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S. Jaishankar Comments on U.S. Foreign Policy Shift and Currency Perspectives

S. Jaishankar indicated that the U.S. foreign policy shift under Trump aligns favorably with India’s interests, supporting a multipolar world. He expressed optimism about the India-U.S. relationship while clarifying that India does not pursue replacing the U.S. dollar, valuing its role in global economic stability. He noted the lack of consensus among BRICS nations on currency issues.

External Affairs Minister S. Jaishankar has stated that the anticipated shift in U.S. foreign policy under President Donald Trump ‘suits India in many ways.’ He emphasized that this shift is reflective of a move toward a multipolar world order, aligning with India’s strategic interests. Jaishankar remarked that the foreign policy changes were not unexpected, indicating that political leaders often pursue their articulated agendas, which can sometimes be quite predictable.

During a discussion with Bronwen Maddox, Director of Chatham House, Jaishankar acknowledged India’s relationship with the U.S. as holding promising potential. He noted, “When I look at our interests and expectations for the relationship, I see a lot of promise.” The minister highlighted that India does not carry previous grievances regarding American leadership, indicating a smoother path forward in bilateral relations.

Regarding the BRICS nations, Jaishankar addressed the lack of consensus on replacing the U.S. dollar as the global reserve currency. He clarified that India does not have intentions to supplant the dollar, as it is fundamental to international economic stability. Instead, he stressed the importance of collaboration with the United States to enhance the international financial and economic systems. Jaishankar reflected a commitment to stability rather than a push for radical currency changes.

In conclusion, S. Jaishankar articulated that the U.S. foreign policy under President Trump aligns with India’s objectives, emphasizing a multipolar world. He conveyed optimism about the India-U.S. relationship and clarified India’s stance on the dollar’s role in global economics. The discourse also highlighted the disunity among BRICS members regarding currency replacement. Overall, India aims to prioritize economic stability through cooperation with the United States.

Original Source: www.hindustantimes.com

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