[India] - 'Petrol rates would be much greater without ...': Jaishankar

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: External affairs minister S Jaishankar on Monday spoke about the importance of having a strong foreign policy, saying that in its
absence prices of petrol would be much higher."Without a good foreign policy, the petrol price would be much higher, the cooking oil price
would be much higher, the price of next iPhone you buy would be much higher," Jaishankar said during his interaction with the students of
NIT Delhi,Speaking about India-Russia relations amid the Ukraine war, the Union minister said that government wants to ensure that the
interests of the Indians are best servied."Russia's main economic partner was the Western countries, after the Ukraine conflict that way was
closed
Russia is turning towards Asia ..
Our trade before the Ukraine conflict was around $12-14 billion, our trade last year was $40 billion
The Asian economy is becoming partners..
I think we should not be worried about what they are doing with other countries, we should keep our own relations going...The interest of
the Indian people best served..."During his interaction, Jaishankar advised the students to understand local and global
developments."Globalisation has broken down the boundaries between inside and outside and you should understand what is happening around
you," he said citing the impacts of the Covid pandemic and Ukraine war on the prices of petroleum products and food grains.No nation can
become developed without embracing technology and research and development, the minister said.Under the leadership of Prime Minister
Narendra Modi, several changes have taken place in the last nine years, he said.Citing Modi's recent visit to the US, Jaishankar said, "He
has a different image, especially in the democratic world as a senior experienced and credible leader."The ideas and decisions of Modi have
an impact, he said."In his foreign visits, Modi represents the strength and talent of 149 crore Indians
The world is now looking towards India and its youth," Jaishankar said.The external affairs minister also highlighted the Modi government's
initiatives to make India a hub of semiconductor manufacturing and set up a national research foundation
(With inputs from agencies)