While on his official visit to Nigeria, External Affairs Minister S Jaishankar discussed the multifaceted impact of globalization, emphasizing its "weaponization" by dominant players. In his address at the Nigerian Institute of International Affairs in Lagos, Jaishankar delved into the intricate dynamics of the new global order, pointing out the strategic deployment of currency, trade, and tourism as tools for national objectives by influential players.
The minister acknowledged the positive facets of globalization but raised concerns about its weaponization. He highlighted how influential players, whether as dominant producers or consumers, readily leverage their market shares globally to serve their specific national interests. Jaishankar articulated these insights during his official tour, providing a nuanced perspective on the challenges posed by the current global order.
Jaishankar also delved into the historical context, noting that the existing world order was established in 1945 when the United Nations had only a fraction of the current member states. He expressed the persistent nature of this world order, suggesting that the reluctance to expand representation might be rooted in the desire of those in power to maintain control.
The minister articulated the contemporary global agenda, emphasizing the collective objective of restoring the world to its natural diversity, disrupted by a period of Western domination. He highlighted the challenges in this restoration process, recognizing the efforts of nations in attaining independence and building their societies.
Turning attention to the Global South, Jaishankar underscored its significance as a mindset, a symbol of solidarity, and a call for self-reliance. According to him, the world cannot achieve planetary progress without the advancement of the Global South. He emphasized the ongoing global conversation that centers on advancing the Global South for overall planetary progress.
S Jaishankar's comprehensive address covered various dimensions of the global landscape, providing insights into the complexities of globalization, the challenges of the existing world order, and the imperative of advancing the Global South for collective progress. The minister's remarks were part of his two-nation tour to Uganda and Nigeria, where he participated in the Non-Aligned Movement (NAM) Summit and co-chaired the 6th Joint Commission Meeting between India and Nigeria.
