New Delhi, March 9 -- Amid raging conflict in West Asia and Middle East, External Affairs Minister Dr S Jaishankar on Monday told Parliament that supply chain disruptions and climate of instability in the region have posed serious concerns.
The Minister noted that the Gulf region is a major partner of India and accounts for about USD 200 billion in bilateral trade annually.
He stated that in the last decade there have been significant investments from the region into the Indian economy.
Therefore, the serious supply chain disruptions and climate of instability that we perceive are serious issues, Jaishankar said.
The Minister said that the conflict in the region has continued to intensify and the security situation has deteriorated...