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Indian External Affairs Minister S Jaishankar is currently participating in the Munich Security Conference held in Munich, Germany. Where, he has emphasized on defense and trade cooperation with Russia. It has also been said that many western countries used to supply arms not to India but to Pakistan. However, these trends have changed over the past decade.
There has been diversification in the last 10-15 years
Jaishankar said, “It is true that many western countries kept supplying to Pakistan for a long time, but not to India. However, relations with America have changed in the last 10-15 years. Diversification occurred with the US, Russia, France and Israel as new suppliers.
Foreign Minister is currently in Germany
Let us tell you that Foreign Minister Dr. S. Jaishankar is currently in Munich, Germany. He is participating in the Munich Security Conference here. Meanwhile in an interview he highlighted the structural imbalance of the supply chain in the world and said that the world's economic model is unstable and unfair. He said the world has created an economic model that is unsustainable and inappropriate. In the name of globalization we have seen hyper-concentration in the world. The economy of many countries has become hollow.
Many countries depend on Ni for basic goods
Foreign Minister Jaishankar further said that many countries are dependent on others even for basic goods. However, we notice the problem immediately. Like, when Covid-19 came. Additionally, climate change and increasing attacks in the Red Sea have also become problems. It is not easy to say how big the problem is, but if we work on it everything will be fine.
Foreign Minister Jaishankar further said, 'The global system is currently facing many problems. Events like Covid, Ukraine war, Gaza war, NATO withdrawal from Afghanistan and climate change are happening all over the world. All these are challenges for us. However, it is not only about strengthening the international system, but also about changing this system. Who shapes it and on what basis? The international system should be further developed.
India and Russia maintain a strong strategic partnership
The External Affairs Minister further said that India and Russia have had a strong strategic partnership for decades. Which is based on historical relations and mutual interests. According to the Russian news agency, at the heart of this relationship is extensive defense cooperation with Russia serving as a major supplier of military equipment to India.
Recently, energy cooperation has become another strong pillar in bilateral relations. India's largest Kudankulam Nuclear Power Plant (KNPP) is being built in Tamil Nadu with technical assistance provided by Moscow.
Russia's expertise in nuclear technology has been instrumental in advancing India's capabilities if a mutually beneficial partnership is fostered. Both countries have resolved to strengthen their nuclear cooperation for energy security and technological advancement.