Latest news with #BuildingResilienceandInnovationforCooperationandSustainability


India Gazette
5 days ago
- Politics
- India Gazette
India will define BRICS in a new form next year Modi
Issues facing the Global South will get priority under Indias chairmanship of the grouping India intends to define BRICS "in a new form" next year and prioritize the main issues facing the Global South, Prime Minister Narendra Modi said on Monday. Speaking on the second day of the annual BRICS summit in Rio de Janeiro, the Indian leader said his country, which will assume the chairmanship of the group in 2026, will follow a people-centric approach. "Under India's BRICS presidency, we will work to define BRICS in a new form," Modi said. "BRICS will mean Building Resilience and Innovation for Cooperation and Sustainability. Just as, during our G-20 chairmanship, we gave priority to the issues of the Global South in the agenda, similarly during our chairmanship of BRICS, we will take this forum forward in the spirit of people-centricity and humanity first." In hisspeechat the Rio's summit's plenary session, Modi stressed on the need for BRICS members to assist developing countries. "The Global South has many hopes from us," he said. "To fulfil them, we must follow the principle of 'Lead by Example'. India is fully committed to working shoulder-to-shoulder with all our partners to achieve our common goals." BRICS was established in 2006 by Brazil, Russia, India, and China, with South Africa joining in 2010. In 2024, the bloc extended full membership to Iran, Egypt, Ethiopia, the United Arab Emirates. Indonesia became its latest full member this year. Over 30 more nations have applied to join the group. Over the last several years, India along with the other BRICS countries has been voicing the need to contribute to amultipolar world. "Together, we strive for a more peaceful, equitable, just, democratic and balanced multipolar world order," Modi said before leaving India for the Rio summit. The grouping has increasingly come under fire from US President Donald Trump, who on Monday threatened to impose an additional 10%tariffon any country which "aligns itself" with BRICS, accusing the bloc of adopting "anti-American policies." In a joint declaration at the close of the Rio summit, BRICS members criticized unilateral tariff actions and condemned "indiscriminate" trade measures, although the statement did not directly mention the US. (


New Indian Express
5 days ago
- Business
- New Indian Express
Building resilience, innovation, voice of Global South: Modi's BRICS vision
NEW DELHI: Prime Minister Narendra Modi on Monday laid out an ambitious roadmap for India's upcoming chairmanship of the BRICS grouping, pledging to reshape the bloc's agenda with a renewed focus on resilience, innovation, and sustainability, while continuing to champion the voice of the Global South. 'Under India's BRICS Chairmanship, we will define BRICS in a new form. BRICS would mean 'Building Resilience and Innovation for Cooperation and Sustainability',' Modi said, addressing fellow leaders at the 17th BRICS meet in Brazil. He affirmed that India's leadership of the group, which includes among others Brazil, Russia, India, China, and South Africa, would build on the inclusive and people-first approach that defined its presidency of the G20 in 2023. 'Just as during our G20 Presidency, we ensured inclusivity and prioritized issues of the Global South, in the same way, during our BRICS Chairmanship, we will take this forum forward with a people-centric approach and the spirit of Humanity First,' Modi said. He stressed on future-oriented vision for BRICS anchored in multilateral reform, sustainable development, tech equity, and global cooperation. Speaking at the session on Environment, COP30, and Global Health, he emphasised that climate action for India is rooted in ancient tradition and moral obligation. 'For us, climate change is not merely an issue of energy; it is about maintaining balance between life and nature,' Modi said. Despite being the world's fastest-growing major economy, he noted, India was the first to meet its Paris climate targets ahead of schedule. However, he warned that without affordable financing and technology transfer, 'climate action will otherwise remain confined merely to climate talks.' Calling the COVID-19 pandemic a sobering reminder of shared vulnerability, he added, 'Viruses do not arrive with visas, nor are solutions chosen based on passports.' Modi urged BRICS nations to deepen cooperation on global health. On economic and institutional reform, Modi welcomed Brazil's emphasis on reworking the international financial system and stressed the need for the BRICS New Development Bank to support development through demand-driven, sustainable, and transparent financing.


India Gazette
5 days ago
- Business
- India Gazette
PM Modi departs for Brasilia after attending BRICS Summit in Rio de Janeiro
Rio de Janeiro [Brazil], July 8 (ANI): Prime Minister Narendra Modi departed for Brasilia on Monday night after attending the 17th BRICS Summit in Rio de Janeiro. PM Modi is travelling to Brasilia for his State Visit to Brazil, where he will hold bilateral discussions with Brazilian President Luiz Inacio Lula da Silva on the broadening of the Strategic Partnership between two nations in areas of mutual interest, including trade, defence, energy, space, technology, agriculture, health and people-to-people linkages. Earlier on Monday, PM Modi met Uruguay President Yamandu Orsi on the sidelines of the BRICS Summit and discussed the expansion of the India-MERCOSUR Preferential Trade Agreement. 'They reviewed cooperation in the areas of digital collaboration, ICT, Digital Public Infrastructure and UPI, defence, railways, health and pharmaceuticals, agriculture, energy, culture and people-to-people linkages,' the MEA said in a statement. 'A key area of discussion was strengthening bilateral trade and investment. Both sides expressed interest in the expansion of the India-MERCOSUR Preferential Trade Agreement, aiming to unlock greater economic potential and trade complementarities,' it added. Earlier, PM Modi, along with other BRICS leaders, partners and outreach invitees, gathered for the traditional family photo at the 17th BRICS Summit in Rio de Janeiro. While addressing a session on 'Environment, COP-30 and Global Health' at the BRICS Summit in Brazil on Monday, PM Modi said India would redefine the BRICS grouping under its upcoming chairmanship by focusing on 'Building Resilience and Innovation for Cooperation and Sustainability.' 'Under India's BRICS Chairmanship, we will define BRICS in a new form. BRICS would mean 'Building Resilience and Innovation for Cooperation and Sustainability'.' He affirmed that India would carry forward the spirit of people-centric progress during its leadership of the BRICS in the coming year. PM Modi arrived in Brazil on Saturday (local time) after concluding his visit to Argentina, where he held a bilateral meeting with Argentine President Javier Milei. After Brazil, PM Modi will head to Namibia on July 9 and also address its parliament. PM Modi began his five-nation visit on Wednesday in Ghana. From Ghana, PM Modi went to Trinidad and Tobago and then to Argentina. (ANI)


News18
5 days ago
- Business
- News18
'Extensive Deliberations At Summit': PM Modi Wraps Rio BRICS Visit, Shares Insights
Last Updated: Prime Minister Narendra Modi arrived in Brasilia for a bilateral meeting with Brazilian President Luiz Inacio Lula da Silva. Prime Minister Narendra Modi arrived in Brasilia on Monday night after concluding a successful 17th BRICS Summit in Rio de Janeiro. He will hold bilateral discussions with Brazilian President Luiz Inacio Lula da Silva on broadening the Strategic Partnership between the two nations in areas of mutual interest, such as trade, defence, energy, space, technology, agriculture, health and people-to-people linkages. Taking to X, the Prime Minister termed the Rio leg of his Brazil visit as 'productive" and said that the leaders of the BRICS nations had extensive deliberations at the Summit, which concluded on Monday. 'The Rio leg of my Brazil visit was very productive. We had extensive deliberations at the BRICS Summit. I compliment President Lula and the Brazilian Government for the work they've done through their BRICS Presidency in making this platform even more effective. My bilateral meetings with world leaders will also boost India's friendship with various nations," PM Modi tweeted. The Rio leg of my Brazil visit was very productive. We had extensive deliberations at the BRICS Summit. I compliment President Lula and the Brazilian Government for the work they've done through their BRICS Presidency in making this platform even more effective. My bilateral… — Narendra Modi (@narendramodi) July 7, 2025 Before departing for Brasilia, PM Modi gathered along with other leaders of the bloc for the tradition family photo at the 17th BRICS Summit in Rio de Janeiro. While speaking at the BRICS Summit in Brazil on Monday, PM Modi said India would reshape BRICS during its upcoming chairmanship with the theme 'Building Resilience and Innovation for Cooperation and Sustainability." He emphasized continuing people-focused progress under India's leadership. PM Modi arrived in Brazil on Saturday after visiting Argentina, where he met President Javier Milei. He will visit Namibia on July 9 and address its Parliament. His five-nation visit began in Ghana, followed by visits to Trinidad and Tobago, Argentina, and Brazil. Location : Brazil First Published: July 08, 2025, 04:02 IST


India Gazette
5 days ago
- Business
- India Gazette
"Under India's BRICS Chairmanship, we will define BRICS in a new form": PM Modi in Brazil
Rio de Janeiro [Brazil], July 7 (ANI): Prime Minister Narendra Modi on Monday said India would redefine the BRICS grouping under its upcoming chairmanship by focusing on 'Building Resilience and Innovation for Cooperation and Sustainability.' Addressing the BRICS Summit in Brazil, PM Modi said, 'Under India's BRICS Chairmanship, we will define BRICS in a new form. BRICS would mean 'Building Resilience and Innovation for Cooperation and Sustainability'.' He affirmed that New Delhi would carry forward the spirit of people-centric progress during its leadership of the bloc comprising Brazil, Russia, India, China, and South Africa. 'In the coming year, under India's BRICS Chairmanship, we will continue close cooperation on all subjects,' the Prime Minister said. Modi underlined how India's presidency of the G20 elevated the concerns of the developing world and promised a similar approach for BRICS. 'Just as during our G-20 Presidency, we ensured inclusivity and prioritized issues of the Global South in the agenda,' he said, 'In the same way, during our BRICS Chairmanship, we will take this forum forward with a people-centric approach and the spirit of Humanity First.' This message of unity and collaboration was reflected earlier in the day, as Prime Minister Narendra Modi, along with other BRICS leaders, partners and outreach invitees, gathered for the traditional family photo at the 17th BRICS Summit in Rio de Janeiro on Monday morning (local time). The summit brought together leaders and representatives from BRICS nations and partner countries to discuss cooperation and strategic partnerships, marking a significant moment of unity and collaboration among the countries that the grouping represents. Hosted by Brazil from July 7 to July 9, the summit saw leaders from Brazil, Russia, India, China, South Africa, and new members Egypt, Ethiopia, Iran, the UAE, and Indonesia come together during the event. Prime Minister Narendra Modi participated in the 17th BRICS Summit being held in Rio de Janeiro, Brazil on July 6-7, 2025, the Prime Minister's Office (PMO) said in a statement. During the summit, the leaders held productive discussions on various issues on the BRICS agenda, including reform of global governance, enhancing the voice of the global south, peace and security, strengthening multilateralism, development issues, and Artificial Intelligence. Prime Minister Modi thanked the President of Brazil for his warm hospitality and the successful organisation of the Summit, the statement added. In his address to the inaugural session on 'Reform of Global Governance and Peace and Security,' the Prime Minister reaffirmed India's commitment to enhancing the voice of the Global South. He noted that developing countries required greater support for sustainable development, especially in terms of access to climate finance and technology. Highlighting that the global organisations of the 20th century could not deal with the challenges of the 21st century, he underscored the need for reforming them. Calling for a multipolar and inclusive world order, the Prime Minister stated that global governance institutions such as the UN Security Council, the IMF, the World Bank, and the WTO must undergo urgent reform to reflect contemporary realities. He thanked the leaders for highlighting the urgency of UN Security Council reform and adopting strong language on the issue in the Summit Declaration. On Peace and Security, the Prime Minister underlined that terrorism was a grave threat facing humanity. In this context, he noted that the Pahalgam terror attack in April 2025 was not just an attack on India but an onslaught on all of humanity. Calling for strong global action against terrorism, the Prime Minister emphasised that those funding, promoting, or providing safe havens to terrorists must be dealt with in the harshest terms. He stressed that there should be no double standards in dealing with terrorism and thanked the BRICS leaders for condemning the Pahalgam terror attack in the strongest terms. Calling upon the BRICS countries to strengthen the global fight against terrorism, he emphasised that there should be zero tolerance in dealing with the menace, as per the statement. Further elaborating on the subject, the Prime Minister noted that conflicts, from West Asia to Europe, were a matter of deep concern. He added that India has always called for dialogue and diplomacy to resolve such conflicts and was ready to contribute towards such efforts. Addressing the session on 'Strengthening Multilateralism, Economic-Financial Affairs and Artificial Intelligence,' the Prime Minister expressed that diversity and multipolarity were valued strengths of BRICS. He stated that at a time when the world order was under pressure and the global community was facing uncertainty and challenges, the relevance of BRICS was evident. He further added that BRICS could play an important role in shaping a multipolar world. In this regard, he offered four suggestions: one, the BRICS New Development Bank must follow demand-driven principles and long-term sustainability for granting projects; two, the group consider setting up a Science and Research repository which could benefit global south countries; three, focus must be given to making the supply chain of critical minerals secure and resilient; and four, the group should work for responsible AI--while looking into the concerns of AI governance, it should also give equal importance to promoting innovation in the field, the statement said. After the Leaders' Session, the member countries adopted the 'Rio de Janeiro Declaration'. (ANI)