New Delhi, March 6 (ANI): Speaking at Raisina Dialogue 2026 during a session titled “Beyond Strategic Ambiguity: Rethinking Deterrence in the Taiwan Strait,” ORF America Executive Director Dhruva Jaishankar warned that the international community should prepare for “unexpected kinds of arrangements” as major powers try to balance geopolitical rivalry with global economic stability.
Jaishankar said that even amid high-tension conflicts—such as the ongoing Russia-Ukraine war and unrest in the Middle East—countries will seek “carve outs” to prevent economic collapse. He pointed to supply-chain concentration as an example, noting that when “China has 90% of the processing capacity for graphite, again, something that every economy needs,” states will negotiate exceptions to manage both economic dependencies and strategic competition.
He described this balancing act as an unavoidable feature of the modern era, where strategic rivals remain economically interdependent, and said pragmatic considerations will shape policy choices. “So I think we will see, whether it’s the conflict as it goes on in the Middle East, whether it’s now the fourth year of the Russia-Ukraine war… there are going to be, even in the midst of conflict, various kinds of carve outs,” he said.
Jaishankar also highlighted U.S. pragmatism on energy security, arguing that Washington remains mindful of stabilizing global oil and, to a degree, gas markets despite sanctions and rivalries.
The panel included Bonnie Glick (Foundation for Defence of Democracies), Helena Legarda (Mercator Institute for Chinese Studies), I-Chung Lai (Taiwan-Asia Exchange Foundation), and Jonas Parello-Plesner (Alliance of Democracies). (ANI)
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