Parigi si, Capital of France

External Affairs Minister S Jaishankar on Thursday termed the ongoing COVID-19 pandemic a "black swan event" and said its impact on the global order and future of Asia is yet to be comprehended.Addressing the 26th 'Future of Asia' Conference, the Minister said: "The COVID-19 crisis is a black swan event for the country as well as the entire world. Its long term impact on global order and future of Asia is yet to be comprehended."Jaishankar also spoke about shaping of the post-coronavirus era with specific relevance to the role that Asia would play. He said among other things coronavirus disease has reshaped the world by changing the perceptions and calculations of nations about each other and the world by bringing out the value of trust and transparency and the importance of reliable supply chains.He also said that the pandemic is a global challenge that requires nothing less than global solutions."This COVID pandemic is the most serious in living memory but it should be seen as a recurring challenge, not as a one off. It demands international cooperation on a scale that could not have been conceived of earlier. No national capacity however large is adequate," the Minister said.He added that better international cooperation can also be facilitated by improved national capacities."If India is to make a real contribution to Asian and global economic recovery, it can start by helping itself more. Even while the COVID-19 was ongoing last year, bold reforms were undertaken in industry, agriculture, labour and education," he said.The Minister further said that India aims to make manufacturing globally competitive by removing sectoral disabilities, creating economies of scale and ensuring efficiencies."By creating a level-playing field and encouraging a component eco-system, it will integrate India deeper into the global supply chain. Already, the global response to the PLI initiative has been strong. Coupled with an improvement in India's position in the World Bank's Ease of Doing Business rankings - 63 (2020) from 142 (2014) - it would enhance our economic relevance," he added.He also spoke about India's renewable energy target of 450GW by 2030."As one of the few G20 economies adhering to its Paris commitments, India's 15 per cent energy efficiency savings, shift to LED lighting with 367 million bulbs, moving 80 million households from biomass to LPG cooking and being among the top three nations to expand forest cover in the last decade are examples of seriousness," Jaishankar said.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Parigi SiFOLLOW

Parigi si, Latest News

During his meeting with External Affairs Minister S Jaishankar, United Nations Secretary General Antonio Guterres expressed solidarity with the Indian government and people in their efforts against the second COVID-19 wave, informed the Permanent Mis ...

Govind Dalwadi, noted film editor has passed away. He has worked on several hit movies like An Evening In ... ...

Prince William recently recalled the "painful memory" of learning about Princess Diana's death and also reflected on the "dark days of grief" that followed the demise of his mother. ...

President Emmanuel Macron will attend the opening ceremony of the Tokyo Olympics on July 23, said France Sports Minister Roxana Maracineanu, reported NKH World. ...

France wants to revitalize NATO and believes that the upcoming summit should deliver a political clarification of the alliance's priorities, President Emmanuel Macron said on Friday. ...

Chile will lift lockdowns in 13 towns on Monday and continue to gradually ease pandemic restrictions across the country despite detecting more than 7,600 new COVID-19 cases in one day, Health Minister Enrique Paris announced Thursday. ...

The French mission to the United Nations circulated a draft resolution to members of the Security Council on Tuesday that calls for a ceasefire between Israel and Gaza despite objections from the United States. ...

External Affairs Minister S Jaishankar on Thursday termed the ongoing COVID-19 pandemic a "black swan" event and said its impact on the global order and future of Asia is yet to be comprehended. ...