Indian External Affairs Minister S Jaishankar has described India as a “power in the middle,” emphasizing its robust population of 1.4 billion and an economy valued at approximately $4 trillion. Speaking at the Bloomberg New Economy Forum alongside Canadian Foreign Affairs Minister Anita Anand, Jaishankar highlighted India’s growing influence amid shifting global dynamics and the increasing cooperation among countries with shared interests.
Jaishankar discussed the evolving role of middle powers, noting that countries are reassessing their national interests and developing independent policies. He cited the Quad and the India-Middle East-Europe Economic Corridor (IMEC) as examples where nations collaborate on strategic and economic initiatives. This cooperation reflects a broader trend where emerging economies seek a greater say in international decision-making while maintaining their strategic independence.
The forum also featured Canadian Prime Minister Mark Carney’s call for middle powers to defend multilateralism and adapt to changes in the international system. Jaishankar underscored the need for these countries to closely engage with one another, identifying areas of aligned interests to bolster their influence on the global stage.
Anita Anand echoed this sentiment, urging middle powers to take a leadership role in shaping the international order. She emphasized the importance of protecting international rules, strengthening economic resilience, and addressing emerging security challenges. Anand pointed to Canada’s approach through trade agreements, security partnerships, and participation in multilateral platforms such as the G7 as a model for coordinated action that can enhance national strategic autonomy and support shared interests.
The discussion at the forum illustrated the increasing significance of cooperation among middle powers as they navigate geopolitical tensions, economic uncertainties, and evolving global alliances. Both Jaishankar and Anand highlighted the potential for these nations to influence global governance and strengthen their roles in international affairs.