Page 8 - The Indian EYE 070122

NATION JULY 01, 2022 | The Indian Eye 8

At BRICS 2022, Modi joins Xi and Putin

in seeking new governance of global economy

Prime Minister underlines the role of BRICS countries amid the global focus on post covid recovery at the

opening ceremony of the BRICS Business Forum

OUR BUREAU the situation in Ukraine and recall
our national positions as expressed
New Delhi/Kolkata
at the appropriate fora, namely the
rime Minister Narendra Modi UNSC and UNGA. We support talks
addressed the 14th BRICS between Russia and Ukraine.”
Psummit on Thursday and said “We agree to continue deepen-
that member nations - Brazil, Russia, ing cooperation on competition is-
India, China and South Africa- of the sues of the BRICS countries and cre-
grouping have a similar approach re- ate conditions for fair competition
garding the governance of the global for international trade and economic
economy. cooperation,” the declaration read.
“BRICS members have a similar BRICS countries also reaffirmed
approach regarding the governance their commitment to a world free of
of the global economy. Our mutual nuclear weapons and vowed to pro-
cooperation can make a useful con- mote more meaningful participation
tribution to the global post-Covid re- of developing and least developed
covery,” PM Modi said in his virtual countries in global processes.
address. The 14th BRICS summit is As Moscow has been facing
being hosted by China in a virtual Western sanctions over its opera-
mode. tion in Ukraine, Russian President
Prime Minister Modi in his ad- Vladimir Putin on Thursday called
dress highlighted multiple areas of on BRICS leaders to cooperate in
cooperation between BRICS na- the face of “selfish actions” from the
tions. This includes an increase in Prime Minister Narendra Modi attends 14th ‘BRICS summit’ virtually, in New Delhi West.”
connectivity between BRICS Youth on Thursday. (ANI Photo/PIB) “Only on the basis of honest
Summits, BRICS Sports, civil soci- and mutually beneficial cooperation
ety organizations and think tanks. we can look for ways out of the crit-
“There are multiple areas where- ical situation that has emerged in
in through cooperation between the world economy because of the
BRICS nations, the citizens have ill-conceived and selfish actions of
benefitted. By increasing connectiv- certain states, which, by using finan-
ity between BRICS Youth Summits, cial mechanisms, are actually shift-
BRICS Sports, civil society organiza- ing their own macroeconomic policy
tions and think-tanks, we’ve strength- mistakes onto the rest of the world,”
ened our people-to-people connect,” Putin said in his virtual address.
he said further. Putin also pointed out that this
BRICS has become a platform is an objective process, since the five
for discussing and deliberating on countries have a truly great econom-
issues of common concern for all de- ic, scientific, technological and hu-
veloping countries. BRICS countries man potential. They can effectively
have regularly called for reform of work together to ensure internation-
the multilateral system in order to Leaders of BRICS countries at their virtual summit on Thursday. (ANI Photo/PIB) al stability and security, sustainable
make it more representative and in- growth and prosperity and the
clusive. in a recorded keynote speech. “In- BRICS is a multilateral forum well-being of their people.
On Wednesday, the Prime Min- dia supports innovation across every consisting of five major emerging The Russian president added
ister underlined the role of BRICS sector including drones, green ener- economies of the world, namely Bra- that Moscow considers the theme of
countries amid the global focus on gy and space. By 2025, India’s digital zil, Russia, India, China and South today’s meeting, ‘Foster High-qual-
post covid recovery at the opening sector value will cross USD 1 trillion Africa. ity BRICS Partnership, Usher in a
ceremony of the BRICS Business valuations,” he said. Member countries of the BRICS New Era for Global Development’,
Forum. “BRICS was established with The Prime Minister noted that grouping on Thursday issued a decla- relevant. He drew attention to the
the belief that this group of emerging this year India is expecting 7.5 per ration stating that they discussed the fact that the complexity and trans-
economies could emerge as engines cent growth. “Which makes us the situation in Ukraine and supported national nature of the challenges
of global growth. Today, when the fastest-growing major economy. the negotiations between Kyiv and and threats the international com-
world is focusing on post covid recov- Transformative changes are taking Moscow. The Beijing Declaration of munity faces require a search for
ery, the role of BRICS countries will place in every sector of emerging the XIV BRICS summit issued on collective responses with the bloc’s
be very important,” said PM Modi New India,” he added. Thursday reads: “We have discussed active participation.

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