India Urges Fair Global Order Amid US Tariff War and Russian Oil Purchase

India’s External Affairs Minister, S Jaishankar, has emphasized the need for a fair global order, citing the ongoing US tariff war and India’s increased purchases of Russian oil. The minister’s comments come as the US has imposed tariffs on Indian goods, sparking a trade war between the two nations. Meanwhile, India has been increasing its purchases of Russian oil, despite Western sanctions on Russia. Jaishankar stated that the current global order is unfair and favors the interests of a few powerful nations. He argued that this has led to a lack of trust and cooperation among nations, exacerbating global challenges such as climate change and pandemics. The minister also highlighted the need for a more multipolar world, where the interests of all nations are taken into account. He emphasized that India is committed to working with other nations to promote a fair and equitable global order. The US tariff war has had a significant impact on India’s economy, with Indian exports to the US facing tariffs of up to 25%. India has retaliated by imposing tariffs on US goods, leading to a trade war between the two nations. The trade war has also had a negative impact on global trade, with the World Trade Organization (WTO) warning of a potential decline in global trade. Meanwhile, India’s purchases of Russian oil have increased significantly, with India becoming one of the largest buyers of Russian oil. The move has been seen as a strategic decision by India to reduce its dependence on Middle Eastern oil and to strengthen its ties with Russia. However, the move has also been criticized by Western nations, which have imposed sanctions on Russia over its actions in Ukraine. Jaishankar defended India’s decision to purchase Russian oil, stating that the country needs to ensure its energy security and that it will not be dictated to by other nations. He also emphasized that India is committed to working with other nations to promote a fair and equitable global order. The minister’s comments have been seen as a significant shift in India’s foreign policy, with the country increasingly asserting its independence and promoting its own interests on the global stage. The move has also been seen as a challenge to the US and other Western nations, which have long dominated global affairs. As the global order continues to evolve, India is likely to play an increasingly important role in shaping global affairs. The country’s growing economy and strategic location make it an important player in regional and global affairs. Jaishankar’s comments have also been seen as a call to action for other nations to work together to promote a fair and equitable global order. The minister’s emphasis on the need for a multipolar world has been welcomed by many nations, which see the current global order as unfair and dominated by a few powerful nations. However, the path to a fair and equitable global order will not be easy, and will require significant cooperation and compromise among nations. The US tariff war and India’s purchases of Russian oil are just two examples of the challenges that nations face in promoting a fair and equitable global order. Despite these challenges, Jaishankar remains optimistic about the potential for nations to work together to promote a fair and equitable global order. He emphasized that India is committed to working with other nations to address global challenges and to promote a more just and equitable world. The minister’s comments have been widely welcomed, and are seen as an important contribution to the ongoing debate about the future of the global order. As the world continues to evolve and face new challenges, the need for a fair and equitable global order has never been more pressing. Jaishankar’s call for a fair global order is a timely reminder of the need for nations to work together to promote a more just and equitable world.

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