India will be extending USD 1 billion line of credit for the development of Russia’s Far East region as Prime Minister Narendra Modi has vowed that New Delhi will walk shoulder-to-shoulder with Moscow in its quest for the development of the resource-rich region.

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“For the development of the Far East, India will give line of credit worth USD 1 billion. My government has actively engaged East Asia as part of its ‘Act East’ policy,” Modi was quoted as saying by news agency PTI during the plenary session of the 5th Eastern Economic Forum (EEF) in Vladivostok.Click Here: Spain Football Shop