Without mincing any words, External Affairs Minister S. Jaishankar stated that globalization has led to “weaponization” by the dominant players in the world. While concluding the official tour of Nigeria, EAM Jaishankar highlighted the negative aspects of globalization stating that it has designated currency, trade, and tourism as “weapons”.
During a discussion on Monday about the latest global order at the Nigerian Institute of International Affairs, Jaishakar raised some explosive questions about currency, trade, and tourism and also said that these tools aren’t just “innocent players” in the game; but have become tools of dominance.
EAM Jaishankar brought to the light how the existing world order, established in 1945 with only 25% of today’s United Nations members, persists as those in control are reluctant to share power with others. While talking about the current global agenda he stated that restoring the world to its natural diversity should be a collective objective. But, it was distorted by the Western domination.
Lastly, while interacting with the Bharatiyas in Nigeria, he pointed out how Bharat is going to surpass the US in cashless transactions, and threw light on certain major examples showcasing the transformation of Bharat in the last decade. He proudly added that India is the fastest-growing economy in the world.
He strongly emphasized the difficulties in achieving global diversity, noting that those who have held power for the past 200 to 300 years maintain their dominance by employing new instruments, techniques, and regimes. The former diplomat highlighted the new kind of imperialism that prevails in the modern world. He stressed on West’s reluctance to accept diversity in a way which benefits all and not just themselves.
During the discussion, he even underscored the importance of the Global South, emphasizing that it embodies a mindset, solidarity, and self-reliance. He asserted that the world might not witness planetary progress without the development of the Global South, and the current global discourse is centered on its advancement.
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