PM pitches for BRICS start-up fund and incubator network
At the BRICS Summit, India’s Prime Minister proposed a startup innovation fund and wider cooperation on resilience, agriculture, energy and SMEs.
At the BRICS Summit, India’s Prime Minister proposed a startup innovation fund and wider cooperation on resilience, agriculture, energy and SMEs.
Indian Prime Minister Narendra Modi used the BRICS summit in New Delhi to warn about geopolitical tensions, supply-chain shocks and climate crises, while the bloc announced health early-warning cooperation and reaffirmed calls for global governance reforms.
The 18th BRICS Summit in New Delhi produced a 140-point declaration, high-level bilateral meetings and expanded cooperation across trade, security, finance, technology, agriculture, health and global governance.
NDB President Dilma Rousseff said at the BRICS Summit in New Delhi that the bank will expand resources, increase local-currency financing, and integrate technology and sustainability into its second decade.
The BRICS Business Council called for stronger trade, investment and technology links across member economies, focusing on resilience, digital infrastructure and advanced manufacturing.
At the BRICS+ session during the BRICS summit in New Delhi, Russian President Vladimir Putin said the New Development Bank has financed 123 BRICS projects worth nearly $40 billion, while noting that financing needs remain much higher.
At the BRICS summit, Iranian President Masoud Pezeshkian said unilateral sanctions harm global food security and people’s welfare, and called on BRICS members to increase trade in national currencies and strengthen the New Development Bank.
India’s BRICS presidency highlighted BRICS CONNECT as a people-focused initiative covering skills, employment, women’s workforce participation, social security and capacity building.
New Delhi declaration spans finance, AI, food security and multilateral reform, expanding the Global South agenda.