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In context to India's participation in 5th Eastern Economic Forum (EEF), consider the following statements-
Which of the above statements are correct?
1 and 2 only
1, 2 and 3 only
1, 3 and 4 only
1, 2, 3 and 4
It is annual event held at Vladivostok, Russia to encourage foreign investment in the Russian Far East. It was established by decree of Russia President Vladimir Putin in 2015. It is aimed at supporting economic development of Russia’s Far East and to expand international cooperation in Asia-Pacific region.
This was the first instance of an Indian prime minister attending the East Economic Forum. The forum aims at bringing investment and development to what is known as the Russian Far East, a region extending between Lake Baikal - world's largest freshwater lake and deepest lake, and the Pacific Ocean.
India announced a credit line of $1 billion for the development of this region.
During his visit, India and Russia agreed for a sea link between Vladivostok, the capital of Russian Far East and Chennai. This will reduce the transport time from existing 40 days to 24 days.
By: Deepak Thakur ProfileResourcesReport error
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