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 >
Committee Could Take Longer to Be Confident on Inflation Improvement, St. Louis Fed President Musalem Says
Committee Could Take Longer to Be Confident on Inflation Improvement, St. Louis Fed President Musalem Says
Jun 18, 2024
02:10 PM EDT, 06/18/2024 (MT Newswires) -- The Federal Open Market Committee can be patient in waiting for additional evidence that inflation is slowing before lowering interest rate, or raise the rates further if needed, St. Louis Federal Reserve Bank President Alberto Musalem said Tuesday in remarks to the CFA Society St. Louis. The current policy posture balances the risk...
Fed can be 'patient,' needs more good inflation data: Logan
Fed can be 'patient,' needs more good inflation data: Logan
Jun 18, 2024
AUSTIN, Texas (Reuters) - Dallas Federal Reserve Bank President Lorie Logan on Tuesday said recent data showing inflation is cooling is welcome news but that the U.S. central bank can stay patient on interest-rate policy. We're going to need to see several more months of that data to really have confidence in our outlook that we're heading to 2%, Logan...
CBO projects FY 2024 US deficit to jump to $1.9 trln amid higher outlays
CBO projects FY 2024 US deficit to jump to $1.9 trln amid higher outlays
Jun 18, 2024
WASHINGTON (Reuters) - The U.S. budget deficit will jump to $1.915 trillion for fiscal 2024, topping last year's $1.695 trillion gap as the largest outside the COVID-19 era, the Congressional Budget Office said on Tuesday, citing increased outlays for student loans, Medicaid, bank failure costs and aid to Ukraine and Israel. The CBO said these higher outlays would make up...
Federal Reserve Watch for June 18: Multiple FOMC Officials Reiterate Patience, Data Dependence, Before Lowering Rates
Federal Reserve Watch for June 18: Multiple FOMC Officials Reiterate Patience, Data Dependence, Before Lowering Rates
Jun 18, 2024
02:25 PM EDT, 06/18/2024 (MT Newswires) -- Fed Governor Adriana Kugler (voter) said that it is possible that the FOMC could cut rates later in 2024 but said that currently inflation is too high and that further evidence that the recent improvement in inflation is continuing will be needed before the FOMC can act. St. Louis Fed President Alberto Musalem...
Copyright 2023-2026 - www.financetom.com All Rights Reserved