Modi Warns Global Investors Of Weaponised Trade, Pitches India As A Steady Partner
Indian Prime Minister Narendra Modi told an international business audience on Tuesday that supply chains, energy, minerals, payment systems and technology were increasingly being used as instruments of pressure and dominance, and presented India as a dependable partner in a fractured world Representational Image Source: @MikeBloomberg on X The routes created by globalisation over past decades had in many cases become chokepoints, he said, addressing the Bloomberg New Economy Forum, which is reportedly being held in India for the first time. He named no country. The world had absorbed a pandemic, regional wars and disruptions to trade, critical minerals and energy in six years, Modi said, and was left with a question of trust: whether supplies would continue in a crisis, whether promises would be kept, whether a partner would stand by another country when it mattered. He built the address around a phrase he repeated throughout, “ power to empower ”, arguing that the test o...