He suggested that the broad policy of like-minded nations for the region was an expression of collective interests in promoting prosperity and securing global commerce.
The evolving situation in the Indo-Pacific region reflects the reality of globalisation, the emergence of multipolarity and the benefits of rebalancing, External Affairs Minister S Jaishankar (pictured) said on Tuesday.
At the inaugural session of the Indo-Pacific business summit, he suggested that the broad policy of like-minded nations for the region was an expression of collective interests in promoting prosperity and securing global commerce.
“The Indo-Pacific reflects the reality of globalisation, the emergence of multipolarity and benefits of rebalancing. It means the overcoming of the Cold War and rejection of bipolarity and dominance,” he said.
“Most of all, it is an expression of our collective interests in promoting global prosperity and securing global commerce,” Jaishankar added. He said India’s Indo-Pacific Oceans Initiative clearly validates this assertion.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
First Published: Tue, July 06 2021. 23:25 IST