UN like 'old company', not entirely keeping up with market: EAM Jaishankar

External Affairs Minister S Jaishankar on Sunday took a critical view of the United Nations, saying it was "like an old company", not entirely keeping up with the market but occupying the space.

During an interaction at the Kautilya Economic Conclave here, he also said that two very serious conflicts are going on in the world. "And where is the UN on them, essentially a bystander," the minister said.

In response to a query on the possible outcome of the US elections, he said the US actually has "made a shift", geopolitically and in its economic outlook, and irrespective of the outcomes in November, many of these trends will "intensify" in the days to come.

Jaishankar took part in the interactive session on 'India and the Globe' and spoke of India's role and challenges amid changing global dynamics.

"So, we are both a lifting tide and a bit of paradoxical one, a ballast as well," Jaishankar said as he enumerated some of the steps India has taken to help other countries, including it