India's EAM Jaishankar calls for de-risking amid tariff volatility
Jaishankar referred India as Bharat at UNGA and also presses for greater reforms at UNSC saying India ready for greater roles UNSC
Bharatiya Abroad | Edited by Staff Writer | Updated: September 28, 2025 3:25 am UTC
New Delhi: India's External affairs Minister amid the tariff row with United States on Saturday without naming it said that “de-risking” has become a “growing compulsion” for countries facing “tariff volatility and uncertain market access.”
Addressing the 80th session of the UN General Assembly, he criticised trade practices that distort global rules and create over-dependence on limited markets.
“When it came to trade, non-market practices gamed rules and regimes. The resulting concentration exposed the world to leveraging. On top of that, we now see tariff volatility and uncertain market access as a result. De-risking is a growing compulsion, whether from limited sources of supply or over-dependence on a particular market,” Jaishankar said.
Jaishankar also highlighted India’s assistance to neighbours during "natural disasters and its wider contributions to global stability".
“The people of Afghanistan and those of Myanmar saw India extend its hand during recent earthquakes. Our efforts at ensuring safe commerce, combating piracy and preventing attacks on shipping in the northern Arabian Sea also bear mention,” he said.
He then underlined India’s diverse international engagement, saying, “Our soldiers ensure peacekeeping, our sailors protect maritime shipping, our security counters terrorism, our doctors and teachers facilitate human development the world over, our industry produces affordable products, our techies promote digitization and our training facilities are open to the world. These remain the core of our foreign policy.”
The Minister also pressed for urgent reforms to the United Nations Security Council (UNSC), as he asserted that both permanent and non-permanent memberships must be expanded to make the body more representative.
Jaishankar said "India is prepared to shoulder greater responsibilities as part of a reformed Council".
“Both permanent and non-permanent membership of the Council must be expanded. A reformed Council must be truly representative. India stands ready to assume greater responsibilities,” the Minister told the world leaders.
He also referred to India as Bharat in his UN General Assembly address, saying, “While asserting our rights, we must also firmly face up to threats, countering terrorism is a particular priority.”