Union Minister for External Affairs S Jaishankar on Wednesday said in the Lok Sabha that the Ukraine and Russia conflict has had significant consequences on the global economy while the government is taking measures in the national interest to mitigate the impact.
Minister said, “The Minister underlined that the conflict has had significant consequences for the global economy, including India’s. Like all other countries, we too are assessing the implications and deciding what is best in our national interest.”
He revealed that after delivering vaccines to countries all over the world, India has been approached by many nations for the supply of wheat and sugar by many nations during the ongoing crisis. And we are responding positively.
He stated that fertiliser prices have a direct implication for the livelihood of the majority of the population, besides the food prices. Even the security of the nation is at stake as we maintain our defence posture in the manner that current security challenges warrant, he said.
He urged countries to respect the international law, sovereignty and territorial integrity of all States.
“This should bear in mind that contemporary global order has been built on UN Charter, on respect for international law, and for the sovereignty and territorial integrity of all States. If India has chosen a side, it is for peace while calling for an immediate end to violence,” said the EAM.
