Jaishankar calls for balanced trade approach with China at Assocham event

India's External Affairs Minister S. Jaishankar emphasized the need for a balanced trade approach with China, citing a troubled political relationship and the risk of over-dependence on single supply chains. He noted recent progress in resolving border tensions but called for further discussions. Jaishankar highlighted that China plays a significant role in global manufacturing, urging caution to avoid becoming a market for Chinese products. He also mentioned India's advantageous position to strengthen ties with the incoming Trump administration in the U.S. Regarding India-Russia trade, Jaishankar pointed out challenges like non-tariff barriers affecting Indian exports. He stated that India seeks better access to the Russian market, aiming for a bilateral trade target of $100 billion by 2030, despite current export concerns.