'Terrorism to consume those who long practised it'

Asia is witnessing new tensions in land and sea as agreements were dishonoured and rule of law disregarded while terrorism has started to consume those who have long practised it, External Affairs Minister S Jaishankar said on Friday, amid China’s military continuing posturing along the frontier in eastern Ladakh and Pakistan’s support to cross-border terrorist activities.

In an address at an event hosted by the CII, Jaishankar also talked about the power of currency and how “threat of sanctions” are deployed in the “toolbox” of global diplomacy, in remarks that came days after the US warned of punitive measures after India and Iran sealed a deal on the Chabahar port. Jaishankar extensively delved into the consequences of the Ukraine conflict, escalation of violence in West Asia and disruption of logistics in view of the geopolitical tensions, sanctions, incidents of drone attacks in the Red Sea and climate events.

“The world is experiencing a 3F crisis of fuel, food and fertilisers. In Asia, new tensions have emerged in land and sea as agreements are dishonoured and rule of law disregarded,” he said at the annual general meeting of the Confederation of Indian Industries (CII).