Minister of External Affairs, S Jaishankar, on Friday set out India’s strategy to mitigate the impact of some of the geopolitical realities that the world is faced with today – including the Russia-Ukraine conflict, an escalation of the Iran-Israel conflict that can potentially spread to the Middle East, the three crises of fuel, food, and fertilizer — while continuing to stabilize the world. While India’s export promotion efforts would continue along with strong partnership building, Jaishankar suggested that the current times call for something more than business-as-usual where ‘trust’ and reliability’ will become critical factors.
“These would be particularly important in the areas of de-risking supply sources and enhancing collaboration in sensitive, critical, and emerging technologies. We firmly believe that India will develop all the requisite national strengths that will make it a leading power in the times to come,” the EAM stated during his address at CII summit. “The continued focus on reforms requires the support of industry,” Jaishankar added.
Speaking on the many global challenges faced by India and the world since the Covid-19 pandemic, Dr. Jaishankar stated that India has seen robust growth with the help of sweeping reforms and a sharp focus on capital spending with a focus on infrastructure development.