Kuala Lampur, July 3 -- Protectionism is on the rise. The US, through recent pronouncements, gave clear signals of this. The US is not alone. Many other economies are on a similar path. As a trading nation, this should be a concern to us as well. The global trade dynamics are changing. We need to restrategise. The global supply chains are at risk of being disrupted. Much of our manufacturing economy relies on such supply economics.

To cope, we need to be more resilient. We must strive for greater economic independence. Since technology has become a critical factor in the economy, calls for technology sovereignty have grown louder. Some countries have developed indices to help monitor and make strategic changes to their technology ownersh...