Stories
India Co-Sponsors Inaugural Multilateralism Summit at UN Amid Global Stress
- •India co-sponsored the first-ever ‘Partners for Multilateralism, International Law, Peace & Prosperity (P4M)’ Summit at the UN, emphasizing the need for more participative deliberations and transparent decision-making.
- •External Affairs Minister S Jaishankar highlighted that the global order is under stress due to extreme competition, geopolitical tensions, and conflicts, making strong multilateralism essential.
- •Jaishankar addressed the '4F' crisis (fuel, food, fertilizer, finance) and stressed the importance of de-risking and diversifying to counter chokepoint dominance and disruption.
- •The summit, co-chaired by India and leaders from Australia, Barbados, Brazil, Canada, and Kenya, underscored that multilateralism is best served when international law, rules, and norms are scrupulously observed.
- •Leaders at the summit, including António Costa, William Ruto, Anthony Albanese, and Mia Mottley, called for reformed multilateralism, fairer rules, and institutions that reflect today's world to restore trust and address global challenges effectively.
Key Questions Answered
External Affairs Minister S Jaishankar co-chaired the first-ever Partners for Multilateralism, International Law, Peace & Prosperity (P4M) Summit on the sidelines of the 81st UN General Assembly session alongside leaders from Australia, Barbados, Brazil, Canada, Kenya, and European Council President António Costa.
Jaishankar stated that the global order is under severe stress due to extreme competition, geopolitical tensions, and actual conflicts, making more participative deliberations, transparent decision-making, and reformed multilateralism overdue to preserve international cooperation.
Leaders pointed to ongoing conflicts like the land war in Europe and troubles in the Middle East, a '4F' crisis covering fuel, food, fertilizer, and finance, global inflation, climate challenges, and risks from emerging technologies.
