New Delhi: Prime Minister Narendra Modi has warned that the ongoing West Asia crisis has shaken the global economy and could take a long time to recover, cautioning that prolonged conflict may trigger serious consequences worldwide.
Addressing the Rajya Sabha this week, PM Modi said, “This war has created a serious fuel issue in the world. For India, too, this situation is concerning. The war has impacted our trade routes. With this, the routine supply of petrol, diesel, gas, and fertilizers has been affected,” he said.
Assuring that the government is closely tracking the rapidly changing situation and taking continuous steps to limit its impact on India, PM Modi said that "this crisis is of a different kind and its solutions are also being worked out differently. We have to face every challenge with patience, restraint, and a calm mind.”
Cautioning that the effects of the conflict could be long-lasting, the Prime Minister urged states to act swiftly against black marketing and hoarding of essential commodities and to take proactive steps for the poor and migrant workers. He recalled the coordinated response during the Covid period, calling for a similar “Team India” approach in the current crisis.
PM Modi said India has remained in constant contact with countries across the region, including Iran, Israel and the US, while pushing for a peaceful resolution.
Iran opens Hormuz route for 'friendly nation' IndiaIran announced that it would not impose a blockade on vessels belonging to five friendly nations, including India, in the Strait of Hormuz. Other than India, ships from Russia, China, Pakistan, and Iraq have been allowed safe passage through the conflict-torn chokepoint. In an interview with Iranian State TV, Foreign Minister Abbas Araghchi said that the Strait of Hormuz is not entirely closed, as ships belonging to several nations with whom Iran shares friendly ties were allowed to pass through. "Many of the shipowners, or the countries that own these vessels, have contacted us and requested that we ensure their safe passage through the strait. For some of these countries that we consider friendly, or in cases where we have decided to do so for other reasons, our armed forces have provided safe passage," Araghchi said, as reported by news agency Reuters. |
