Jaishankar was briefing members of the Consultative Committee on External Affairs including former Congress president Rahul Gandhi.
Arguing that strained India-Pakistan ties had impacted Afghanistan tremendously, former Afghan president Hamid Karzai said maintaining balance between the two had been very difficult.
In an address at the Raisina Dialogue, Gen Rawat also said there is a need to take a hardline approach in dealing with terrorism, the way the US went after terror groups after the 9/11 terror attacks.
India decided to stay away from the trade deal after years of negotiations failed to bring out a solution to New Delhi’s concerns.
The prime minister also thanked Iranian leadership for the progress in Chabahar project, including designating it as Special Economic Zone.
In his address at the Raisina Dialogue here, Shahid said that with 10 billion tonnes of cargo and 65 per cent of world trade passing through, the Indian Ocean region is a key geopolitical arena.
In remarks that come at a time several countries have called for a greater Indian role in the Indo-Pacific, the minister also said it is not the India way to be mercantilist.
External Affairs Minister S Jaishankar on Tuesday said India had been largely successful in creating own platforms, organising discourses and shaping narratives.
The spiralling US-Iran tensions following the killing of Iranian general Qasem Soleimani in an American drone strike were also discussed.
Iran foreign minister Javed Zarif's participation assumes significance as it comes following the killing of Iranian Quds Force commander Qassem Soleimani.