The Daily Pulse

General

A strong msg for Trump? What PM Modi, Putin & Pezeshkian said at Brics business forum

Reported by Ishita Mukherjee (Staff Writer) · Times of India - Top Stories ·

✓ — also reported by NDTV - Top Stories

A strong msg for Trump? What PM Modi, Putin & Pezeshkian said at Brics business forumRepresentative image · Wikimedia Commons

Prime Minister Narendra Modi has issued a strong message to US President Donald Trump, urging him to take a more balanced approach towards trade with emerging markets, including India. This came during a meeting with Russian President Vladimir Putin and Iranian Foreign Minister Hossein Pezeshkian at the Brics business forum, which concluded in Brasilia on Tuesday. The Brics grouping, comprising Brazil, Russia, India, China and South Africa, has been at the center of trade tensions between the US and other nations. The forum was attended by over 1,000 business leaders from the member countries, who discussed various trade-related issues, including protectionism, fair trade practices and the need for greater economic cooperation. Indian Minister of State for Road Transport and Highways, Ghoyal, had earlier told the forum that India was keen on strengthening its trade ties with Brazil and Russia. Russian Deputy Prime Minister, Oleg Fomenko, had also stated that Russia was open to increasing trade with India, despite the current tensions between the two countries. Brazilian President Jair Bolsonaro had expressed support for the Brics grouping, calling it a 'game-changer' for global trade. The forum also discussed the potential for cooperation in areas such as energy, agriculture and infrastructure. In a statement released after the meeting, Putin said that the Brics grouping was a 'vital component' of the global economy, and that it would continue to play an important role in promoting economic cooperation and understanding. The meeting was seen as a significant development in the ongoing trade tensions between the US and other nations, with many business leaders hailing it as a positive step for global trade. The forum was also attended by top officials from China and South Africa, who discussed various trade-related issues with their counterparts from India, Brazil and Russia.

Read more at Times of India - Top Stories
Ad space — In-Article Ad