External Affairs Minister S. Jaishankar has called for stronger multilateral cooperation and reforms in global institutions, warning that the international order is facing growing pressure from intense competition, geopolitical tensions and ongoing conflicts.
Speaking at the Partners for Multilateralism, International Law, Peace & Prosperity (P4M) Summit in New York, on the sidelines of the United Nations General Assembly, Mr. The summit was co-chaired by Mr. Jaishankar and European Council President António Costa. Jaishankar noted. “Where there is a threat of chokepoint dominance and disruption, de-risking and diversifying must be encouraged. And where there is a compelling cause or a powerful case, the like-minded must have the confidence to come together,” he added.
Jaishankar said multilateralism must be reinforced to uphold international cooperation and address emerging global challenges. “The 4F crisis of Fuel, Food, Fertiliser and Finance cannot be left to itself,” Mr. He also said that multilateralism will be best served when international law, rules and norms are scrupulously observed.
The P4M initiative, founded by leaders of the European Union, Brazil, Kenya and Canada, is expected to make a pitch for the grouping at the UN General Assembly’s “high-level debate” session this week. In a joint editorial also said that the ‘Partners for Multilateralism ’ would not create another exclusive bloc or international bureaucracy.
