By Reena Bhardwaj
Atlanta [US], November 1 (ANI): External Affairs Minister S Jaishankar has delivered India’s core diplomatic message on the G20 Foreign Ministers’ Meeting, emphasising peaceable dialogue, vitality market stability and diversified world manufacturing provide chains.
Speaking completely to ANI, Jaishankar detailed the proceedings of the high-level multilateral gathering, describing the diplomatic discussions throughout three principal plenary classes masking geopolitical challenges, vitality and meals safety, and resilient provide chains as partaking, open and constructive.
Reviewing the discussions through the first plenary session, Jaishankar highlighted New Delhi’s agency place that ongoing world conflicts require negotiated settlements moderately than navy escalation.
“Look, there are big conflicts today, two major conflicts which are having global ramifications,” Jaishankar famous, underlining that “there are no military solutions; we have to find a diplomatic pathway.”
He added that India’s proactive advocacy for peace resonated with a number of taking part overseas ministers through the formal conferences.
Turning to financial safety through the devoted discussions on vitality and meals safety, Jaishankar flagged severe issues dealing with creating economies, warning that synthetic disruptions and political interference in gas distribution channels have been inflicting extreme hardships globally.
“This distortion of the energy markets, the politicisation of energy flows, this is something which is very harmful,” he acknowledged, cautioning that “the Global South was bearing the brunt of the energy shortages and that something needs to be done.”
Furthermore, the Minister addressed rising vulnerabilities affecting agricultural stability, pointing to grain cargo disruptions attributable to bottlenecks within the Black Sea, alongside fertiliser shortages exacerbated by regional tensions within the Persian Gulf and Red Sea corridors.
Addressing the concluding plenary session on industrial resilience, Jaishankar outlined New Delhi’s strategy to mitigating systemic financial shocks via better industrial diversification.
“Today we need more diversified supply chains,” Jaishankar emphasised, advocating for “more globalised, you know, more diversified production, more diversified manufacturing.”
He additional confused that the worldwide business structure have to be protected in opposition to systemic vulnerabilities, mentioning that “there isn’t that over concentration” and “the world is not dependent on a single geography.”
Building on these themes, External Affairs Minister S Jaishankar on Saturday referred to as on the G20 to withstand “predatory practices”, promote “the right to industrialise” and work in the direction of the “de-politicisation of markets” because the grouping’s Foreign Ministers’ Meeting in Atlanta concluded with a session on provide chains.
“The @G20org #Atlanta today concluded with the Plenary III focused on Supply Chains,” EAM Jaishankar stated in a publish on X after the session.
Outlining the problems he raised, he stated, “Securing supply chains and ensuring their resilience is today central to the well-being of the global economy.”
“The right to industrialise must be promoted; predatory practices and targeting competition should be firmly resisted,” he stated.
EAM Jaishankar stated, “Diversification and de-risking, including in connectivity, is the key to supply chain resilience, threatened by pandemics, conflicts, climate events and mishaps.”
He additionally stated, “De-concentration of the global economy and optimisation of production across geographies can discourage the weaponisation of finance, resources, production and market share.”
“The G20 should work towards de-politicisation of markets,” he stated.
“G20 countries must reconcile their national interests for the collective good by promoting transparent and multiple supply chains, making the global economy truly multi-stakeholder,” EAM Jaishankar stated.
US Secretary of State Marco Rubio, who hosted the assembly, additionally positioned provide chains on the centre of the closing session.
“At the closing @G20org Foreign Ministers’ Meeting, I made clear to our partners that secure supply chains are essential for growth,” Rubio stated in a publish on X.
“Critical trade routes, including the Strait of Hormuz and the Bab al-Mandeb Strait, must remain secure and open to commerce. And we must continue to strengthen and expand critical mineral supply chains to protect our future,” he stated.
Earlier on Saturday, EAM Jaishankar took half within the Quad Foreign Ministers’ Meeting in Atlanta with Rubio, Japanese Foreign Minister Toshimitsu Motegi and Australian Foreign Minister Penny Wong.
“Pleased to participate in the QUAD Foreign Ministers’ Meeting in Atlanta, the third this year after our earlier interactions in New Delhi and Manila,” he stated on X.
Among the factors he underlined have been “Deepening cooperation to promote supply chain resilience and ensure technology, critical minerals & energy security” and “Countering non-market practices and increased economic stresses in the Indo-Pacific.”
On the sidelines of the G20 assembly, EAM Jaishankar additionally met Russian Foreign Minister Sergey Lavrov.
“Discussed the Ukraine conflict, Gulf situation and multilateral issues with FM Sergey Lavrov of Russia,” he stated in a publish on X.
The US holds the G20 presidency this 12 months. (ANI)Â