In Mumbai, External Affairs Minister S Jaishankar spoke at the 19th Nani A Palkhivala Memorial Lecture, discussing India's foreign policy. He emphasized the challenges posed by the "weaponisation of market instruments and financial institutions" and India's need to grow internally and de-risk externally. Jaishankar highlighted the importance of political stability, inclusive growth, and reforms, focusing on manufacturing, food, and health security.
Jaishankar called for strategic autonomy, ensuring India is not anti-west despite being non-west. He described India as a "Vishwabandhu," a reliable partner and friend, aiming to maximize friendships and minimize problems. He noted India's ability to advance diverse relationships without exclusivity, bridging divides in polarized situations.
Jaishankar stressed the importance of ties with regional players and middle powers, enhancing India's diplomatic profile in the Gulf, Africa, and the Caribbean. He summarized India's approach with "three mutuals": mutual respect, sensitivity, and interest. Initiatives like the International Solar Alliance, CDRI, Global South Summit, G20 presidency, and COVID vaccine supply were highlighted as strengthening India's global standing.
EAM stands for External Affairs Minister. This is a person in the Indian government who is responsible for managing India's relationships with other countries.
S Jaishankar is the current External Affairs Minister of India. He helps India communicate and work with other countries.
This is an event held in memory of Nani A Palkhivala, who was a famous Indian lawyer and economist. People give speeches here about important topics.
Foreign policy is a plan that a country uses to decide how it will interact with other countries. It includes things like trade, peace, and security.
This means using economic tools like trade and finance as weapons to influence or harm other countries.
Strategic autonomy means a country makes its own decisions independently, without being influenced by other countries.
Vishwabandhu is a Sanskrit word meaning 'friend of the world.' It suggests that India wants to be a reliable and friendly partner to other countries.
The International Solar Alliance is a group of countries working together to use solar energy to help the environment and reduce pollution.
The G20 is a group of 20 important countries that discuss global issues. When a country has the presidency, it leads the meetings and sets the agenda for discussions.
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