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 >
August S&P Global US Flash Manufacturing, Services Measures Both Indicate Expansion
August S&P Global US Flash Manufacturing, Services Measures Both Indicate Expansion
Aug 21, 2025
09:55 AM EDT, 08/21/2025 (MT Newswires) -- The August flash reading of manufacturing conditions from S&P Global rose to a 39-month high reading of 53.3 from 49.8 in July, compared with an expected reading of 49.7 in a survey compiled by Bloomberg as of 7:50 am ET. The index indicates a return to expansion in the sector which is in...
Economic impact of US tariffs will be key for US rating, says S&P analyst
Economic impact of US tariffs will be key for US rating, says S&P analyst
Aug 21, 2025
NEW YORK (Reuters) -S&P Global Ratings' decision to affirm its U.S. credit rating reflected the impact of tariff revenues, but questions remain on the economic outcome of U.S. trade policies that could influence the country's rating in the next few years, the primary analyst on the U.S. said. S&P on Monday affirmed its AA+ credit rating on the U.S., saying...
US business activity picks up in August, factories lead the way - survey
US business activity picks up in August, factories lead the way - survey
Aug 21, 2025
(Reuters) -U.S. business activity picked up pace in August, led by a resurgent manufacturing sector that saw the strongest growth in orders in 18 months, a purchasing managers survey showed on Thursday. S&P Global's flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, increased to 55.4 this month, the highest level since December, from 55.1 in...
US existing home sales tick up unexpectedly in July
US existing home sales tick up unexpectedly in July
Aug 21, 2025
(Reuters) -Sales of previously owned U.S. homes ticked unexpectedly higher in July, but the pace of sales remains sluggish amid affordability issues for buyers thanks to high house prices and interest rates on mortgages. Home sales rose 2.0% last month to a seasonally adjusted annual rate of 4.01 million units from 3.93 million in June, the National Association of Realtors...
Copyright 2023-2026 - www.financetom.com All Rights Reserved