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Brunei is a vital partner in India's Act East Policy and Indo-Pacific vision: PM Modi

Published By : Admin | September 4, 2024 | 12:32 IST

Your Majesty,
Your Royal Highnesses,
Distinguished members of the royal family,

Excellencies,

Ladies and Gentlemen,

I express my heartfelt gratitude to His Majesty and the entire royal family for the warm welcome and hospitality. This is the first bilateral visit by an Indian Prime Minister to Brunei. However, with the closeness and warmth I have received here, I am reminded every moment of the centuries old ties between our countries.

Your Majesty,

Your Majesty, this year marks the 40th anniversary of Brunei’s independence. Under your leadership, Brunei has made progress with the confluence of tradition and continuity. Your vision for Brunei – "Wawasan 2035” is praiseworthy. On behalf of 1.4 billion Indians, I convey my best wishes to you and the people of Brunei.

Friends,

India and Brunei have deep historical and cultural ties. This year, we are celebrating 40th anniversary of our diplomatic ties. On this occassion, we have decided to commemorate our relations as Enhanced Partnership.

We had comprehensive talks on various aspects of our ties to give a strategic direction to our partnership. We are committed to strengthening our cooperation in economic, scientific, and strategic sectors. We have decided to strengthen our cooperation in FinTech and Cyber Security along with Agri-industry, pharmaceutical and health sectors.

Under energy sector, we discussed the potential for long term cooperation in LNG. To strengthen our defence cooperation, we held constructive dialogue on possibilities of cooperation in defence industry, training and capacity building. To strengthen our cooperation in Space sector, we have agreed on cooperation in satellite development, remote sensing, and training. To enhance connectivity between the two countries, direct flights will be commenced soon.

Friends,

Our people-to-people ties are the foundation of our relationship. I am happy that the Indian community in Brunei is making positive contributions to Brunei’s economy and society. With the inauguration of a new chancery of the High Commission of India yesterday, Indian community has found a permanent address in Brunei. We are grateful to His Majesty and his government for the welfare of Indian community in Brunei.

Friends,

Brunei is an important partner in India’s Act East Policy and Indo-Pacific Vision. India has always given priority to ASEAN Centrality and will continue to do so. We support freedom of navigation and overflight under interational laws like UNCLOS.

We agree that a Code of Conduct should be finalized in this region. We support the policy of development, and not expansionism.

Your Majesty,

We are grateful for your commitment to relations with India. Today a new chapter has been added to our historical ties. Once again, my deepest gratitude for the respect shown to me. I pray for the good health and prosperity of His Majesty, members of the royal family, and the people of Brunei.

Thank you very much.

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Prime Minister Narendra Modi has spearheaded a transformative push in India's renewable energy sector, positioning the nation as a global leader in sustainable energy initiatives. Under his leadership, India has not only made significant strides in increasing its renewable energy capacity but has also taken on pivotal roles in international renewable energy organizations. Notably, India co-founded the International Solar Alliance (ISA) with France, which aims to promote solar energy usage among its 99 member countries and mobilize substantial investments for solar projects. India's ambitious goal to achieve 500 GW of renewable energy capacity by 2030 reflects this commitment. The nation has successfully installed over 200 GW of non-fossil fuel capacity, making it the first G20 country to fulfill its climate commitments ahead of schedule. PM Kusum has been instrumental in ensuring reduction of dependency on fossil fuels from agriculture sector. Over 4 lakh farmers have benefited from the scheme . The PM Surya Ghar scheme exemplifies this approach by providing financial support for rooftop solar installations, allowing households to become power producers while also generating employment opportunities. This initiative not only promotes renewable energy but also helps families save on electricity costs. The PM Surya Ghar Muft Bijli Yojana, the world’s largest domestic rooftop solar initiative, is transforming India’s energy landscape with a bold vision to supply solar power to one crore households by March 2027

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2024 – 211 GW

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New Renewable Energy Capacity Additions

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Solar Power Growth

• Installed capacity increased from 72.31 GW in 2023 to 94.17 GW in 2024, marking a growth of 30.2%.
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Wind Power Contributions

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Government Progressive Reforms for Renewable Energy

100% FDI in Renewable Energy Space – The government has permitted Foreign Direct Investment (FDI) in Renewable energy sector up to 100 percent under the automatic route, which would help in foreign companies to set up their manufacturing plants, and help in creating employment opportunities as well.

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International Solar Alliance - India was re-elected as the President of the International Solar Alliance (ISA) for a two-year term

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‘Lifestyle for the Environment (LiFE) Movement - the vision of LiFE is to live a lifestyle that is in tune with our planet and does not harm it. And those who live such a lifestyle are called “Pro-Planet People”

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