India proposed a $1 billion loan line for Russia's Far East growth
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India has started a billion-dollar credit line for the growth of the Far East Russian region. PM Modi said, "This will conduct as a starting point for the strategy of 'act far east' India and the Far East have been linked since long. India was the first nation to open its Vladivostok consulate, he said explaining India's link with that portion of Russia. Even during the Soviet period, Indians could readily visit.