PM Narendra Modi criticised the "might is right culture" and underlined the importance of shared prosperity and optimal resource utilisation as prerequisites for global advancement. PM Modi also cautioned against supply chain disruptions brought on by "unilateralism and isolationism" in a media interview. “Today, the pressure on natural resources and infrastructure is increasing. At such a time, it is vital that the world strongly stands against the ‘might is right’ culture. ...Shared prosperity through optimum utilisation of resources is the only way ahead,” the PM said.
Some saw the remark to be critical of China's militaristic tendencies, use of debt as a form of coercion, and expansionist goals. “Geopolitics and related factors can have a significant impact on decision-making in international trade. Instances of unilateralism and isolationism driven by such factors can contribute to supply chain disruptions and impact livelihoods, especially in critical sectors. This is why, today, investment in creating reliable global value chains is gaining importance,” he said, adding that countries also need to offer stable policies that encourage businesses and innovation. The US, Japan, Australia, and other nations have expressed concern about the need to develop a resilient and dependable supply chain in recent months, according to the PM.
The comment on resources came days after he had cautioned against the “new model of colonialism” if countries that were sitting on a pile of critical minerals did not share it with others. While maintaining that the new world order was multipolar, the PM underlined the need to continuously create a consensus on common goals.
