; India as manufacturing hub of world 

Members should grant each other transit rights to ensure better connectivity, Prime Minister Narendra Modi said while addressing the 22nd regional summit of the Shanghai Cooperation Organisation (SCO) in Samarkand, Uzbekistan today. 

He said better connectivity is needed in the regional grouping as there was a global food and energy crisis after global supply chains were affected due to the Covid-19 pandemic and the war in Ukraine.

“The SCO needs to focus on bringing diversified and resilient supply chains…for this, better connectivity and access to transit is required,” PM Modi said, adding that India supports mutual trust and cooperation among SCO countries.

The PM said the innovative use of technology is being focused on in our people-centric development model, and India is ready to collaborate with SCO nations. 

“We are working towards transforming India into a manufacturing hub…We are supporting innovation in every sector. Today there are more than 70,000 start-ups and over 100 unicorns in our country,” he said.

Speaking about the 2023 millet food festival, he said, “we want to secure energy from millets as it can be an alternative and cheap option”.

He also appealed for collaboration on traditional medicine. “India is one of the most economical countries in the world for medical and wellness tourism… We should enhance cooperation between SCO countries for traditional medicine,” he said.

“In April 2022, WHO inaugurated its Global Centre for Traditional Medicines in Gujarat. This was the first & only global center by WHO for traditional treatment. India will take an initiative for a new SCO working group on traditional medicines,” PM Modi said at the SCO Summit.

“India’s economy is expected to grow at the rate of 7.5% this year. I’m glad that ours is one of the fastest growing economies among the largest economies of the world,” said PM Modi during his remarks at the SCO Summit.

“The world is overcoming the COVID-19 pandemic. Several disruptions occurred in the global supply chain because of the COVID and Ukraine crisis. We want to transform India into a manufacturing hub,” said PM Narendra Modi at the SCO Summit in Samarkand.

Chinese President Xi Jingping on Friday extended good wishes to India on taking over the chair of the Shanghai Cooperation Organisation (SCO). Xi Jingping said his country will support India in organising the summit next year.

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