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PM Modi Highlights BRICS as Innovation and Trade Powerhouses Amid Global Uncertainties

Modi said the plan would push UN reform, align financial institutions with current realities and create a network to help seafarers in emergencies.

  • On Saturday, Prime Minister Narendra Modi opened the 2026 BRICS Summit in New Delhi, urging the Global South to transition from a 'rule-taker' to a 'rule-shaper' amid trade friction and geopolitical instability.
  • As BRICS marks its 20th anniversary, Modi noted the bloc's combined GDP expanded nearly four-and-a-half-fold, significantly outpacing global growth of two-and-a-half-fold and establishing the grouping as a vital innovation hub.
  • Modi proposed a 'Seafarers' Emergency Support Network' linking maritime authorities across member nations, while launching the BRICS Incubator Network and MSME Portal to connect startups with cross-border finance and markets.
  • Advocating for a 'platform of partnership' over a 'pyramid of privilege,' Modi pushed for UN Security Council reform and urged aligning international financial institutions with current global economic realities.
  • Modi proposed a 10-point roadmap and 'Troika' continuity mechanism to ensure BRICS maintains institutional momentum, aiming to translate consensus into concrete global outcomes over the next 20 years.
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The Indian Prime Minister today called on the BRICS bloc countries to transform the pyramid of privileges of world governance and proposed the development of a roadmap with ten reform proposals until the next summit.

·Lisboa, Portugal
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The Arabian Stories News broke the news on Friday, September 11, 2026.
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