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Dr. Jaishankar said that today challenges like ‘tariff instability’ and ‘uncertain market access’ are facing the world. Because of this, ‘de-digging’, reduced the risk for many countries, has now become a compulsion. He made it clear that when it comes to business, some non-military methods play with global rules and systems, which makes the whole world depend on some limited markets. Dr. Jaishankar warned that if the international trade would be made a political weapon, it will not only affect the global global chain but will also have the most impact on developing countries. His statement was a clear indication that India would not accept any unilateral pressure policy.

Russia praises India

At the same time, Russian External Affairs Minister Lavarov praised India’s independent foreign policy and the leadership of Prime Minister Narendra Modi. Russian External Affairs Minister Sergei Lavarov said that the economic relations of India-Russia are not in danger despite the secondary sanction and pressure imposed by the US. He also emphasized that the relationship between India and Russia is not just economic but a ‘privileged strategic partnership’. He reminded that recently Prime Minister Modi and President Putin met at the Shanghai Cooperation Organization (SCO) conference held in China and Putin’s visit to India in December.

‘Russia-India will not decide the third country’

He said that India and Russia have deep cooperation in many areas such as trade, defense, technology, health, AI and coordination in global forums. Lavrov gave a clear message to the US that the India-Russia relations will not be decided on the terms of a third country. He said, ‘India can talk to them whatever conditions America want to present. But the relations between India and Russia will be decided only between the two countries, not from any third country. He further said, ‘We have full respect for the national interests of India and the foreign policy of Narendra Modi.’