BRICS Leaders Call for Transition From Potential to Operational Cooperation Amid Global Economic Challenges
Modi said BRICS nations account for 50% of the world’s population and urged members to convert economic momentum into practical trade cooperation.
- On Friday, Prime Minister Narendra Modi addressed the BRICS Business Forum in India, highlighting that BRICS nations account for 50% of the world's population, 40% of global GDP, and over 25% of global trade.
- Modi noted the combined GDP of BRICS nations has expanded nearly four-and-a-half-fold, growing at nearly twice the pace of the rest of the world compared to a two-and-a-half-fold increase in global GDP.
- The Prime Minister emphasized India's 12-year mantra of "building for resilience, innovation and cooperation" while hosting the largest BRICS Business Forum to date.
- Modi stated global trade requires secure sea lanes, while the BRICS Women's Business Alliance recently convened around 200 women leaders to drive economic growth.
- India is expanding roads, ports, and airports while developing capabilities in semiconductors and biotechnology, having entered free trade agreements with nearly 40 countries since 2014 to reduce trade barriers.
25 Articles
25 Articles
‘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’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…
At BRICS Business Forum, PM Modi mentions Hormuz: 'Global trade only possible when sea routes are safe'
Prime Minister Narendra Modi said global trade can advance only when sea lanes remain secure, supply routes stay open and seafarers are protected, stressing that India strongly supports freedom of navigation and the safety of seafarers.
PM Modi Highlights BRICS as Innovation and Trade Powerhouses Amid Global Uncertainties
PM Narendra Modi praises BRICS nations for their significant role in global innovation and trade. During the BRICS Business Forum, he emphasized the economic strength of BRICS, India's resilience in supply chains, and initiatives like the BRICS Incubator Network, aiming to boost investment and talent exchange.
Amid global uncertainties, India offers confidence for growth and stability, is building economic bridges: PM Modi at BRICS Business Forum
Noting that India is building economic bridges while trade barriers are rising globally, Prime Minister Narendra Modi on Friday said that the country has made supply chains across sectors more diversified and offers the assurance of growth and stability even amidst global uncertainties.
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