Economic diplomacy, which includes trade agreements, investment partnerships, and technology cooperation, is becoming as vital as traditional diplomacy. This evolution is driven by geopolitical tensions, technological advancements, and climate change, leading countries to prioritize economic ties alongside political alliances. Dr. Harvansh Chawla, Chairman of the BRISEC Chamber of Commerce & Industry, emphasizes that economic diplomacy is now a defining pillar of foreign policy, creating long-term strategic value. India's role in economic diplomacy has grown, with the country enhancing its global economic footprint through infrastructure investments and digital transformation. Businesses are no longer passive participants but are actively shaping trade policies and investment frameworks, necessitating platforms for dialogue among various stakeholders. Furthermore, resilience in a volatile global environment is a key goal of modern economic diplomacy, requiring collaboration across sectors to tackle challenges like climate change and food security. As economic and diplomatic priorities align, the future of international engagement will increasingly depend on the ability to forge partnerships that foster growth and stability.