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India to offer Russia $1.0b loan to develop Far East

FE Team | Published: September 05, 2019 17:23:49 | Updated: September 05, 2019 18:41:25

Indian Prime Minister Narendra Modi attends a meeting with Russian President Vladimir Putin on the sidelines of the Eastern Economic Forum in Vladivostok, Russia Sep 4, 2019. REUTERS

Indian Prime Minister Narendra Modi said on Thursday that India would offer Russia a $1.0 billion credit line to help develop the Russian Far East.

Modi was speaking at an economic forum in the city of Vladivostok in Russia’s Far East, reports Reuters.

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