In the 18th and 19th centuries, European powers sought control over markets and raw materials in Asia and Africa, which resulted in significant economic and human costs for those regions. Despite the development of infrastructure like railways and ports, local industries were not nurtured; instead, resources were exported to Europe, leading to profound economic implications for the affected nations. Now, a similar narrative emerges as U.S. Secretary of State Marco Rubio calls for Western nations to re-engage in this competitive dynamic, focusing on gaining market share in the 'Global South' economy.

Rubio's statements at the Munich Security Conference have raised eyebrows, as many experts perceive these remarks as a continuation of the Trump administration's policies, potentially likening them to colonial ambitions. The Munich Security Conference is noted for being one of the most influential annual forums on foreign and security policy, attended by heads of state, military leaders, and diplomats from over 70 countries. Rubio's reference to creating a 'new Western century' due to renewed efforts in these regions suggests a strategic shift in how Western nations view their role and influence globally.

The implications of Rubio's speech are profound, as they may signal an emerging U.S. policy that encourages competition and possibly exploitation in the Global South. Experts believe that India, among other nations, should strongly condemn these views, as such rhetoric could lead to further geopolitical tensions and a return to exploitative practices that have long-lasting effects on developing economies. This conversation reopens historical wounds and questions the ethical considerations of international relations today.