‘Chaos, danger, danger’: EAM Jaishankar says global order is heading towards ‘Twilight Zone’ India News

NEW DELHI: External Affairs Minister S Jaishankar on Tuesday expressed concern over the changing global order, which he said appears to be “heading towards a long twilight zone” which the minister predicted will be “chaotic, dangerous, unpredictable and even dangerous”.Speaking at the three-day FECC Global Economic Cooperation (GEC) Summit, Jaishankar said alternatives would be difficult to create but acknowledged that existing aspects of the world order “will coexist with elements of the emerging order”.

“The established global order is clearly changing before our eyes. Replacements are difficult to create and we appear to be heading towards a long twilight zone. It will be chaotic, risky, unpredictable, and possibly even dangerous. We are already seeing this in different regions. Aspects of the current order will coexist with elements of the emerging order,” the minister said.“As choices are made, economics will take a back seat to politics and security, and technologies in the age of artificial intelligence will be more transformative than ever,” Jaishankar said.The minister also highlighted how the world today is witnessing “the weaponization of production, finance, market shares and the tightening of export controls”.The minister said that in the context of the India-US trade deal and the “mother of all deals” with the EU barat It is engaging more deeply with international partners “from a vantage point”.He said: “India, relying on its own strength, is engaging more closely with international partners. The recent trade agreement proves this.”After a phone call with the Prime Minister Narendra Modi After meeting with US President Trump, the two sides recently announced that they would reduce US tariffs on Indian goods from 50% to 18%.Indian Commerce Minister Rajesh Agrawal earlier said that last month, India and the European Union (EU) completed negotiations on a proposed free trade agreement (FTA), which will help promote two-way trade and strengthen economic ties between the two sides.