New Delhi, External Affairs Minister S Jaishankar on Friday said India's growing weight will ensure that the overall balance in the world order remains in favor of freedom, openness, transparency and rules-based order. ,

In a virtual address at the Nikkei Future of Asia Forum, Jaishankar talked about geopolitical challenges, including "disregard" for international law and agreements in Asia and the Indo-Pacific, as well as the use of "economic coercion". I also talked. This is seen as a veiled reference to Beijing's actions and policies.

He said the world is undergoing change driven by geopolitical, geoeconomic and geotechnological developments and India's choices will have increasingly significant consequences.

“Today, the global order is clearly under stress, with Asia and the Indo-Pacific being a huge part of this change,” he said.But it's not just change we're seeing, it's also the ability to take a lot more risk."

He said, "This is visible in the conflict in Ukraine, violence in the Middle East, and disregard for international law and agreements in Asia and the Indo-Pacific. There are economic aspects to this, perhaps even more worrying."

Jaishankar argued that supply chain challenges, hyper-concentration arising from globalization and the use of "economic coercion" by states have put a premium on "resilience and redundancy".

“Equally important is the technology challenge which has created a new level of interoperability and interdependence.As a result, the era of AI (artificial intelligence), EV (electric vehicles), green and clean technologies has brought both hope and concern in equal measure,” he said.

"As both market share and data exploitation are leveraged, national security has become critical to many economic transactions."

Jaishankar said India's transformation is important to strengthen multipolarity in Asia, which is a prerequisite for a multipolar world.

He said, “India's growing weight will ensure that the overall balance in the world order remains in favor of freedom, openness, transparency and rules-based order.,

"Equally, its greater sense of responsibility and greater contribution is also making a difference. Indian naval ships are currently operating in the Red Sea to protect maritime navigation," he said.

The External Affairs Minister said India has been a "first responder" to natural disasters in the Indian Ocean, sometimes even beyond.

He said India's approach to an uncertain world is shaped by your broad horizons, broad interests and reformist agenda.

He said, “We believe that a free, open, safe, secure, peaceful, prosperous and stable Indo-Pacific is an essential precondition for peace, security and prosperity in the world.,

"In that effort, the India-Japan Special Strategic and Global Partnership is an important factor," he said.

In his address, Jaishankar also elaborated on India's relations with its neighbours, the Global South, the Gulf region, Central Asia and the member states of ASEA (Association of Southeast Asian Nations).

He said, "Today, India seeks to lead by example. The ongoing Indian elections highlight that democracy can indeed deliver results. That delivery is reflected in socio-economic benefits being delivered efficiently on an impressive scale." Is seen.,

"Be it digital delivery of public goods and services or ease of living, our start-up and innovation ecosystem or ease of doing business, India is now in a race to move forward while still trying to take leaps and bounds," he said.