Economics will give way to politics and security in how nations make choices, Jaishankar says
The Hindu
Jaishankar highlights India's strengthened global partnerships and recent trade deals amid a changing global economic landscape.
Political and strategic considerations will overshadow economic ones in the choices that countries make going forward, Minister of External Affairs S. Jaishankar said on Tuesday (February 17, 2026).
Speaking at the Global Economic Cooperation 2026 summit organised by the Future Economic Cooperation Council, Mr. Jaishankar asserted that the world has entered a volatile and uncertain period, “possibly the most turbulent in living memory”.
“Long-standing assumptions and expectations have now been questioned,” he said. “Key dimensions are transforming simultaneously, be they political, strategic, economic or technological. Solutions lie in de-risking and diversifying across multiple dimensions. This approach is increasingly visible in the policies of nations as much as in the choices of enterprises.”
“Economics will give way to politics and security when it comes to making choices, and technology will be even more transformative than ever before,” Mr. Jaishankar said.
The Minister explained that India’s response is to further build national capabilities, address growth challenges comprehensively, and deal with both short-term issues and long-term prospects.
“The reform express will continue to roll on,” Mr. Jaishankar asserted. “This has implications both on the supply and the demand side. From a position of strength, India is engaging international partners more intensively. This is demonstrated in recently-concluded trade deals. We will also be more salient in global production, services, technology, skills, and talent.”
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