India Outlines Trade Plan at BRICS; Trump’s Threats Will Be Ineffective
Cooperation areas
Source: ABP News | Original Published At: 2026-09-11 06:23:23 UTC
Key Points
- India hosted the BRICS Business Forum in New Delhi and urged member and partner countries to strengthen trade cooperation.
- Commerce Minister Piyush Goyal called for easier market access, simplified trade rules, faster consignment approvals and stronger, diversified supply chains.
- Goyal noted that BRICS represents about half the world's population, nearly 40% of global GDP and about one-fourth of world trade.
- He highlighted India's exports of engineering goods and electronics and its potential as a reliable pharmaceutical supplier to BRICS countries.
- Foreign Minister S. Jaishankar said the current year marks 20 years of BRICS institutional cooperation and is an important milestone for the grouping.
- Jaishankar said India's BRICS presidency is emphasizing flexibility, innovation, cooperation and stability amid geopolitical tensions and global economic challenges.