External Affairs Minister (EAM) S. Jaishankar addressed the Kashmir issue during a session titled "India’s Rise and Role in the World" at the Chatham House think tank in London. During the session, he highlighted the significant strides India has made in resolving the Kashmir issue, particularly after the abrogation of Article 370. He mentioned how this constitutional change has played a crucial role in restoring growth, economic activity, and social justice in the region. According to Jaishankar, India’s efforts to hold elections with a high turnout have contributed to democratic empowerment in the region.

Kashmir Issue and the Return of Stolen Territory

While discussing the Kashmir dispute, Jaishankar made it clear that India had successfully addressed most of the issues within the valley. The removal of Article 370 was a significant first step, and the restoration of growth and economic activity was another vital achievement. According to him, the third step was the holding of free and fair elections, where the participation of the people indicated their confidence in the process. However, he emphasized that the final step for the resolution of the Kashmir issue lies in the return of the part of Kashmir under illegal Pakistani occupation. He stated:

"When that's done, I assure you, Kashmir solved."

This reflects India’s long-standing position on the territorial integrity of Jammu and Kashmir, asserting that Pakistan-occupied Kashmir must be returned for lasting peace in the region.

India’s Position on Global Economic Stability

During the same session, Jaishankar also addressed broader issues related to global economic stability, especially regarding the role of the US dollar. He remarked that there is no official Indian policy aimed at replacing the dollar as the reserve currency. Rather, India seeks more economic stability in the global system, which is essential for both developing and developed economies. Jaishankar also pointed out that there is no unified BRICS position on the matter of challenging the dollar’s dominance, despite some narratives suggesting otherwise.

He emphasized that multi-polarity—the idea of a world with several key centers of power—should translate into currency multi-polarity only if it benefits global economic stability.

Trump’s Multipolarity Movement Suits India

Jaishankar also shared his views on the international trend of multipolarity, particularly in the context of the US under President Donald Trump. He stated that the Trump administration’s push towards multipolarity aligns with India’s interests, as it creates a more balanced global order.

In discussing the Quad alliance, comprising the US, India, Australia, and Japan, Jaishankar expressed that this alliance reflects an understanding where each country pays its fair share, with no free riders involved. He noted that this kind of cooperation between nations ensures mutual benefit and strengthens the rules-based international order.

BRICS and Its Diverse Views on Economic Issues

Jaishankar also addressed the diverse positions within BRICS, the group of emerging economies including Brazil, Russia, India, China, and South Africa. He explained that while there is no single unified position within the BRICS countries on major issues like currency usage, the group remains important in shaping global governance and fostering economic cooperation between its member states.

Conclusion: Jaishankar’s Strategic Diplomacy for India

Jaishankar’s remarks at the Chatham House highlighted India’s diplomatic approach to key international issues, particularly its stance on Kashmir, BRICS cooperation, and the global economic landscape. His statements reinforce India’s commitment to resolving the Kashmir issue based on its principles of territorial integrity while ensuring economic stability both domestically and internationally. The multipolar world vision articulated by Jaishankar indicates India’s growing influence on the global stage, with a focus on pragmatic diplomacy and economic development.

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