‘Trade Will Continue To Find A Way,’ Says Jaishankar On India’s Global Push

<p>New York, Sep 28 (PTI) External Affairs Minister S Jaishankar has said the world will increasingly require a global workforce and new trade arrangements would emerge despite uncertainties, as he underscored India’s expanding engagement with Latin America and the Caribbean to diversify economic ties amid shifting global dynamics.</p>
<p>Speaking at an Observer Research Foundation (ORF) panel on the sidelines of the 80th UN General Assembly session here on Saturday, he said trade would &ldquo;continue to find a way&rdquo; despite uncertainties.</p>
<p>”The world will require a global workforce, and trade will continue to find a way despite uncertainties. We will see new trade arrangements, technology, connectivity, and workplace models, making the global landscape very different in a short time,” Jaishankar said.</p>
<p>India, he said, is already engaging with regions like Latin America and the Caribbean, “aiming to expand trade and partnerships even further”.</p>
<p>The minister stressed that in “this turbulent atmosphere”, particularly for large countries, it is important to build capacities for greater self-reliance.</p>
<p>”That is very much the focus in India today. Technology, self-reliance, multipolarity, and South-South cooperation are all part of one basket,” he said.</p>
<p>Jaishankar’s remarks come amid recent moves by the US to raise new H-1B visa fees to USD 100,000, and impose an additional 25 per cent tariff on India as a penalty for its purchases of Russian oil, taking the total levies imposed on the country by America to 50 per cent, among the highest in the world.</p>
<p>Indians account for nearly 71 per cent (over 2.8 lakh) of all H-1B visas, followed by Chinese professionals with around 11.7 per cent or over 46,600.</p>
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<p><strong><em>(This report has been published as part of the auto-generated syndicate wire feed. Apart from the headline, no editing has been done in the copy by ABP Live.)</em></strong></p>