BRICS members have similar approach to governance of global economy: PM


PTI, Jun 23, 2022, 6:28 PM IST

The BRICS member nations have a similar approach to the governance of the global economy and mutual cooperation can make a useful contribution to the post-Covid economic recovery, Prime Minister Narendra Modi said on Thursday.

The Prime Minister said this in his opening remarks at the virtual BRICS annual summit in presence of Chinese President Xi Jinping, Russian President Vladimir Putin and top leaders of Brazil and South Africa. The summit is being hosted by China as the Chair for this year.

The BRICS (Brazil-Russia-India-China-South Africa) brings together five of the largest developing countries of the world, representing 41 per cent of the global population, 24 per cent of the global GDP and 16 per cent of the global trade.

”Our mutual cooperation can make a useful contribution to the global post-Covid recovery,” Modi said.

He said the structural changes undertaken in the BRICS in the last few years increased the influence of the grouping.

It is a matter of happiness that membership of the New Development Bank (NDB) has increased, Modi said adding cooperation among the member countries has benefitted their citizens.

”I am confident that our deliberations today will produce suggestions to further strengthen our ties,” he said.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

‘Nation First’ key to India’s progress, says President Murmu

Karnataka BJP chief Vijayendra slams Cong govt over Waqf notices to farmers, fund crunch

Man declared dead wakes up before cremation, 3 doctors suspended in Rajasthan

Teen stabs man to death at railway station in Mumbai after quarrel over local train seat

BJP stages protest against Karnataka govt over Waqf properties row

Youth attempts suicide after being humiliated in public for wearing ripped jeans in Belthangady

India crawl to 51 for 4 after losing top-order

Related Articles More

Cal HC stays demolition of illegal constructions in Mandarmoni

Delhi LG praises CM Atishi, calls her ‘thousand times better than her predecessor’

Kharge confident of Cong and allies coming to power in Maharashtra, Jharkhand

‘Nation First’ key to India’s progress, says President Murmu

Priyanka joining forces with Rahul in Parliament will give ‘sleepless nights’ to BJP: Pilot

MUST WATCH

Christmas Cake Fruit Mixing

DK Shivakumar

Rose Cultivation

Geethotsava

Naxal Operation


Latest Additions

Cal HC stays demolition of illegal constructions in Mandarmoni

Delhi LG praises CM Atishi, calls her ‘thousand times better than her predecessor’

Centre releases 15th Finance Commission grant for rural local bodies in Karnataka

Kharge confident of Cong and allies coming to power in Maharashtra, Jharkhand

‘Nation First’ key to India’s progress, says President Murmu

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.