Abstract: Purāṇas occupy a very significant position in the vast treasury of Sanskrit literature. Purāṇas deal with various branches of knowledge. The Matsyapurāṇa, like some other Purāṇas, supplies the materials relating to the statecraft apart from other different topics. Diplomacy is an integral Part of the governance of a state and various aspects relating to diplomacy are well delineated in the Matsyapurāṇa. A variety of measures regarding diplomacy, found in this Purāṇa, possesses high moral standard. With the analysis of the policies, it can be well noticed that this Purāṇa has made a great endeavour to establish peace in a state with an expectancy of least amount of bloodshed. This is a principle which is significant for all times to come.