Stay updated with the latest - Click here to follow us on Instagram
President Pranab Mukherjee on Wednesday said that India was keen to work with the Pacific Island countries in harnessing their mineral, marine and hydrocarbon resources.
Addressing the heads of states from the Pacific Island countries at the Rashtrapati Bhavan, Mukherjee said these countries were generously endowed with natural resources and India would be happy to work with these countries in harnessing these resources.
Delegates from Pacific Island nations have converged here for the second summit of the Forum for India-Pacific Islands Co-operation (FIPIC) being held at Jaipur on August 21.
[related-post]
“We would be happy to work with you in harnessing your mineral, marine and hydrocarbon resources. Our Government and private sector are keen to strengthen and diversify our bilateral trade and encourage investments in fisheries, agriculture, oil and natural gas, mining and water desalination,” said the President.
The island nations participating in the second FIPIC summit include Fiji, Marshall Islands, Nauru, Niue, Palau, Papua New Guinea, Samoa, Tuvalu, Vanuatu, Cook Islands, Kiribati, Micronesia, Solomon Islands, Tonga.
“Towards this end, India’s annual grant-in-aid to each Pacific Island country has been enhanced from $125,000 to $200,000 last year. We hope this will support specific projects prioritised by you,” he said.
Modi will address the summit, which will be attended by heads of states or governments of at least nine countries of the grouping. “I welcome all the leaders and delegates who are coming to India for the Forum for India-Pacific Islands Cooperation,” tweeted Modi.
Stay updated with the latest - Click here to follow us on Instagram