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The Indian govt has maintained that its vitality procurement selections are pushed solely by market circumstances and world developments, with the intention of safeguarding vitality safety.
Exterior Affairs Minister S. Jaishankar speaks at Raisina Dialogue 2026. (ANI)
Days after a senior US official mentioned Washington wouldn’t enable India to emerge as an financial rival like China, Exterior Affairs Minister S. Jaishankar on Saturday mentioned India’s rise on the worldwide stage can be formed primarily by its personal capabilities moderately than by the errors of different nations.
Talking on the Raisina Dialogue, Jaishankar mentioned, “The rise of India shall be decided by India… It will likely be decided by our power, not by the errors of others.”
His remarks got here amid wider discussions on world financial competitors and strategic partnerships, together with feedback by Christopher Landau, who just lately mentioned Washington would keep away from repeating its previous financial method towards China.
“We’re not going to make the identical errors with India that we made with China 20 years in the past by way of saying, ‘We’re going to allow you to develop all these markets,’ after which the following factor we all know, you’re beating us in industrial issues,” Landau mentioned.
He added, “We’re going to ensure that no matter we do is honest to our folks. As a result of finally, we’ve to be accountable to our personal folks, simply as the federal government of India must be accountable to its folks.”
#WATCH | Raisina Dialogue 2026 | EAM Dr S Jaishankar says, “If we’ve to construct a form of an Indian Ocean sentiment or id, it must be backed up with assets, work, commitments, sensible initiatives… There are completely different dimensions of the way you construct the Indian Ocean… On… pic.twitter.com/bjhNwyxhHl— ANI (@ANI) March 7, 2026
Jaishankar additionally spoke about India’s central function within the Indian Ocean area, noting that the event of a shared regional id would require sustained effort and assets.
“If we’ve to construct a form of an Indian Ocean sentiment or id, it must be backed up with assets, work, commitments, sensible initiatives… There are completely different dimensions of the way you construct the Indian Ocean,” he mentioned.
Highlighting India’s geographic place, the minister added, “On why the Indian Ocean is the one ocean named after a rustic – we’re proper in the midst of it.”
He mentioned India’s financial progress would create wider alternatives for nations throughout the area. “With our progress, different nations of the Indian Ocean stand to learn. Those that work with us will get extra advantages,” Jaishankar mentioned.
Christopher Landau, a lawyer who has served as an envoy throughout each phrases of Donald Trump, highlighted the American chief’s “America First” international coverage method, saying it stresses that the US is just not a “charity organisation.”
The federal government has additionally come underneath criticism in latest days following an announcement by US Treasury Secretary Scott Bessent on Friday of a short lived 30-day waiver from American sanctions to “enable” Indian refiners to purchase Russian oil. The opposition Congress occasion, specifically, has accused the federal government of allowing the US to dictate India’s international and financial insurance policies.
Bessent later informed the media on Saturday that the US Treasury Division was permitting India to renew purchases of Russian oil as a part of President Donald Trump’s coverage of “American vitality dominance.”
“The Indians had been superb actors. We had requested them to cease shopping for sanctioned Russian oil this fall, they did. They have been going to substitute it with US oil. However to ease the short-term hole of oil all over the world, we’ve given them permission to simply accept the Russian oil,” Bessent informed Fox Information.
The Indian authorities has maintained that its vitality procurement selections are pushed solely by market circumstances and world developments, with the intention of safeguarding vitality safety.
It has neither confirmed nor denied the Trump administration’s declare that New Delhi dedicated to halting Russian oil purchases as a part of negotiations for a bilateral commerce deal, stating as an alternative that the nation is working to diversify its vitality sources.
March 07, 2026, 14:38 IST
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