Hamburg: Prime Minister Narendra Modi said today while speaking on the sidelines of the G20 Summit in Hamburg, Germany, that BRICS had been a strong voice that needed to show leadership on terrorism and global economy. He stressed that G20 should collectively oppose terrorism financing, franchises, safe havens, support and sponsors.
Referring to the structural reforms in administration in India, including the recent economic reform of introduction of GST, Modi stated that it was necessary to work together for sustained global economic recovery. He advocated a collective voice against the practices of protectionism, especially in the spheres of trade and movement of knowledge and professionals.
The Indian Prime Minister reiterated India’s commitment to implementing the Paris Agreement in letter and spirit and described its implementation globally as essential to fighting climate change. He called for an expeditious action to establish a BRICS rating agency and stated that cooperation on development of Africa should be a priority. He also called for greater people-to-people exchanges.
The leaders of the 5 BRICS countries held an informal meeting on the sidelines of G20 Summit in Hamburg, Germany. This was in run up to the forthcoming 9th BRICS Summit in September in Xiamen, China. President Xi of China said he looked forward to welcoming the BRICS leaders.
In their interventions, the leaders discussed preparations and priorities for the forthcoming Xiamen BRICS Summit.
The prime minister appreciated the momentum in BRICS under the chairmanship of President Xi Jinping and extended full cooperation and best wishes for the BRICS Xiamen Summit.
Concluding the meeting immediately after the prime minister’s remarks, Xi appreciated India’s strong resolve against terrorism and the momentum in BRICS introduced under India’s chairmanship and through the outcomes of the Goa Summit in 2016. He also appreciated India’s success in economic and social development and wished India even bigger success.