Muscat, Oman, February 17, 2025 – External Affairs Minister S. Jaishankar, speaking at the 8th Indian Ocean Conference, addressed growing anxieties about global political shifts, particularly in the United States. He urged nations to assess these changes pragmatically rather than reacting emotionally.
Uncertainty in the U.S. and Global Anxiety
Jaishankar acknowledged that recent developments in the U.S. had caused concern worldwide. However, he stressed the need for a calm and rational approach to assess the situation. “Change is upon us whether we like it or not,” he said, adding that while some aspects may cause anxiety, others present new opportunities.
India’s Pushback Against Western Hegemony
He criticized the West’s historical dominance, stating that political interference often came under the guise of human rights and values. “Many so-called universal practices were not truly universal,” he said, adding that India now has greater agency to challenge such narratives.
Jaishankar argued that traditional globalization models are facing strong resistance. He noted that the long-standing expectation that major decisions must originate from the West—particularly from places like New York—is being challenged. “When we push for resilient supply chains, we are contesting the old model where all economic roads led to a single geography,” he explained.
Trump’s Influence and Global Reshaping
Discussing the impact of U.S. President Donald Trump, Jaishankar predicted major global shifts within the next two years. He warned that Trump’s policies would reshape the international order much sooner than expected. “Something big is coming at us,” he stated.
Erosion of Trust in Global Institutions
Jaishankar highlighted a global loss of trust in politicians, diplomacy, and economic models. However, he called India an exception, noting that its ruling party had won three consecutive terms—a rarity in democracies today.
Disillusionment with Global Economic Models
He acknowledged growing frustration among small and medium producers in India, particularly over the dumping of foreign goods in the market. This, he argued, is part of a larger global disillusionment, where people no longer believe in the idealistic rhetoric of globalization.
Jaishankar concluded by stating that leaders today must navigate a deeply unhappy and disillusioned world. “People are ready for change,” he said, emphasizing that the old economic and diplomatic order is rapidly losing legitimacy.
