Global Economic Impact of West Asia's Ongoing Crisis Raises Alarm
Prime Minister Modi highlights the severe economic impact of the ongoing crisis in West Asia, emphasizing the government's commitment to ensure the safety of Indians and maintain critical supply lines. With India deeply connected to the region through trade and its diaspora, urgent resolution efforts are necessary.
- Country:
- India
Prime Minister Narendra Modi has expressed deep concern over the worsening situation in West Asia, describing it as 'worrisome' due to its significant impact on the global economy and individual livelihoods.
Addressing the Lok Sabha, he emphasized the government's alertness and readiness to protect Indians in the conflict zones while managing critical gas and fuel supplies via the Strait of Hormuz, which have been disrupted by the ongoing crisis.
Modi reaffirmed India's strong trade relations with the region, highlighting the substantial Indian population residing there and stressing the need for a unified global response. He assured that necessary assistance for impacted families is being provided, despite the adverse effects on trade and national security.
(With inputs from agencies.)
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