Global blocs are less relevant, says Foreign Secretary [IR]
- India is evaluating its multilateral and bilateral ties to keep up with the fast changing global scenario, but sudden changes are unlikely to be part of this phase of international adjustment.
- A more “loosely” networked global system is fast emerging as the blocs and alliances are less relevant today.
- The declaration regarding the “blocs” is significant as reportedly Prime Minister Narendra Modi is going to skip the 13-18 September NAM summit in Venezuela.
- NAM which India led since the 1950s had traditionally attracted a Prime Minister- level participation from India.