PM Modi Highlights BRICS as Innovation and Trade Powerhouses Amid Global Uncertainties
- On Friday, Prime Minister Narendra Modi addressed the BRICS Business Forum in New Delhi, emphasizing India's commitment to removing trade barriers and building cooperation networks across the bloc.
- The Prime Minister highlighted that BRICS nations represent 50% of the world's population, 40% of global GDP, and over 25% of global trade, with economic strength growing nearly twice as fast as the rest of the world.
- Adopting the mantra of "building for resilience, innovation and cooperation" over 12 years, India established initiatives including the BRICS MSME Portal and BRICS Startup Innovation Fund to connect businesses with finance.
- Modi noted that around 200 women business leaders participated in the alliance meeting held in India, while emphasizing that global trade requires secure sea lanes and safe seafarers.
- Iranian President Masoud Pezeshkian and Russian President Vladimir Putin warned of "ugly forms" of competition, citing economic instruments used for political pressure and threats of secondary sanctions against BRICS nations.
38 Articles
38 Articles
Trade Barriers Rising Globally, India Building Economic Bridges: PM Modi at BRICS Business Forum
Get latest articles and stories on India at LatestLY. "Today, while trade barriers are rising globally, India is building economic bridges. Since 2014, we have entered into free trade agreements with nearly 40 countries," PM Modi said. India News | Trade Barriers Rising Globally, India Building Economic Bridges: PM Modi at BRICS Business Forum.
New Delhi, Sep 11 (EFE).- Indian Prime Minister Narendra Modi this Friday defended before the BRICS a policy of commercial openness and safe shipping routes at a time marked by wars, new economic barriers and tensions between several of India’s main partners. “As trade barriers increase in the world, the [...] The Modi entry defends free trade against the BRICS against the global rise of protectionism was first published in HolaNews.
‘BRICS economies growing at twice global rate’: Modi on trade barriers & freedom of navigation
Prime Minister Narendra Modi addressed the BRICS Business Forum in New Delhi, highlighting the grouping’s growing role in the global economy. Modi said BRICS economies have expanded at roughly twice the growth rate of the world economy. He highlighted India’s infrastructure expansion, more than 2 lakh startups and the growing role of AI and edtech. Modi also highlighted UPI and India’s digital payments ecosystem, while pitching the country as a …
PM Modi highlights trade barriers and sea route disruptions at BRICS Business Forum
Also speaking at the Forum, Russian President Vladimir Putin talked about the ongoing shift in global economic power, while Iranian President Masoud Pezeshkian spoke about the need to move trade away from a system dominated by a few currencies
PM Modi’s opening message: India’s BRICS presidency puts economic power on a new track |Putin, China
Prime Minister Narendra Modi, speaking at the BRICS Business Forum in India, highlighted the growing economic influence of the BRICS grouping. Modi said BRICS nations now represent 50% of the world’s population, 40% of global GDP and more than 25% of global trade. He said that while the global economy has grown around two-and-a-half times over the years, the combined GDP of BRICS nations has expanded nearly four-and-a-half times, showing the blo…
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