‘India anchor of stability in fragile region’ | delhi | Hindustan Times
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‘India anchor of stability in fragile region’

India is not only fast emerging as a global economic power but is also an anchor of stability in a very fragile neighbourhood, Germany’s ambassador to India, Thomas Matussek, said on Saturday.

delhi Updated: Mar 06, 2010 23:44 IST
HT Correspondent

India is not only fast emerging as a global economic power but is also an anchor of stability in a very fragile neighbourhood, Germany’s ambassador to India, Thomas Matussek, said on Saturday.

“India’s security is our security. Our ties with India are and have been fantastic. We share a strategic relationship and cooperate actively in the fight against terrorism,” he told a seminar on ‘Global Integration: Emerging Trends and India’s Role’ organised by the Rotary Club of Delhi Midtown.

Both India and Germany, Matussek said, have successfully tried to find common answers to problems caused by climate change, or global terrorism and as to whether and how the United Nations’ Security Council (UNSC) could be adapted to the needs of the 21st century.

Pitching for India’s case in the United Nations’ Security Council (UNSC), he said New Delhi’s membership would enhance the effectiveness, credibility and legitimacy of the world body.

“We feel that the UNSC does not reflect geo-political realities of the 21st century. It is undergoing reforms but they need to be accelerated,” the envoy said.

On his part, Commerce and Industry Minister Anand Sharma said there is increasing international support for India’s entry into the portals of the United Nations (UN)’s exclusive decision-making club for maintaining world peace.

“We need a new world order that is equitable, fair and democratic. We hope that change will come sooner than later,” he said.

Sharma also mentioned the global financial crisis, saying ‘more toxic acids’ are going to come out of the economic

recession. “I am hesitant to say that the world has come out of this crisis or that we have recovered. What we are seeing is stimulus packages alone,” he said.

Sharma called for a well-coordinated and calibrated approach to tackle such crisis and stressed the need for a balance between market forces and regulatory frameworks.

Speaking on the occasion, senior Congress leader Karan Singh said the inclusion of India, which represents the confluence of civilisations, in the UNSC was imperative.

“The UNSC was frozen in 1945. What sort of a structure is this?” he demanded. “We need a new global architecture, both economically and politically,” he said.

Describing the European Union as the greatest miracle of the 20th century, he said it is a model which other regional associations should work towards.

Seminar convener DN Patodia dwelt on globalisation.

“India’s international trade has increased 100 times from 1955 to 2005. Indian enterprise and private sector has been released from the shutters of the past. These are now blooming and shining,” he said.