financetom
Economy
financetom
/
Economy
/
India has proved it's now an 'exceptional' global power: S. Jaishankar
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
India has proved it's now an 'exceptional' global power: S. Jaishankar
Feb 21, 2023 11:08 AM

India has been able to demonstrate to the world that we are an exceptional international power, External Affairs Minister S. Jaishankar said on Tuesday, February 21.

Share Market Live

NSE

“On big global issues today, I think the expectation is that India would have an opinion. We have been able to demonstrate to the world that we are an exceptional international power,” Jaishankar said in an interview with news agency ANI.

Today, India’s global standing is clearly very much higher and quite strong. India’s relationship with major powers is good. The relationship with Europe

is best ever we have had, he said, adding that the exception is China because it has violated agreements.

China is an exception because it violated agreements that we have and has a posture at the border, and as a result, we have a counter posture, he said.

On Russia, he said the relationship has been extraordinarily steady and it has been steady through all the turbulence in global politics, Jaishankar said.

He dismissed the Opposition’s criticism on foreign affairs and said today we are in a good position.

The Opposition's job is to criticise. They (are the ones who) said (the Davos Summit) must have been on a holiday throughout January when we had 120 countries mainly from Global South engaging with us.

We have good relations with US, and the West in general. It’s in national interest, he said.

India is going up, it’s going well. Why do we have so many partnerships? Because we get along with so many people. How we are to manage different partnerships? Maybe because we are good at it, he said on India partnering in groupings like QUAD and others.

Interestingly, Jaishankar said he was sure the Gulf countries would prefer Prime Minister Narendra Modi to his predecessors.

“The Gulf sees today’s India as much more credible than the India of 10 years ago. You ask people in the Gulf, do you prefer PM Modi or his predecessors? I am willing to take a bet that every one of the Gulf countries will say they prefer PM Modi,” he said.

On Pakistan’s economic crisis, the foreign minister said India will not be in a position today to be relevant to their reform and revival process.

“Pakistan’s future is largely determined by its own actions and choices. Nobody reaches a difficult situation suddenly without cause. It is for them to find out. Today, our relationship is not one where we can be relevant directly to that process,” he said.

On the one thing that has shaped global views about India significantly, he said: “Vaccine maitri.”

Also read: Jaishankar hails Vajpayee for his diplomacy post 1998 nuclear tests

(Edited by : Shoma Bhattacharjee)

First Published:Feb 21, 2023 8:08 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
February Unemployment Rate Declines Largest in Tennessee and Wisconsin, Rise Largest in Rhode Island
February Unemployment Rate Declines Largest in Tennessee and Wisconsin, Rise Largest in Rhode Island
Mar 22, 2024
10:18 AM EDT, 03/22/2024 (MT Newswires) -- State-level data released by the Bureau of Labor Statistics Friday showed the unemployment rate fell in three states in February, rose in three and held steady elsewhere. The largest unemployment rate declines were in Tennessee and Wisconsin, where it fell by 0.2 percentage point in each state. The largest unemployment rate gain was...
US equity funds draw biggest weekly inflow in nine months
US equity funds draw biggest weekly inflow in nine months
Mar 22, 2024
(Reuters) - U.S. equity funds witnessed robust demand in the seven days to March 20, buoyed by Wall Street's continued rally and expectations of Federal Reserve rate cuts later this year. According to LSEG data, investors acquired a net $14.07 billion worth of U.S. equity funds during the week, logging their largest net weekly purchase since mid-June 2023. The S&P...
US House passes $1.2 trillion spending bill, sends to Senate
US House passes $1.2 trillion spending bill, sends to Senate
Mar 22, 2024
WASHINGTON (Reuters) - The Republican-controlled U.S. House of Representatives on Friday passed a $1.2 trillion bill to keep the government funded through September, leaving the Democratic-majority Senate hours to act before a partial government shutdown deadline at midnight. The 286-134 vote signals the coming end to a more-than-six-month battle over the scope of Washington's spending for the fiscal year that...
US Dollar Advances After China Nudges Currency Lower
US Dollar Advances After China Nudges Currency Lower
Mar 22, 2024
10:17 AM EDT, 03/22/2024 (MT Newswires) -- The US dollar was broadly higher for a second day as a sharp decline in the Chinese yuan and widespread weakness across other Asia-Pacific currencies featured in global foreign exchange trading Friday. The People's Bank of China set a lower-than-expected daily fixing for the yuan, often a sign that officials are managing the...
Copyright 2023-2024 - www.financetom.com All Rights Reserved