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[INTERNATIONAL] · India, Dominican Republic, Comoros · 5 sources

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India warns UN that distant wars drive global economic instability

At the 81st UN General Assembly, India and several developing nations warned that ongoing armed conflicts are causing severe economic consequences for countries geographically distant from the fighting.

Indian External Affairs Minister S. Jaishankar stated that in a globalized economy, wars disrupt supply chains, energy markets, maritime transport, food supplies, and international trade. He noted that the nations most affected by these disruptions often have the least influence over the decisions that trigger such crises. The warnings specifically highlighted the ongoing wars in Ukraine and the Middle East as drivers of instability.

Other leaders echoed these concerns. Dominican Republic President Luis Abinader noted that conflicts in Europe and the Middle East directly impact food and energy costs for his nation. Comoros President Azali Assoumani also highlighted how Middle East tensions and disruptions in the Strait of Hormuz create global economic shocks, particularly impacting vulnerable, low-income nations.

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Azali Assoumani · Global South · India · Luis Abinader · S. Jaishankar · United Nations

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