BS EDIT: A START for multilateralism

By Business StandardPublished On Feb 10, 2026

Rising global insecurity

Irredentism and neo-imperialism among nuclear powers have sharply raised global threat perceptions over the past five years

New START expiry risk

With the US–Russia New START treaty expiring and no replacement in sight, limits on nuclear stockpiles have effectively disappeared

Scale of the nuclear problem

Nine nuclear-armed states now possess 12,241 warheads, with over 9,600 in military stockpiles, according to SIPRI

China and regional escalation

China’s arsenal is the fastest growing, while India, Pakistan, and others continue modernisation amid rising regional tensions

Limits of deterrence

Nuclear weapons do not prevent conflict but embed constant escalation risks, especially under hyper-nationalist leaderships

Need for multilateral action

The expiry of New START creates an opportunity to push for a global, multilateral disarmament framework beyond bilateral treaties