World in 'Twilight Zone': Jaishankar Highlights Global Volatility and India's Strategic Response
In a compelling address at an economic forum in Mumbai, External Affairs Minister S. Jaishankar delivered a stark warning about the evolving international landscape. He described the world as entering a prolonged "twilight zone" characterized by significant volatility and deep structural changes. This period, he emphasized, is marked by the weaponization of critical global systems, including production networks, finance, and export controls, which are reshaping the balance of power worldwide.
Shifting Global Dynamics and India's Proactive Stance
Jaishankar pointed out that as the old global order undergoes transformation, viable alternatives have yet to emerge, creating a state of uncertainty. However, he firmly stated that India is not retreating from this challenging environment. Instead, New Delhi is actively deepening its engagement with international partners from a position of strength. This strategic push is backed by concrete actions, such as recent trade agreements and significant tariff reductions.
Following high-level discussions between Prime Minister Narendra Modi and former U.S. President Donald Trump, the United States has implemented sharp cuts in tariffs on Indian goods. Additionally, negotiations with the European Union have progressed, further solidifying India's economic ties. Jaishankar's message is clear: in an era defined by unpredictability, India aims to shape outcomes rather than merely absorb external shocks.
Implications for India's Foreign Policy and Global Role
The minister's remarks underscore India's commitment to navigating this "twilight zone" with resilience and strategic foresight. By leveraging its growing economic clout and diplomatic networks, India seeks to influence global developments proactively. This approach not only enhances its own security and prosperity but also contributes to stabilizing the international system amidst ongoing shifts.
As the world grapples with these changes, Jaishankar's insights highlight the importance of adaptive strategies and robust partnerships. India's efforts to secure favorable trade terms and strengthen alliances reflect a broader trend of nations recalibrating their policies in response to a more fragmented and competitive global landscape.