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Jaishankar Says US, China in Competitive Mode, Urges Diversification
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In Short: External Affairs Minister S Jaishankar said the US and China are in a competitive mode and urged countries to diversify their ties.
External Affairs Minister S Jaishankar said the US and China are in a competitive mode, urging other countries, including India, to diversify their ties to secure their own interests.
Speaking at the Asia Society Policy Institute in New York, Jaishankar noted that while the US and China may have points of convergence, their overall relationship is competitive.
Jaishankar highlighted the complexity of the Indo-US trade deal negotiations, stating that both sides have reached a situation where there is 'more or less an understanding on the trade agreement.
He also pointed out that the rest of the world is making its own arrangements in light of the changing dynamics between the US and China.
Jaishankar emphasized the stakes and complexity involved in the India-US trade negotiations, noting that India has faced unique challenges from terrorism from a neighboring country for decades.
While discussing the 'G2' summit between US President Donald Trump and Chinese President Xi Jinping, Jaishankar said the rest of the world is coming to terms with a different America and the ongoing conversation between the US and China.
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- Referring to the ‘G2’ summit between Trump and Xi in Washington last week, Jaishankar said when the second most consequential or the weightiest economy joins the first, “they may have their points of convergence” but “overall they are in a competitive mode”.
- “There are limits to what the two of them can agree upon vis-a-vis the rest of the world. And that then leaves the rest of us, and the rest of us are coming to terms today with a very different America, with the fact that there is also today a certain conversation taking place between America and China,” he said, adding that the rest of the world is busy making its arrangements.
- That we feel that… as a country perhaps there are very few countries which have been subjected to the kind of terrorism that we have from a neighbour as part of a deliberate, conscious policy over many, many decades.” “Now, if something which matters so deeply to us, there isn’t enough understanding or appreciation or empathy of that, I think that creates a problem too.