India urges BRICS to cut trade barriers, link payments and ease movement of professionals
Cooperation areas
Source: Times of India | Original Published At: 2026-09-11 23:37:00 UTC
Key Points
- Commerce and Industry Minister Piyush Goyal urged BRICS nations to dismantle trade barriers and open markets for products, raw materials, and critical minerals.
- He called for streamlining regulatory and customs processes and promoting services trade among BRICS countries.
- Goyal said professionals should be able to move more easily across borders and that mutual recognition of qualifications should be simplified.
- He urged BRICS member and partner countries to link payment systems and trade in each other's local currencies.
- Goyal highlighted India's digital public infrastructure, noting that UPI is accepted in 11 countries.
- External Affairs Minister S. Jaishankar said member nations should promote transparent trade and investment practices to help businesses access markets and connect supply networks.