Foreign Minister Jaishankar discusses Indian foreign policy under a newly re-elected Modi government. WISNER: Ladies and gentlemen, good evening. My name is Frank Wisner. I am a(n) international affairs advisor with a law firm, Squire Patton Boggs, as well as a former ambassador to India myself. I am really pleased today to be able to welcome all of you to a conversation with India’s distinguished minister of external affairs, Subrahmanyam Jaishankar. It’s a privilege for all of us, Minister, to have you with us today, and I look forward to the conversation that’s going to follow. We will start with a bit of time between the two of us to get the conversation going, and then it’s my intention to open it to the floor. And the floor in this sense is a rather broad one. We are linked to the rest of the nation—audio link, and so there will be questions coming in from around the country. So when we get to questions, please state your name, keep your question short, limit it to one question if you don’t mind, and we’ll be able to accommodate a lot. The minister’s answers, from my experience, are usually extremely—very sharply to the point, and we will get to many of you today. But again, Minister, a warm welcome to you. It is really a privilege to have you here. The time is right. The last days have underscored the importance of the relationship that has been developing between this country and India, a relationship that is of vital importance to Americans. We need to understand, in terms of the maintenance of the global balance, the ability of a balance of power to be achieved in the world between great powers, the future of your often troubled region, the economic opportunities that lie before India. But we are here today as well in light of the fact that your prime minister has returned to office with a(n) outstanding majority which has given him extraordinary capability to shape an agenda and be able to carry that through your legislature. But enough about India and the United States. I also want to just say a quick word to all of you about the minister. I’ve had the privilege of knowing you, sir, for some time. I’ve regarded you for many years as one of India’s foremost strategic thinkers, a very skilled diplomat. I first watched you negotiate the Civil Nuclear Agreement which was a tough negotiation; complex technically, fraught politically. I’ve watched you as ambassador in Washington where you made a real mark as foreign secretary guiding the hand of Indian diplomacy. And now—I can’t remember if there is an exception, I didn’t do my research well enough—but I think you are the first career officer in the diplomatic service—not? JAISHANKAR: No, Natwar Singh. WISNER: Natwar. Of course Natwar. That’s right. I should know that. Well, but it’s still an extraordinary honor that a career officer in the service should end in the political position that you are now engaged in. So let me begin, Minister, with a question. This is a decisive moment for India. The prime minister, when he cleared the election, turned to the nation and said that this was a time for all Indians to join in building a strong India. But to get there, India is going to need the sinews of a great power. The sinews of a great power include a strong economy, defense, intelligence, the capability to develop scientific knowledge. As you, today, look out at the future of Indian power and India’s emergence as a great power, what are the challenges, and how do you and the prime minister see India begins to cope with them so we can measure where you are? JAISHANKAR: Well, thank you. Let me begin, Ambassador Wisner, by first of all telling you how pleased I am to be here, to be here at the CFR, and it’s really wonderful to see so many old friends with whom I’ve had good conversations over many, many years. To turn to your question, you know, I think anybody who is looking at Indian foreign policy today needs to look at Indian domestic policy. They need to look at it becau