Neutral impactEconomy
‘Board of directors is expanding’: Jaishankar pitches bigger role for ‘middle powers’ in changing global order
Mint 1 hr ago·14 Oct 2026, 9:38 am
External Affairs Minister S. Jaishankar has emphasized that 'middle powers' like India must take on a larger role in shaping the new global order. He argues that the traditional dominance of the US is fading, creating a vacuum that these nations can fill to ensure stability and balance.
This shift matters to investors because it signals a move away from a unipolar world. A more multipolar system could alter trade flows, supply chains, and geopolitical alliances, creating new opportunities and risks for markets worldwide.
Investors should watch how major economies like India, Japan, and Brazil navigate these changes. Their ability to cooperate on trade and security will be a key indicator of how the global economy evolves in the coming years.
Excerpt from Mint
Earlier this year, Canadian Prime Minister Mark Carney called for ‘middle powers’ to band together to deal with the death of the so-called rules-based order led by the US. External Affairs Minister S Jaishankar has said that the growing calls for ‘middle powers’ to play a more active role in global affairs require…Read the original at Mint
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- Category: Economy.
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