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Modi asks BRICS to work on boosting global economy, G20 to crack down on terror

Modi also advocated a collective voice against the practice of protectionism, especially in trade.

india Updated: Jul 16, 2017 21:13 IST
Press Trust of India
Press Trust of India
Press Trust of India, Hamburg
G20‬,BRICS,Narendra Modi
PM Narendra Modi speaks at BRICS meeting on sidelines of G20 Summit in Hamburg on July 7, 2017.(MEA Twitter)

Prime Minister Narendra Modi on Friday urged leaders from the BRICS nations to show leadership in fighting terrorism and boosting global economy even as he asked the G20 nations to collectively crackdown on terror financing, safe havens, “support and sponsors” of terrorism.

At the informal meeting of the BRICS leaders on the sidelines of the G20 Summit in Hamburg, Modi emphasised that it was necessary to work together for sustained global economic recovery.

He also referred to the reforms carried out by his government, including implementation of the Goods and Services Tax (GST).

“BRICS has been a strong voice and needs to show leadership on terrorism and global economy,” Modi said.

He emphasised that the G20 should collectively oppose terrorism financing, franchises, safe havens, support and sponsors.

Modi told the G20 that countries supporting terrorism should be banned from the international economic forum, apparently in a reference to Pakistan which is not an invitee to any of the group’s meetings.

“Deterrent action should be taken against countries supporting terrorism,” Modi said as lead speaker on the theme of terrorism at the leaders’ retreat ahead of the 12th G20 Summit here on Saturday. He presented a multi-point agenda for countering terrorism.

Stating that G20 nations should exchange national lists of designated terrorists, he said that thorough action should be taken against such people.

He said that legal processes, like extradition, against those supporting terrorism should be simplified and expedited.

Modi also called for the immediate adoption of the India-initiated Comprehensive Convention on International Terrorism (CCIT) by the UN Security Council.

“There should be effective implementation of UN Security Council resolutions and other international actions (against terrorism),” he said.

“There should be detailed efforts by the G20 for de-radicalisation programmes and exchange of best practices.”

Modi also called for effective closure of terrorist financing sources and mediums through the Financial Action Task Force (FATF) and other such mechanisms. “There should be ‘concrete cooperation’ among G20 nations on cyber security to curb terrorist activities.”

Besides, he advocated a collective voice against the practice of protectionism, especially in the spheres of trade and movement of knowledge and professionals.

The BRICS bloc comprises Brazil, Russia, India, China and South Africa.

The BRICS leaders’ meet also come amidst a standoff between the armies of India and China in the Sikkim section.

The G20 members, which include India and China, account for 80% of the global economic output.

First Published: Jul 07, 2017 16:09 IST