External Affairs Minister Dr. S. Jaishankar has called for national security filters for economic decisions, including those relating to investment.
Addressing the CII Partnership Summit in New Delhi, Dr. Jaishankar said, we are increasingly in an era of leveraging, if not of weaponization. He said that Policymakers have to place national security filters when it comes to economic decisions.
External Affairs Minister said, caution must be exercised in trade as the nature of commerce and supply chains in the world is such that orthodox precautions are not always adequate.
Dr. Jaishankar said, this is the trend the world over and we would ignore it at our own peril. Dr Jaishankar suggested collaborating with trusted partners to ensure growth. He said, these measures are aimed at creating substantial economic opportunities for India. Dr Jaishankar’s remarks come amid increasing global concerns over China’s aggressive trade practices.
On Donald Trump’s second term as the US President and the associated implications for India, he asserted that India’s strategic convergences with the US have only grown deeper with time which offers many collaborative opportunities.
