The Economic Times

New multipolar world marked by sharp competition, transactional approach taking shape: Jaishankar

A multipolar world order is emerging with increased competition and many autonomous decision-making countries. External Affairs Minister S. Jaishankar emphasized the need for stronger national capacities in response to global changes. He highlighted India's past missed opportunities in manufacturing from the 1960s to the 1990s. Jaishankar noted that the US-China competition significantly contributes to global volatility and uncertainty.