World “more multipolar” with key positions for powers like UAE: EAM S Jaishankar

External Affairs Minister S Jaishankar during his visit to Abu Dhabi said that the UAE will play a key role in a world that has become more multipolar with global politics, economics, and demographics. He also noted that India has immensely benefited from its close ties to UAE.

“I think the economics of the world, the politics of the world, and the demographic of the world is making the world more multipolar. And I would argue that it is actually the natural diversity of the world, which got distorted in history, which is now kind of coming back into play,” Jaishankar said

He said this on his official visit to the UAE and was speaking in an event at Anwar Gargash Diplomatic Academy (AGDA) in Abu Dhabi.

The Khaleej Times reported that UAE has become the global crossroads for the region. In recent years, UAE and Dubai make it into the list of ‘top five global cities in the world’.

Jaishankar also said that India’s association with the UAE has been very beneficial and it shapes and influences India’s thinking. It also provides India with the opportunity to work on other modernistic, progressive societies.

The external affairs minister said: “There is certain modernism and progressiveness in the UAE and debates here do not look at problems of the present and past only but it is a polity, which is actually trying to address the opportunities as well as the challenges.”

“For a big oil producer [UAE] to actually have such a big commitment to renewables such as hydrogen, I think, it is a very major statement,” the EAM said. In the next 25 years one huge factor of change is going to be demography, which will favour India as it is likely to be the most populous nation in the world, the federal minister said.

Jaishankar also pointed out how many established powers of today’s world will go through an enormous demographic change in the next 25 years. He said, “So, if I were to look at the economy, if I were to look at the demographic, if I were to look at the technology, I think a lot of these trends really point for us in a good direction.”

But he does not support the notion that the US is a declining superpower. “I am not a votary, frankly, of this declining US [theory]. I would say the evidence points to the US reinventing itself.”

According to a news report, the EAM said that he believes in this form of diplomacy and believes that it is here to stay, while talking about the Quad grouping, which includes UAE and India, and the I2U2 Group, where too both the countries are integral members.

Further Jaishankar expressed his confidence about the future of I2U2 Group, highlighting the latest developments such as the recent top-level Leaders’ Summit and launching two important projects on food corridor and green energy and said “There are a lot of interesting ideas on business, innovation and technology that are also evolving”.

“I think there’s a market out there, there’s a gap out there, there is an attraction among countries to find this kind of solution,” Jaishankar said.

The minister also talked about how globalisation has created a fragile world.

“What was projected as a solution to a lot of challenges for the entire world, and while contributing so] the globalisation itself created challenges such as inequities between states, within societies. It created winners and losers. It has actually created overconcentration in some places,” he said

Globalisation has to correct itself and broaden the ownership base and broaden the benefits of globalisation, the external affairs minister said in response to a question from WAM.

Earlier, Jaishankar co-chaired the 14th India-UAE Joint Commission with his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan. Both of them assessed the significant progress made in multiple domains of cooperation.

On Wednesday, Jaishankar visited the under-construction site of BAPS Shri Swaminarayan temple in the UAE. Terming it as a symbol of peace, tolerance and harmony, the EAM hailed the efforts of all Indians in building the iconic Temple.

There has been a regular exchange of high-level interaction between India and UAE in 2022.

PM Narendra Modi paid a visit to Abu Dhabi on June 28 and met UAE President Sheikh Mohammed bin Zayed Al Nahyan.

Prior to that, both leaders had also held a virtual summit on February 18 during which India-UAE Comprehensive Economic Partnership Agreement (CEPA) was signed and a vision statement adopted. Both leaders also participated in the I2U2 Summit held virtually on July 14, as per the ministry of external affairs.

Both India and UAE are committed to moving forward in their partnership in diverse areas, including trade, investment, conventional and renewable energy, food security, health, skill development, education, culture, defence, space, consular issues and people-to-people ties.

(with inputs from ANI)

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