India, Dec. 20 -- The global economic and political pecking order has undergone a significant change and the global order established 80 years ago is clearly unravelling, External Affairs Minister S Jaishankar said on Saturday.

He also asserted that it is essential to recognize that global powers are no longer capable of being universal.

Jaishankar said drawing a "definitive picture" of the world today is a real problem because "so much of it is in transition". The External Affairs Minister was speaking at the convocation of the Symbiosis International in Pune.

"Now, let's fast forward a few decades and come to the present. Where the world is concerned, asserting today a definitive picture is obviously a real problem because so much of...