Global South mustn't rely on single market: Jaishankar

EAM holds series of bilateral meetings on UNGA sidelines

- ARCHIS MOHAN

External Affairs Minister S Jaishankar (front row, third from right) poses at the High-Level Meeting of Like Minded Global South Countries on the sidelines of the United Nations General Assembly session in New York, USA.

(PHOTO: PTI)

External Affairs Minister S Jaishankar on Wednesday (India time) called for an urgent resolution to conflicts — including the Russia-Ukraine war — which are impacting food, fertiliser, and energy security.

He bemoaned the fact that the “very concept of multilateralism is under attack” with international organisations having been rendered ineffective or starved of resources.

“Thebuildingblocks ofthe contemporary order are starting to come apart. And the cost of delaying much-needed reforms is today starkly visible,” he said.

Also, in his address at the “high-level” meeting of “Like-Minded Global South Countries”, on the sidelines of the 8oth session of the United Nations General Assembly (UNGA) in New York, the minister stressed the need for countries of the Global South to develop resilient, reliable, and shorter supply chains that would reduce dependence on any singlesupplier orany single market.