Latvian Foreign Minister Krišjānis Kariņš, on a visit to India has said that the nation's economic growth is noteworthy, and "has the potential to become the world's third-largest economy if it sustains its current trajectory."

As the world's largest democracy, it is crucial for India to assume a leadership role, he said during an exclusive interview with&nbsp;WION .

Also read:&nbsp;<a href="https://www.wionews.com/world/exclusive-imec-a-fantastic-opportunity-to-establish-real-connectivity-says-former-italian-fm-693140">Exclusive: India-Middle East Europe Corridor an opportunity to establish real connectivity, says ex-Italy FM</a>

The foreign minister, who was speaking on the sidelines of Raisina Dialogu, covered diverse topics ranging from Red Sea attacks to the Israel-Gaza situation.

 
WION: Key focuses areas in Delhi during your visit?

Kariņš: The central dialogue revolves around the countries with similar values to collaborate, given the escalating global dangers and complexities. Latvia, India, and the EU, united by common foundational values, particularly in upholding international law, face challenges exemplified by conflicts such as the Middle East war and the Russia-Ukraine situation.

Also read:&nbsp;<a href="https://www.wionews.com/world/latvias-deputy-foreign-minister-calls-russia-ukraine-war-an-existential-threat-to-the-global-world-568804">Latvia's Deputy Foreign Minister calls Russia-Ukraine war an 'existential threat' to the global world</a>

Additionally, North Korea's nuclear posturing and the uncertain intentions of China concerning Taiwan add to the geopolitical uncertainties. In light of these escalating tensions, there is a pressing need to find diplomatic solutions to de-escalate and restore balance. India, positioned as a key player in the Indo-Pacific, and the EU naturally find common ground in their shared values, underscoring the necessity for collaborative efforts.

WION:&nbsp;About Indian mission in Latvia?

Kariņš: We’re happy that we have Latvian mission here in New Delhi. Just this month the Indian government took a decision and they want to open a permanent representation in Latvia, having an embassy in each other’s country will help further.&nbsp;

WION: Engagement in terms of people-to-people relationship and investment?

Kariņš:&nbsp;We have a growing number of Indian students, we have a growing [Indian] community. We see a growing number of Latvian companies that are successfully exporting into India. This is a good base to start.&nbsp;

WION:&nbsp;On situation panning out in hot spots- Red Sea increased attacks and Israel-Gaza situation?&nbsp;

Kariņš:&nbsp;The situation is evolving into a crisis, with the Houthis posing threats to the Red Sea.

India is actively involved in safeguarding shipping in the region. It is crucial for the international community to maintain collaborative efforts. Latvia is engaged on two fronts - securing shipping in the Red Sea and facilitating dialogues between Israel and the Palestinians.

Also read:&nbsp;<a href="https://www.wionews.com/india-news/exclusive-i-india-an-attractive-investment-destination-for-austria-says-labour-minister-martin-kocher-693098">Exclusive I 'India an attractive investment destination for Austria', says Labour Minister Martin Kocher</a>

The advocated solution is a two-state resolution, emphasising the necessity for a Palestinian state to dissuade young Palestinians from turning to terrorism.

Both Latvia and Europe are steadfast in this belief, and concerted efforts are required to persuade all parties involved.

WION: India as a voice of the global south?

Kariņš:&nbsp;India is a growing economy and it will become third largest economy if it probably continues to grow. As world’s biggest democracy, I think it’s very important to take on this leadership role. It’s the discussion we need to speak with one another. The connection with Europe is through values. When there’s uncertainty, we fall back on basics.

Also read:&nbsp;<a href="https://www.wionews.com/india-news/exclusive-norway-shares-very-strong-relationship-with-india-across-many-items-says-deputy-fm-693095">Exclusive: Norway shares very strong relationship with India across areas, says deputy FM</a>

The basics are international law is upheld and if it is not upheld then it starts to crumble.&nbsp;

WION: Larger relationship between India and Baltic region?

Kariņš: The interest from Baltic in India is growing and vice-a-versa, this is a positive approach. We are a part of EU and it’s a very vibrant market, in this region, the Nordics are working closely with India.

Latvian Foreign Minister Krišjānis Kariņš, on a visit to India has said that the nation's economic growth is noteworthy, and "has the potential to become the world's third-largest economy if it sustains its current trajectory.

Latvian Foreign Minister Krišjānis Kariņš, on a visit to India has said that the nation's economic growth is noteworthy, and "has the potential to become the world's third-largest economy if it sustains its current trajectory." As the world's largest democracy, it is crucial for India to assume a leadership role, he said during an exclusive interview with WION . Also read: Exclusive: India-Middle East Europe Corridor an opportunity to establish real connectivity, says ex-Italy FM The foreign minister, who was speaking on the sidelines of Raisina Dialogu, covered diverse topics ranging from Red Sea attacks to the Israel-Gaza situation. WION: Key focuses areas in Delhi during your visit? Kariņš: The central dialogue revolves around the countries with similar values to collaborate, given the escalating global dangers and complexities. Latvia, India, and the EU, united by common foundational values, particularly in upholding international law, face challenges exemplified by conflicts such as the Middle East war and the Russia-Ukraine situation. Also read: Latvia's Deputy Foreign Minister calls Russia-Ukraine war an 'existential threat' to the global world Additionally, North Korea's nuclear posturing and the uncertain intentions of China concerning Taiwan add to the geopolitical uncertainties. In light of these escalating tensions, there is a pressing need to find diplomatic solutions to de-escalate and restore balance. India, positioned as a key player in the Indo-Pacific, and the EU naturally find common ground in their shared values, underscoring the necessity for collaborative efforts. WION: About Indian mission in Latvia? Kariņš: We’re happy that we have Latvian mission here in New Delhi. Just this month the Indian government took a decision and they want to open a permanent representation in Latvia, having an embassy in each other’s country will help further. WION: Engagement in terms of people-to-people relationship and investment? Kariņš: We have a growing number of Indian students, we have a growing [Indian] community. We see a growing number of Latvian companies that are successfully exporting into India. This is a good base to start. WION: On situation panning out in hot spots- Red Sea increased attacks and Israel-Gaza situation? Kariņš: The situation is evolving into a crisis, with the Houthis posing threats to the Red Sea. India is actively involved in safeguarding shipping in the region. It is crucial for the international community to maintain collaborative efforts. Latvia is engaged on two fronts - securing shipping in the Red Sea and facilitating dialogues between Israel and the Palestinians. Also read: Exclusive I 'India an attractive investment destination for Austria', says Labour Minister Martin Kocher The advocated solution is a two-state resolution, emphasising the necessity for a Palestinian state to dissuade young Palestinians from turning to terrorism. Both Latvia and Europe are steadfast in this belief, and concerted efforts are required to persuade all parties involved. WION: India as a voice of the global south? Kariņš: India is a growing economy and it will become third largest economy if it probably continues to grow. As world’s biggest democracy, I think it’s very important to take on this leadership role. It’s the discussion we need to speak with one another. The connection with Europe is through values. When there’s uncertainty, we fall back on basics. Also read: Exclusive: Norway shares very strong relationship with India across areas, says deputy FM The basics are international law is upheld and if it is not upheld then it starts to crumble. WION: Larger relationship between India and Baltic region? Kariņš: The interest from Baltic in India is growing and vice-a-versa, this is a positive approach. We are a part of EU and it’s a very vibrant market, in this region, the Nordics are working closely with India.

Exclusive | India has potential to become the world's third-largest economy: Latvian FM Krišjānis Kariņš

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