External Affairs Minister S Jaishankar has argued that India’s growing economic scale and future growth prospects make the label of a ‘middle power’ inadequate, as countries navigate a global order increasingly shaped by control over critical resources, financial systems and strategic dependencies.
Speaking at the Bloomberg New Economy Forum in New Delhi on Wednesday, Jaishankar described the emerging landscape as a “world of choke points”, where countries can use their control over resources and financial mechanisms to exert pressure on others. He said countries would need to define their own interests and policies before negotiating arrangements with one another.
