New Delhi, Oct. 29 -- Foreign policy needed to transform to reflect new geopolitical interests as India's economy opened up in 1991, Union external affairs minister S Jaishankar said at the launch of the fifteenth finance commission chairman Nand Kishore Singh's book in New Delhi on Wednesday.

"It was a very different world during the years of your travels to South America and Japan [in the 1970s-80s]. Once the course correction started in 1991-92, and the economic model changed, the political company also underwent a certain change. When I look back at that era, there was a lot of posturing on many big issues; we actually got left out, which is why we also had to make course corrections in foreign policy along with the economic reforms,...