BRICS summit in South Africa so far. BRICS leaders also discussed recent global developments. This is the first in-person BRICS Summit after three consecutive years of virtual meetings because of the Covid-19 pandemic. The BRICS bloc - comprising Brazil, Russia, India, China and South Africa - brings together five of the largest developing countries of the world, representing 41 per cent of the global population, 24 per cent of the global GDP and 16 per cent of the global trade. Prime Minister Modi has shared some pictures with other BRICS leaders on platform X.
#BRICS #NarendraModi #XiJinping #BRICSSummit #BRICSSummit2023 #ModiAtBRICS
~HT.99~PR.151~ED.194~
#BRICS #NarendraModi #XiJinping #BRICSSummit #BRICSSummit2023 #ModiAtBRICS
~HT.99~PR.151~ED.194~
Category
🗞
NewsTranscript
00:00 How to use the BRICS platform for global solutions?
00:13 That's one of the questions discussed at the BRICS Summit in South Africa so far.
00:19 BRICS leaders also discussed recent global developments.
00:23 This is the first in-person BRICS Summit after three consecutive years of virtual meetings
00:27 because of the COVID-19 pandemic.
00:30 The BRICS blog, comprising Brazil, Russia, India, China and South Africa, brings together
00:36 five of the largest developing countries of the world, representing 40% of the global
00:40 population, 24% of the global GDP and 16% of the global trade.
00:46 Prime Minister Narendra Modi has shared some pictures with other BRICS leaders on PlatformX.
00:51 PM Modi held a bilateral meeting with South African President Cyril Ramaphosa on the sidelines
00:56 of the BRICS Summit.
00:57 External Affairs Minister S.J. Shankar, NSERG Oval and Foreign Secretary Vinayak Bantra
01:04 were also present at the meeting.
01:06 The two leaders discussed trade, defence and investment.
01:12 On Tuesday, the PM attended the BRICS leaders' retreat and also addressed the BRICS Business
01:16 Forum leaders' dialogues.
01:18 PM Modi said that India will soon become a $5 trillion economy and is poised to become
01:24 the growth engine of the world.
01:26 He further said that Brazil, Russia, India, China and South Africa together can contribute
01:31 significantly to global welfare, particularly in the global south.
01:35 He told business leaders that mission mode reforms have improved the ease of doing business
01:40 in India.
01:41 He invited businesses to be part of the country's development journey.
01:44 China's leader Xi Jinping unexpectedly skipped a scheduled speech at the key multilateral
01:50 business forum in South Africa with no clear explanation.
01:54 Xi arrived in Johannesburg for the BRICS Summit on Monday evening, on what is only his second
01:59 international trip this year.
02:01 According to the summit schedule, Xi was expected to attend the business forum and deliver remarks
02:07 alongside other leaders.
02:09 But instead, it was China's Commerce Minister Wang Wentao who read out his speech.
02:15 Xi later attended the summit dinner but no reason was given for missing the speech.
02:19 It appeared to be a last-minute decision.
02:22 China's Commerce Minister Wang Wentao delivered the statement saying that some country obsessed
02:27 with maintaining its hegemony and has gone out of its way to cripple the emerging markets
02:31 and developing countries.
02:33 In a veiled attack at the US, the Commerce Minister of China said, "Everything we do
02:38 is to deliver better lives to our people, but some country obsessed with maintaining
02:43 its hegemony and has gone out of its way to cripple the emerging markets and developing
02:47 countries.
02:48 Whoever is developing fast becomes its target of containment, whoever is catching up becomes
02:53 its target of obstruction.
02:55 But this is futile.
02:57 Every country has the right to development and the people in every country have the freedom
03:01 to pursue a happy life," Wentao said.
03:09 [BLANK_AUDIO]