<span style="color: #222222;">External Affairs Minister Dr S Jaishankar has said that on Friday Indo-Pacific reflects the reality of globalization, the emergence of multi-polarity and the benefits of rebalancing. Addressing the 4th Indo-Pacific Business Forum today, Dr Jaishankar said, it underlines both our inter-dependence and inter-penetration. He said, as we speak of common good and common efforts, it is natural that this is addressed, amongst other means, through a business forum. The External Affairs Minister said, India sees Indo-Pacific as a free, open, inclusive region, which embraces all in a common pursuit of progress and prosperity. He said, it includes all nations in this geography as also draws others beyond who have a stake in it.</span><br />'' <br />'' <span style="color: #222222;">Dr Jaishankar said, India believes that our common prosperity and security requires us to evolve, through dialogue, a common rules-based order for the region. He said, such an order must respect sovereignty and territorial integrity, international law, as well as equality of all nations. The Minister said, it envisages that countries should have access to the use of common spaces on sea and in the air that would require freedom of navigation and overflights, unimpeded commerce and peaceful settlement of disputes in accordance with international law. He said, India stands for a fair, open, balanced, rules-based and stable international trade regime in the region. The External Affairs Minister India's approach is based on cooperation and collaboration, given the need for shared responses to shared challenges in the region.</span><br />'' <br />'' <span style="color: #222222;">He said, now, even otherwise, the world was moving towards greater economic diversification and political multi-polarity. Dr Jaishankar said, The Covid-19 has given a much sharper impetus to those trends. He said, the experience of the pandemic has broadened the understanding of national security for most societies. The Minister said, it has taught us the importance of resilient and reliable supply chains, just as it has cautioned us against concentrated production. He said, whether it is Vocal for Local or Make in India, the thinking today in our country has focused on shorter supply chains and more decentralized globalization. He added that the world needs additional engines of growth as well as the networking to support the democratization of the global economy.</span><br />'' <br />'' <span style="color: #222222;">US Secretary of State Antony Blinken also addressed the forum.</span>