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“Are you accusing me of bullying the US?” jokes EAM S Jaishankar when asked about India-US relations

May 13, 2024, 18:29 IST
Business Insider India
External Affairs Minister S. Jaishankar. (PTI Photo/Manvender Vashist Lav)
Monday, May 13; Mumbai: “India-US relationship is volatile at best and bullying at worst. What will it take to stabilise it and reach an even keel?” — This intriguing question was directed at India’s External Affairs Minister, S Jaishankar, by one of the attendees of a seminar on Indian Capital Markets, hosted by the NSE and ANMI here on Monday.
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Jaishankar's reply: “So you’re accusing me of bullying the US?”

Eliciting laughter and applause from the audience, Jaishankar's response not only showcased his wit but also signalled the recent strides in India's international standing. It points at the evolving dynamics of the relationship between the two nations, which has seen its fair share of complexities and friction, with the US often having the upper hand.

Jaishankar further elaborated: “I think it’s a relationship which is growing and evolving. But it will have its friction points, and there’s a practical reason behind it — the US, given its history and dominance, is used to a certain way of dealing with other countries…”

He added: “But now, both countries (the US and India) have entered a new ground. My own experience in Quad (Quadrilateral Security Dialogue - QSD) is that they have adjusted a lot and accepted this in many ways.”

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The External Affairs Minister proceeded to illustrate with a discussion he had with his American counterparts regarding the purchase of Russian oil. He revealed that despite their initial resistance, engaging in dialogue led to a shift in the USA’s perspective — a contrast to the Europeans who, according to Jaishankar, reacted more emotionally, perhaps influenced by their proximity to the conflict zone.

Jaishankar ultimately concluded that despite the “baggage” in the Indo-US relationship, the moment has arrived to transcend past issues and embark on new avenues of cooperation.

These remarks closely echo those made by the minister last week, wherein he reiterated that the positive trajectory of India-US relations remains unaffected by recent allegations levelled against India regarding the country's links to a failed assassination plot in the US.

Meanwhile, the India Capital Markets seminar, centred on the ‘Road Map for Viksit Bharat’, delved into discussions on shaping the trajectory of India's financial terrain. Jaishankar emphasised strategies for fostering growth and sustainability in the capital markets sector, advocating for an economic and technology-driven approach, underscored by inclusivity, good governance, human resources, and the courage to make prudent decisions, all within India’s cultural framework.
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