Govt’s ‘Look East’ & ‘Act East’ to revive trade with Indian Ocean Rim countries

23-Mar-2015 # ActEast Source: The Indian awaaz

Defence Minister Manohar Parrikar has said that the NDA government’s importance on the ‘Look East’ and ‘Act East’ foreign policy is aimed at reviving the trade and renewing the country’s age-old links with Indian Ocean Rim countries. He said, Indian Ocean and its rim countries are the place having 56 to 57 per cent of world oil reserve and have about 45 per cent of the world’s gas deposits.

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