PM Modi Well-Qualified to Serve as Key Mediator Between Russia and Ukraine, Mark Mobius

Speaking on the sidelines of the 'NDTV World Summit 2024', 88-year-old Mobius said: "India is in a very good position to be able to act as a mediator for peace on the world stage.".

Prime Minister Narendra Modi will be well qualified to become a key mediator to help end the ongoing Russia-Ukraine war as India has shown its ability to be neutral and to be fair to all, ace global investor Mark Mobius said on Monday.

Speaking on the sidelines of the 'NDTV World Summit 2024', 88-year-old Mobius said: "India is in a very good position to be able to act as a mediator for peace on the world stage.".

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"The country has shown its ability to be neutral and to be fair to all, so it could be a great mediator between Russia and Ukraine. PM Modi is very well qualified to be a key mediator in the world today," Mobius stressed.

Joining global leaders, who are batting strongly for India getting a permanent seat on the United Nations Security Council, Mobius said the country deserves a permanent seat on UNSC given the size of India's economy and population.

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"India's growth story is continuing. It is very much in line and is at a take-off stage to become one of the developed economies in coming years," Mobius told IANS.

As he turned 88 in August, Mobius announced plans to launch a new fund in January next year, in a rapidly changing financial landscape where innovation presents unprecedented opportunities.

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Earlier in the day, former British Prime Minister David Cameron endorsed India's mediatory role in the Russia-Ukraine war and said it has the credibility as well as goodwill to arrange a truce between the two warring nations. At the summit, Cameron said that given that India and Britain are the largest and oldest democracies in the world, much lies in common and these two countries share a common responsibility of making the world a better place to live.

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