July 8, 2021
4 mins read

Indo-Pacific collaboration key to recovery: Jaishankar

Noting that the Covid-19 had brought out many inadequacies in the global health system and the resulting debates are taking place elsewhere, the EAM said…reports Asian Lite News.

Even as the world deals with a global pandemic, the collaboration among the governments, businesses, medical and scientist professionals of the Indo-Pacific region will lead to a post-pandemic economic recovery, said External Affairs Minister S Jaishankar on Tuesday.

Speaking at the inaugural session of the 1st edition of the Indo-Pacific Business Summit, Jaishankar said, “Indo-Pacific reflects the reality of globalization, the emergence of multi-polarity and the benefits of rebalancing. It means the overcoming of the Cold War and a rejection of bipolarity and dominance. Most of all, it is an expression of our collective interest in promoting global prosperity and securing the global commons. The Indo-Pacific Oceans Initiative advanced by India clearly validates this assertion.”

Noting that the Covid-19 had brought out many inadequacies in the global health system and the resulting debates are taking place elsewhere, the EAM said, “Whether it is the next wave, the next pandemic or indeed something quite different, part of the answer lies in greater international collaboration. By that I mean the working together not just of Governments, but of businesses and the medical and scientific professions.”

Further the minister noted that the compulsions of the Covid era have all made us much more digital. “This may be literal in terms of contact tracing and vaccination registration; facilitative in terms of home delivery and virtual calls; or just a lifestyle, in case of Work From Home. New opportunities and efficiencies have been discovered in that process. And accordingly, the risks too have magnified,” he said.

Pointing out that high-speed internet, cyber security, enhanced digital literacy, deeper technical cooperation, regional e-commerce, and efficient e-governance will have a more salient place in the conversations in the coming days, he said, “The strengthening of digital connectivity both within and between the countries of the Indo-Pacific is an essential condition for our economic prosperity and development. Like minded countries must work together for data driven digital development partnerships. The templates of that could draw on the framework that governs existing development partnerships.”

Besides, Jaishankar said that the Covid pandemic may have slowed the building of the global economy and the promotion of economic recovery; it has obviously not stopped it. This is, therefore, an occasion to reflect, perhaps introspect on how to build greener. Many of us have national programmes to that end and collaborating more closely is obviously to our mutual benefit, he said.

“Our collective efforts can certainly re-define the quality of infrastructure and indeed the nature of urbanization. They can make agriculture more sustainable and harness the Blue Economy more seriously. Physical and digital connectivity remain important for supporting shorter, efficient and diversified supply-chains, risk mitigation, enhanced trade facilitation, and reduction in the costs of intra-regional trade,” Jaishankar added.

In this context, the EAM shared how India is responding to the challenges of recovery and re-building. “We have reformed even as we have rebuilt. On health, our programme of wider health coverage has been accelerated by the rapid expansion last year of the health infrastructure. Currently, mass vaccination and addressing the ongoing wave are the focus. But the goal is to transform the sector entirely by augmenting human resources, equipment and capacities,” he said.

On the digital side, the EAM said that the expansion of connectivity, a skills initiative and a start-up culture are helping to change the game. On infrastructure, a range of initiatives and reforms that are unfolding even as we speak will surely spur greater investment.

Besides, on agriculture, empowering farmers and enabling freer trade has been matched by a stronger commitment to post-harvest infrastructure. And across 13 key sectors, performance-linked initiatives promise to upscale manufacturing. Bold measures have just recently been taken to promote tourism, he said.

“And all of this is encapsulated by a framework that envisages an India of deeper strengths, greater capacities and more responsibility. And not least, in making it much easier to do business,” the minister added.

In his concluding remarks, the minister said, “International cooperation, especially among businesses, will be very much a key to the better world that we all seek. The Indo-Pacific – a region in which we are so deeply invested historically – will be an arena of particular activity and energy.” (India News Network)

ALSO READ-Jaishankar to visit Russia for two days on Wed

READ MORE-Jaishankar meets Iranian President-elect Ebrahim Raisi

Previous Story

6-time Himachal CM Virbhadra passes away

Next Story

BRICS countries resolve to enhance collaboration in higher education

Latest from -Top News

UAE celebrates India@79

Indian expats in Abu Dhabi and Dubai marked India’s 79th Independence Day with flag-hoisting, cultural performances, and heartfelt tributes, celebrating decades of deep UAE–India friendship….reports Asian Lite News The colours of saffron,

India and America are a strange couple

No Indian leader has ever been so fond of an American President as Modi has been of Trump, writes Mihir Bose India and America have always had a curious love affair. They

Rubio extends greetings on India’s I-Day

Secretary of State describes the relationship between India and the US as “consequential and far-reaching,” built on shared democratic values, mutual respect, and expanding cooperation across multiple sectors…reports Asian Lite News Secretary

Journey towards Viksit Bharat

As India embarked on its fast-paced human centric developmental journey to become a developed country “Viksit Bharat @2047” by the time it completes the century of the independence, the past decade has

India@79: The Largest Democracy on the Rise

India is strengthening its global economic presence through strategic trade partnerships. The Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates has opened doors for enhanced bilateral trade and investment …
Go toTop

Don't Miss

Jaishankar to open India Global Forum UAE 2022

The forum will also present opportunities for businesses and entrepreneurs

Jaishankar to visit UAE for strategic talks

There have been regular high-level interactions between India and the