Page 2 - Brics Summit

Datanomics: Laying strong foundation Bric(s) by Bric(s) for global ties

Today, Brics represents approximately 49.5 per cent of the global population and around 40 per cent of the world's GDP

PM Modi meets Presidents of Bolivia, Uruguay to boost trade, bolster ties

Prime Minister Narendra Modi on Monday met Bolivian President Luis Alberto Arce Catacora and discussed ways to bolster cooperation in areas such as critical minerals, trade and investment, healthcare and space, among others. In a social media post, Modi said he had a "fruitful meeting" with President Catacora on the sidelines of the BRICS summit. He described Bolivia as a valued partner in Latin America and said that bilateral ties between the two countries have become much stronger in recent years. "We talked about the need for improving and diversifying trade linkages on a priority basis. We discussed how we can collaborate in sectors such as digital technology, critical minerals, healthcare, space and more," Modi said. In a statement, the Ministry of External Affairs (MEA) said that the two leaders discussed cooperation in critical minerals, trade and commerce, digital public infrastructure & UPI, health and pharmaceuticals, traditional medicine, small & medium Industries, .

For India, climate justice is no alternative; it is a moral duty: PM Modi

Under its presidency, India will work to define BRICS in a new form and it will be 'Building Resilience and Innovation for Cooperation and Sustainability', Prime Minister Narendra Modi said at the summit of the grouping on Monday. India will hold the BRICS presidency next year. In an address at a session on environment and global health, Modi also said that the health of the earth and the health of people are connected to each other. "For India, climate justice is no alternative; it is a moral duty," Modi said, adding: "Where some people measure it in numbers, India lives it in values." The prime minister also indicated India's possible priorities during its presidency of the BRICS grouping. "Under India's BRICS presidency, we will work to define BRICS in a new form. BRICS will mean -- Building Resilience and Innovation for Cooperation and Sustainability," he said. Modi also underlined the need to remain prepared for any eventualities. The COVID pandemic taught us that viruses d

Trump slams BRICS as 'Anti-American', Bloc pushes back: Key takeaways from the Rio summit | China

US President Donald Trump has warned of an additional 10% tariff on countries aligning with what he called BRICS’ "Anti-American" policies.

PM Modi, Malaysia PM discuss Asean-India FTA review at Brics summit

The review of the ASEAN-India FTA figured during Prime Minister Narendra Modi's talks with his Malaysian counterpart Anwar bin Ibrahim on the sidelines of the BRICS summit. The two leaders reviewed progress in bilateral relations, including in areas of trade and investment, defence, education, healthcare, tourism and people-to-people contacts, the Ministry of External Affairs (MEA) said in a statement on Sunday after the meeting. Modi congratulated Malaysia for its successful chairmanship of the Association of Southeast Asian Nations (ASEAN), a regional grouping of 10 states in Southeast Asia. PM Modi welcomed Malaysia's continued support for a strengthened ASEAN-India Comprehensive Strategic Partnership, including the early and successful completion of the review of the ASEAN-India FTA, the MEA said. The FTA was signed in 2009 and implemented in January 2010. In August 2023, both sides announced a complete review of the existing agreement in goods by 2025. It is learnt that the

Brics condemns strikes on Iran, call for upholding international law

In the Rio de Janeiro Declaration released after the summit, the BRICS leaders outlined wide-ranging priorities across global peace, multilateralism, and development

'Brics not aimed at any country', says China after Trump's tariff warning

China defended Brics as a non-confrontational bloc, responding to Donald Trump's threat to impose a 10 per cent tariff on any country aligning with what he called 'anti-American' policies

PM Modi calls for responsible AI, invites Brics nations to AI Impact Summit

PM Modi stated that the diversity of the Brics group and its firm belief in multipolarity is its "biggest strength"

EAM Jaishankar meets counterparts from Iran, Mexico at Brics Summit

External Affairs Minister S Jaishankar met his Iranian and Mexican counterparts on the sidelines of the Brics Summit in Rio, discussing regional issues and cooperation in health, tech and space

Brics must reflect credibility, lead Global South by example: PM Modi

Prime Minister Narendra Modi on Sunday called for BRICS to act as a catalyst for global cooperation and a multipolar world, urging the grouping to lead by example and meet the expectations of the Global South. Speaking at the Outreach Session on 'Strengthening Multilateralism, Economic-Financial Affairs and Artificial Intelligence' at the 17th BRICS Summit here, Modi said the strength of the bloc lies in its diversity and shared commitment to multipolarity. "The diversity of the BRICS group and our firm belief in multipolarity are our greatest strengths. We must reflect on how BRICS can serve as a guiding force for a multipolar world in times to come," the prime minister said. He stressed that to be taken seriously on the global stage, BRICS must first improve its internal systems. In a post on X he said,"First, emphasis should be on improving our own systems so that our credibility is boosted when we call for reformed multilateralism. This is important considering economic ...

Brics welcomes Indonesia as member, 10 other nations as partner countries

Belarus, Bolivia, Kazakhstan, Nigeria, Malaysia, Thailand, Cuba, Vietnam, Uganda, and Uzbekistan joined Brics as partner countries

PM Modi meets Cuban President, discusses pharma, UPI at Brics Summit

Prime Minister Narendra Modi and Cuban President Miguel Diaz-Canel Bermudez on Sunday discussed ways to bolster bilateral ties across key sectors such as pharmaceuticals, biotechnology, traditional medicine and digital public infrastructure during a meeting on the sidelines of the 17th BRICS Summit. According to an official statement by the Ministry of External Affairs (MEA), both leaders also exchanged views on enhancing cooperation in areas including Ayurveda, Unified Payment Interface (UPI), disaster management, and capacity building. The two leaders agreed to work on issues of concern to the global South, including in the areas of health, pandemics and climate change. They appreciated the cooperation between the two countries in the multilateral arena, the statement added. "PM Narendra Modi met with President Miguel Diaz-Canel Bermudez of Cuba on the sidelines of the 17th BRICS Summit in Rio de Janeiro, Brazil," MEA spokesperson Randhir Jaiswal said in a post on X. He posted, .

Decade-old Brics ambition to push local currency remains a pipe dream

Despite the group's aspirations, progress has been slow - and the tide of global trade is shifting so quickly that it may be impossible to catch up

We welcome India's candidacy to host COP 33 in 2028: Brics declaration

In a joint declaration at the 17th Brics Summit on Sunday, they also expressed their commitment to remain united in the pursuit of the purpose and goals of the Paris Agreement

PM Modi, Malaysian counterpart review ties at Brics Summit sidelines

Prime Minister Narendra Modi on Sunday met his Malaysian counterpart Anwar bin Ibrahim on the sidelines of the 17th BRICS Summit here and discussed ways to strengthen bilateral ties along with regional security. The two leaders reviewed the progress in India-Malaysia relations since Prime Minister Ibrahim's state visit to India in August 2024, with particular focus on trade and investment, defence, education, healthcare, tourism and people-to-people exchanges, the Ministry of External Affairs said in a statement. Modi thanked Ibrahim for his strong condemnation of the recent Pahalgam terror attack and appreciated Malaysia's support on issues of mutual concern. The two also exchanged views on cooperation in the multilateral arena and regional security. Prime Minister Narendra Modi congratulated Malaysia on its successful chairmanship of Association of Southeast Asian Nations (ASEAN). He welcomed its continued support for the ASEAN-India Comprehensive Strategic Partnership, includin

Brics condemns Pahalgam attack; calls out double standards against terror

The BRICS grouping on Sunday condemned the Pahalgam terror attack in the strongest terms and echoed India's position to pursue a "zero tolerance" approach towards terrorism and called for shunning double standards in countering the menace. The top leaders of BRICS nations articulated their firm resolve to combat terrorism, including cross-border movement of terrorists and terror financing, on the first day of the grouping's two-day summit in this seaside Brazilian city. In an apparent reference to Washington's reciprocal tariffs, the leaders also criticised the "indiscriminate rising of tariffs", holding that such measures threaten to undermine global trade. The BRICS leaders unveiled the "Rio de Janeiro Declaration" that featured the bloc's position on a number of pressing global challenges, including terrorism, the situation in West Asia, trade and tariff, and reform of global institutions such as the UN Security Council and the Bretton Woods Institutions. "We condemn in the ...

Trump tariffs loom as Brics meets in Rio; PM Modi bats for Indian pharma

Modi seeks deeper pharma ties in Argentina, Trinidad

Brazil set to host Brics Summit, eager to avoid provoking Trump's ire

Brazil will play host to a summit of the BRICS bloc of developing economies Sunday and Monday during which pressing topics like Israel's attack on Iran, the humanitarian crisis in Gaza and trade tariffs imposed by US President Donald Trump are expected to be handled with caution. Analysts and diplomats said the lack of cohesion in an enlarged BRICS, which doubled in size last year, may affect its ability to become another pole in world affairs. They also see the summit's moderate agenda as an attempt by member countries to stay off Trump's radar. Brazilian President Luiz Inacio Lula da Silva will have some of his priorities, such as debates on artificial intelligence and climate change, front and center for the talks with key leaders not in attendance. China's President Xi Jinping won't attend a BRICS summit for the first time since he became his country's leader in 2012. Russian President Vladimir Putin, who will make an appearance via videoconference, continues to mostly avoid ...

PM Modi arrives in Brazil on four-day visit to attend Brics Summit

During the 17th Brics Leaders' Summit (July 6-7), Prime Minister Modi will exchange views on key global issues, including peace and security, strengthening multilateralism, responsible use of AI

Brics set to condemn Trump's 'coercive' tariffs, Mideast, climate issues

Brics leaders are discussing a call for full Israeli withdrawal from Gaza and voicing opposition to any forced displacement of Palestinians from their territory