The world is undergoing “deep changes across a broad swathe of human activity in a short timeframe”, affecting trade, technology, energy and even warfare, warned External Affairs Minister Dr S. Jaishankar. “The strategic consequences of such deep change are surely profound,” he said. “Cooperation is giving way to confrontation” and long-standing global rules are being “revisited and at times even discarded.”
Addressing the Aravalli Summit on ‘India and the World Order: Preparing for 2047’, held at Jawaharlal Nehru University (JNU) and organised by the Ministry of External Affairs (MEA) along with the Chintan Research Foundation (CRF), Dr Jaishankar pointed out that a third of global manufacturing has shifted to one region, creating new vulnerabilities in supply chains. “Cost is no longe