Globalisation should be diversified and more democratic with multiple centres of production where the businesses can make a difference, External Affairs Minister S Jaishankar said at the B20 summit on Sunday.
He was speaking at the session titled the ‘Role of Global South in Emerging World 2.0’, organised as part of the B20 Summit India, 2023 in the national capital.
The summit was organised by the B20 India Secretariat of the Confederation of Indian Industry (CII).
“The volatility of the last few years has brought home to us the importance of strategic autonomy. We may talk about seeking a more just, equitable and participative global order but at the end of the day that will only happen when we see commensurate investment in trade and technology decisions,” Jaishankar said at the summit.
Jaishankar also touched on the evolution of the global world order from being political initially to gaining economic connotations that were accelerated by globalisation, with the advent of factors like technology, energy resources, connectivity and human ingenuity. (ANI)
