Mutual cooperation can help global post-Covid recovery: PM Modi at BRICS summit

PM Modi, who addressed the 14th BRICS summit hosted by China, said structural changes undertaken by the member nations over the last few years have increased the influence of the institution.

Updated on: Jun 23, 2022, 21:11:53 IST

By HT News Desk, New Delhi

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Prime Minister Narendra Modi on Friday said members nations of the BRICS (Brazil, Russia, India, China and South Africa) grouping had managed to undertake structural changes over the last few years that increased the influence of the institution.

PM Modi addresses the 14th BRICS summit hosted by China on Thursday. (Twitter@narendramodi)

In his opening remarks at the 14th BRICS summit hosted by China, the PM said cooperation among the member nations in several sectors has benefited our citizens. Among other leaders present at annual were Chinese President Xi Jinping, Russian President Vladimir Putin and top leaders of Brazil and South Africa.

Also read | Putin calls on BRICS nations to cooperate in face of West's 'selfish actions'

“BRICS members have a similar approach regarding the governance of the global economy. Our mutual cooperation can make a useful contribution to the global post-Covid recovery,” he said, adding, “Confident that our deliberations today will produce suggestions to further strengthen our ties.”

Also read | Hutong Cat | The relevance of the Brics summit

“There're multiple areas wherein through cooperation between BRICS nations, the citizens have benefitted. By increasing connectivity between BRICS Youth Summits, BRICS Sports, civil society organisations and think-tanks, we have strengthened our people-to-people connect.”

It is a matter of happiness that membership of the New Development Bank (NDB) has increased, Modi said adding cooperation among the member countries has benefitted their citizens.

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