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India extends $1 billion line of credit for development of Russia's Far East

IndiaTimes Thursday, 5 September 2019
Addressing the plenary session of the 5th Eastern Economic Forum here, Prime Minister Modi said the friendship between India and Russia was not restricted to governmental interactions in capital cities, but is about people and close business relations.
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News video: PM Modi set the tone for EEF meet

PM Modi set the tone for EEF meet 03:21

In a first-of-its kind move, Prime Minister Narendra Modi on Thursday announced a Line of Credit (LoC) of $1 billion for Russia's Far East region while expressing commitment to work with Russia in all areas for mutual development and progress.

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