Raisina Dialogue: S Jaishankar expresses concern over weaponisation of trade
6 days, 10 hours ago

Raisina Dialogue: S Jaishankar expresses concern over weaponisation of trade

Hindustan Times  

The weaponisation of tariffs and export controls is forcing India to find trade partners who are more trustworthy, reliable and transparent, external affairs minister S Jaishankar said on Wednesday. Speaking at the Raisina Dialogue, India’s flagship conference on geopolitics, the EAM made no direct reference to US President Donald Trump’s threat to use tariffs against a range of partners and said the focus should be on bolstering business while navigating the weaponisation of financial flows and technology. If one looks at the last decade, we have seen a much greater weaponisation of pretty much any kind of economic activity,” Jaishankar said at a session with the theme ‘Commisars and Capitalists: Politics, business and new world order’. Jaishankar pointed to several ways of dealing with the weaponisation of trade, including staying on the “right side of the weapon so you don’t get hit”, and finding more trustworthy partners that present fewer risks. Our effort is to maximise our options to increase our turnover, to improve our technology.” Joel Kaplan, chief global affairs officer of Meta, while participating in the discussion, noted the Trump administration has a different orientation towards social media companies and American tech firms, and is interested in promoting American technology and “advancing Western values in technology”.

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