Prime Minister Narendra Modi said that the BRICS countries will play an important role in the post-pandemic world as these nations could emerge as engines of global growth.
The Prime Minister made these remarks at the opening ceremony of the BRICS Business Forum being hosted by China in a virtual mode.”BRICS was established with the belief that this group of emerging economies could emerge as engines of global growth. Today, when the world is focusing on post covid recovery, the role of BRICS countries will be very important,” he said.
PM Modi noted that this year India is expecting 7.5 per cent growth. “Which makes us the fastest-growing major economy. Transformative changes are taking place in every sector of emerging New India,” he added.
The Prime Minister will be attending the 14th BRICS summit in a virtual mode on June 23-24.
“At the invitation of President Xi Jinping, Prime Minister Narendra Modi will be attending the 14th BRICS Summit hosted by China in virtual mode on 23-24 June 2022. This includes a High-Level Dialogue on Global Development with guest countries on June 24,” the Ministry of External Affairs said in an earlier statement.
BRICS is a multilateral forum consisting of five major emerging economies of the world, namely Brazil, Russia, India, China, and South Africa.
