Our Bureau
Doha
External Affairs Minister S Jaishankar on Saturday reacted to President-elect Donald Trump’s threat to impose 100 per cent tariffs on BRICS nations, stating that India has “no interest” in weakening the US dollar.
Speaking at the Doha Forum on Saturday, Jaishankar reflected on the positive relationship India had with the first Trump administration, highlighting the restart of the QUAD under Trump’s presidency.
“We had a good relationship, a very solid relationship with the first Trump administration, yes there were some issues mostly trade related issues, but there were a whole lot of issues on which Trump was very international, and i remind people that it was actually under Trump that the QUAD was restarted,” he said.
He also noted the personal connection between Prime Minister Narendra Modi and President-elect Trump, which has contributed to the strong bilateral ties between the two countries.
“There is a personal relation between PM Modi and Trump…Where the BRICS remarks was concerned. We’ve always said that India has never been for de-dolarisation, right now there is no proposal to have a BRICS currency. The BRICS do discuss financial transactions…US is our largest trade partner, we have no interest in weakening the dollar at all,” he added.
Jaishankar was addressing the 22nd edition of the Doha Forum panel on ‘Conflict Resolution in a New Era’ where Qatar Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani and Norway Foreign Minister, Espen Barth Eide were also present.
EAM Jaishankar is on an official visit to Qatar and Bahrain from December 6-9.
In Bahrain, he will co-chair the 4th India-Bahrain High Joint Commission (HJC) with Foreign Minister of Bahrain; Abdullatif bin Rashid Al Zayani. EAM will also participate in the 20th edition of IISS Manama Dialogue in Bahrain.
