EAM seeks balanced approach towards business with China
Hindustan TimesIndia should have a balanced approach to business with China because of the troubled political relationship witnessed over the past four years and the imperative of not becoming dependent on a single supply chain, external affairs minister S Jaishankar said on Thursday. Though the recent understanding with China on resolving the remaining “friction points” on the LAC resulted in “some progress”, the two sides need to have further discussions on taking things forward, Jaishankar said at an event organised by the Associated Chambers of Commerce & Industry of India. Jaishankar also said India is in a “much more advantageous position” than many other countries to build deeper ties with the incoming Donald Trump administration in the US. Jaishankar said a “good customer” such as India also has the right to have better access to the Russian economy. Jaishankar said he had told Russian first deputy prime minister Denis Manturov during a meeting last month that the “Russian economy should open up much more to exports from India”.