CURRENT AFFAIRS

Detailed explanation-1: -India’s Envoy To Lead Eastern Economic Forum In Russia’s Vladivostok . PM Narendra Modi delivered a video address during the plenary session of the 6th EEF held on September 3, 2021 in Vladivostok, where he was the chief guest for the 5th EEF in 2019-the first by an Indian PM.

Detailed explanation-2: -The Eastern Economic Forum (EEF) is an annual international forum that takes place in Vladivostok, Russia.

Detailed explanation-3: -Recently, Russia hosted the 7th Eastern Economic Forum (EEF) at Vladivostok. The forum is a platform for entrepreneurs to expand their businesses into Russia’s Far East (RFE).

Detailed explanation-4: -A balance between the EEF and the Indo-Pacific Economic Framework(IPEF): Investment in EEF: India has not shied away from investing in the Russia-initiated EEF despite the current international conditions. Acceptance to IPEF: India has given its confirmation and acceptance to three of the four pillars in the IPEF.