Posted by AI on 2025-09-08 16:51:48 | Last Updated by AI on 2025-09-08 22:11:25
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Indian Foreign Affairs Minister, Subrahmanyam Jaishankar, addressed the BRICS summit, emphasizing the need for economic practices to be fair, transparent, and inclusive. He urged nations to strengthen the rules-based international trading system, expressing India's continued commitment to this framework.
Jaishankar highlighted that trade barriers and complicating transactions would not benefit anyone. He urged BRICS members to lead by example in reviewing trade flows among member states and to set an example for fair and transparent practices.
The foreign affairs minister criticized the linking of trade measures to non-trade matters, asserting that it would not help anyone. He called for a comprehensive, inclusive approach to international trade, emphasizing that it should not be tied to non-trade subjects.
Jaishankar's remarks come at a crucial time when the world is grappling with the ramifications of protectionism and trade wars, which have far-reaching consequences for global trade and economic stability. His comments signal India's willingness to strengthen its economic ties with other BRICS nations and promote a more open and sustainable global trading system.
By addressing these issues at the BRICS summit, Jaishankar has put forth a challenge to nations to prioritize fair, transparent economic practices.