Blitz Bureau
NEW DELHI: Prime Minister Narendra Modi on March 23 highlighted that the situation in West Asia amid the ongoing US-Israel- Iran conflict was worrisome and had a severe impact on the global economy and people’s lives.
PM Modi addressed the Lok Sabha and stated that these challenges were related to national security. He highlighted that unprecedented challenges due to the conflict were humanitarian as well. “The situation in West Asia is worrisome. This conflict has been going on for more than three weeks. It has a severe impact on the global economy and the lives of the people, and that is why the world is urging all sides for an early resolution to this conflict,” PM Modi said.
PM Modi said that India’s trade relations with countries in the West Asian region that were witnessing war, stating that a large part of the country’s need for crude oil and gas was met by the war-affected region. He informed that the region also remains crucial as it provides a route for India’s trade with other countries as well.
“This war has also posed unprecedented challenges for India. These challenges are economic, related to national security, and humanitarian as well. We have extensive trade relations with the warring and war-affected countries.
The region where this war is taking place is also an important route for our trade with other countries of the world. “In particular, a large part of our needs for crude and gas is met by this very region,” he added.
Highlighting that at least one crore Indian nationals reside in the Gulf countries, PM Modi said that India’s concern over the ongoing war was “naturally greater”.
