Prime Minister Narendra Modi addressed the Plenary Session of 5th Eastern Economic Forum on Thursday. He said India will extend line of credit worth USD 1 billion (more than Rs 700 crore) for the development of Russia's Far East Region. "India and Russia’s Far East have enjoyed close ties for ages. When Vladivostok was not open for other foreigners, it was open for Indians. India was the first to open its consulate here," he added. Watch his full statement.