Prime Minister Narendra Modi says the ongoing West Asia crisis is likely to continue disrupting supply chains and markets, with longer-term effects on food, fuel and fertiliser availability for countries in the Global South. Speaking at the G7, Modi argues that these disruptions can translate into broader economic impacts, rather than remaining short-lived shocks. He calls for the G7 and other partners to strengthen support mechanisms for developing nations, highlighting the vulnerability of economies that depend on stable access to energy and agricultural inputs. Modi’s remarks focus on the need for more robust international measures to help developing countries manage risks arising from conflict-related instability. The intervention also frames the issue as one that requires coordinated action, given the potential for prolonged price pressures and shortages. While the comments center on the consequences of the West Asia conflict, they emphasize that targeted support for affected developing economies is part of the response.
PM Modi tells G7 West Asia crisis could disrupt Global South food, fuel and fertiliser supply chains
Prime Minister Narendra Modi says the ongoing West Asia crisis is likely to continue disrupting supply chains and markets, with longer-term effects on food, fuel and fertiliser availability for countr...
- Prime Minister Narendra Modi addresses the G7 on the impact of the West Asia crisis.
- He says disruptions are likely to affect Global South supply chains for food and fuel.
- He adds that fertiliser supply chains could also be affected.
- Modi warns these disruptions may last and lead to longer-term economic consequences for developing countries.
- He urges stronger support mechanisms for developing nations.
PM Modi urges stronger support mechanisms for developing nations, warns that disruptions from the West Asia conflict could have lasting economic consequences for the Global South.
2 months agoPM Modi urges stronger support mechanisms for developing nations, warns that disruptions from the West Asia conflict could have lasting economic consequences for the Global South.
2 months ago
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