Big PM push for BRICS trade integration

Source: The New Indian Express | Original Published At: 2026-09-12 02:17:02 UTC

Key Points

• Prime Minister Narendra Modi urged the BRICS Business Council to identify and remove the bloc's top 10 trade barriers.
• Modi proposed supporting 100 BRICS startups annually to expand into other BRICS markets.
• He called for creating 1,000 new business partnerships among BRICS businesses each year, with annual progress reviews.
• Modi linked stronger BRICS economic integration to secure sea lanes, open supply routes, and the safety of seafarers.
• Russian President Vladimir Putin criticized sanctions and coercive economic pressure while emphasizing BRICS cooperation in infrastructure, logistics, finance, and technology.
• Putin said BRICS countries produced more than 40% of global GDP over the last five years, compared with 29% for the G7.