India believes that for common prosperity and security in the Indo-Pacific region there is a need to evolve through dialogue a common rules-based order that respects sovereignty, territorial integrity and equality of all nations, External Affairs Minister S Jaishankar has said.
His remarks come amid growing global concern over China's military muscle-flexing in the region.
Addressing the 4th Indo-Pacific Business Forum on Thursday, Jaishankar said the Indo-Pacific reflects the reality of globalisation, the emergence of multipolarity and the benefits of rebalancing.
"It underlines both our interdependence and interpenetration. As we speak of common good and common efforts, it is natural that this is addressed amongst other means through a business forum," he said.
India sees the Indo-Pacific as a free, open and inclusive region which embraces all in a common pursuit of progress and prosperity, Jaishankar said.
It includes all nations in this geography and also draws others who have a stake in it, he 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.
Jaishankar asserted that India stands for a fair, open, balanced, rules-based and stable international trade regime in the region.
India's approach is based on cooperation and collaboration given the need for shared responses to shared challenges
