What happened?
On March 5th, 2025, External Affairs Minister (EAM) S. Jaishankar participated in a discussion with Bronwen Maddox, Director and Chief Executive of Chatham House, at an event co-hosted by Chatham House and the High Commission of India in London. The discussion covered India’s foreign policy approach, regional security dynamics, and global economic challenges.
Jaishankar provided updates on the India-UK Free Trade Agreement (FTA), highlighting its potential to enhance economic cooperation. He also addressed India’s regional engagements, particularly the challenges of maintaining balanced relations with China. On global economic stability, he clarified that while India does not pursue a policy to replace the US dollar, economic diversification discussions are gaining momentum, especially within BRICS.
The minister reaffirmed India’s commitment to multipolar global governance, emphasizing collaboration with the United States while advocating a broader power distribution. Responding to concerns about human rights, he described criticisms as politically motivated and stressed that India’s democratic institutions remain strong and committed to upholding fundamental rights.
Why it matters to India:
Jaishankar’s address at Chatham House reflects India’s growing strategic role in global affairs and its focus on maintaining stability in an evolving geopolitical landscape. Strengthening India-UK economic ties through the FTA aligns with India’s trade and investment priorities, while discussions on BRICS economic resilience highlight India’s approach to financial diversification. India’s emphasis on a multipolar world order and strong democratic foundations reinforces its position as a key global player. The visit also strengthens India’s diplomatic engagement with the UK, aligning with broader efforts to deepen political, economic, and security cooperation.