S Jaishankar hints no help to Pakistan amid crisis

External Affairs Minister S Jaishankar on Thursday virtually dismissed the idea of helping Pakistan to come out of its economic mess.

Speaking at the annual Asia Economic Dialogue organised by the external affairs ministry, Jaishankar said he will consider the local public sentiment while making a big decision.

"I would have a pulse (on) what do my people feel about it. And I think you know the answer," he said.

Pakistan is grappling with an economic crisis and has not been successful in getting an agreement from multilateral institutions either. In the recent past, India has helped neighbours like Sri Lanka as it struggled to come out of its economic woes and regularly helps others in the neighbourhood as well.

However, when it comes to Pakistan, the fundamental issue impacting the New Delhi-Islamabad ties is terrorism, Jaishankar said, adding that one must not be in denial of this problem.

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"No country is ever going to come out of a difficult situation and become a prosperous power if its basic industry is terrorism. Just as a country has to fix its economic issues, a country has to fix its political issues too, a country has to fix its social issues," he said without naming Pakistan.

Jaishankar also made it clear that it is in nobody's interest to see a country get into severe economic difficulties, and that too a neighbour.

Once a country is in the throes of a serious economic problem, it has to make policy choices to get out of it, the career diplomat-turned-politician said, adding that others cannot solve it for the country.

The world can only provide options and support systems, Jaishankar said, making it clear that Pakistan will have to make "tough choices".

He said India has also undergone the same challenges several times in its modern history, with the last one being 30 years ago with the balance of payment crisis.

Meanwhile, Jaishankar said ever since Narendra Modi came to power in 2014, the country's approach to the neighbouring countries has undergone a perceptible change and also reminded all about the Prime Minister's decision to call heads of state for the swearing-in function to start a new relationship.

Citing the case of Maldives, he said India's help in the recent past includes the Greater Male project and also added that he was present at the foundation stone laying event a few weeks ago.

India is also buying or selling power with many of its neighbours, Jaishankar said, adding that it recently started buying power from Nepal.

Going forward, the country is also mulling to up its focus on education and healthcare spending in the neighbourhood, Jaishankar said.

He also assured that India will also be using its G20 presidency to give a voice to the problems of the 'global south' and asserted that India is the best-placed country to do that.

The Prime Minister and his top ministers have spoken to 125 countries in the past month in India's effort to be an effective voice of the global south, Jaishankar said.

Speaking at the same event, Maldives' Minister of Finance Ibrahim Ameer said climate finance is a big challenge and expected help to flow through on the commitment at the earliest. His counterpart from Bhutan, Lyonpo Namgay Tshering said an easing of global financial conditions is also the need of the hour.

Jaishankar said there are multiple second and third-order impacts of the major world events and policy decisions, which India will be flagging to the world as part of its G20 presidency.

The EAM also said that the G20, with nearly 200 events across the country, is a marketing of India to influential people across the world by exposing them to cultural and socio-economic changes taking place in the country.