Baku: The world is currently moving along a more dangerous and alarming geopolitical trajectory, said Tobias Ellwood, former member of the UK Parliament, during the panel discussion titled 'China and the Global Governance Initiative' held within the framework of the 13th Baku Global Forum, APA reports.

According to Azeri-Press News Agency, Ellwood highlighted the possibility of a Third World War, stating that while a war is not expected to occur in the same form as the Second World War, there is a possibility of a global-scale confrontation. He emphasized that denying this possibility is akin to denying reality and being dragged towards it.

Ellwood also pointed out that the world is currently facing new challenges. Rising energy prices, ensuring energy supply for economies, and the management of water resources, along with competition for dominance in areas such as artificial intelligence and quantum technologies, are creating new areas of confrontation between states. He noted that clear rules and effective cooperation mechanisms have not yet been established at the international level in these areas. The absence of consensus among the world's leading powers on new global rules weakens cooperation, leading the globalization process into a phase of fragmentation.