India announced a $1 billion line of credit (concessional loans) for the development of the resource-rich Far East region of Russia on Thursday. Explain this.

India announced a $1 billion line of credit (concessional loans) for the development of the resource-rich Far East region of Russia on Thursday. Explain this. https://timesofindia.indiatimes.com/india/india-goes-from-taking-to-giving-loans-to-russia/articleshow/71006873.cms https://timesofindia.indiatimes.com/india/india-goes-from-ta...