Citing risks associated with the concentration of global supply chains in a few countries, External Affairs Minister (EAM) S Jaishankar emphasized the need for a “multipolar” economic order on Tuesday.
Jaishankar is on three days visit to France to attend the European Union (EU) Ministerial Forum for Cooperation in the Indo-Pacific.
While addressing the French Institute of International Relations (IFRI) in Paris on the theme of ‘How India sees France’, Jaishankar said, “A multipolar world order requires a multipolar economic order. The pandemic has laid bare the concentration risk in international trade. Supply chains have become tools of political coercion. The prospects of technology de-coupling look real, even if they are in limited sectors.”
He further argued that India would like to see France, a major power with a global outlook and an…