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 >
IMF chief economist says Fed reduction in rate guidance is 'entirely appropriate'
IMF chief economist says Fed reduction in rate guidance is 'entirely appropriate'
Jun 26, 2026
By Andrea Shalal WASHINGTON, June 26 (Reuters) - The International Monetary Fund's chief economist on Friday said Federal Reserve Chair Kevin Warsh's plan to reduce forward rate guidance on monetary policy was entirely appropriate, although central banks would always need to provide some long-term guidance for markets. Pierre-Olivier Gourinchas, who leaves his post to return to academic life next week,...
US goods trade deficit widens sharply in May on imports
US goods trade deficit widens sharply in May on imports
Jun 26, 2026
WASHINGTON, June 25 (Reuters) - The U.S. trade deficit in goods widened sharply in May as businesses boosted imports to avoid shortages and higher prices related to the Middle East conflict, which could see economists cut their estimates for second-quarter gross domestic product. The goods trade gap increased 27.4% to $105.8 billion last month, the Commerce Department's Census Bureau said...
Fed Likely to Extend Pause Throughout Rest of 2026 Despite Hawkish Signal, Morgan Stanley Says
Fed Likely to Extend Pause Throughout Rest of 2026 Despite Hawkish Signal, Morgan Stanley Says
Jun 26, 2026
10:41 AM EDT, 06/26/2026 (MT Newswires) -- The Federal Reserve is likely to maintain interest rates stable for the rest of the year, despite its recent hawkish monetary policy statement, as inflation looks set to ease, Morgan Stanley said Friday in a report. Last week, the US central bank's Federal Open Market Committee kept interest rates unchanged, marking its fourth...
Kansas City Fed Services Index Falls in June
Kansas City Fed Services Index Falls in June
Jun 26, 2026
11:16 AM EDT, 06/26/2026 (MT Newswires) -- The Kansas City Federal Reserve's monthly composite services index fell to a reading of 5 in June after rising to 10 in May, suggesting a slower expansion. The other regional services measures already released have indicated a mixed reading. There was a decrease in the Kansas City revenue/sales reading to 3 from 12,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved