'We are confident that the 'Look North' policy of the Pacific countries and the 'Look East' policy of India will dovetail to create new synergies as Pacific Island countries are rich in natural resources and there is a vast potential for cooperation in diverse spheres,' he said.

The Small Island Developing States (SIDS) are experiencing major adverse effects of climate change and adaptation to adverse impacts of climate change and sea-level rise remains a major priority for them, he said.

Krishna also unveiled a slew of initiatives for the Pacific Island states, including grant-in-aid of $125,000 each for the 14 eligible Pacific Island countries for the supply of equipment and materials for social and economic programmes and for sustainable development projects.

He offered continued training opportunities to all Pacific Island countries under the Indian Technical and Economic Cooperation (ITEC) programme and cooperation in the IT sector.