Secondly, the PM called for further research and development cooperation amongst BRICS to tackle similar challenges that member countries face. Third, Singh said, making economic development more broad-based and inclusive, was not “only a moral imperative, but a pragmatic approach to make the global economy more sustainable and enhance political and social stability.”
BRICS countries should work more cohesively in international forums, as the fourth strategy. Fifth point put forward by the prime minister was to work for the reform of global institutions of political and economic governance. The prime minister invited the attention of BRICS countries to the security challenges faced by the world, counting “terrorism, piracy and the emerging threats from cyber-space” among the most important security concerns. Singh said the importance that India attached to BRICS was not only for the benefit of Indians but also for the world at large.
“My conviction comes not merely from our capacity, but also from the purposeful manner in which we have worked together,” Singh said. During his two-day stay in Durban, Singh held bilateral meetings with leaders from all the other four member countries. The most anticipated of them all, his first meeting with the new Chinese president Xi Jinping, was scheduled for Wednesday night. Prime minister will return to Delhi on Thursday night.