BRICS can help nations facing challenges of energy supplies, food, fertiliser and health security, EAM Jaishankar says
External Affairs Minister Dr S Jaishankar stated BRICS can assist nations with energy, food, fertilizer, and health security issues. The group meets amid global flux, with ongoing conflicts and economic uncertainties. Emerging markets expect BRICS...
"Development issues remain central. Many countries continue to face challenges on energy, food, fertiliser and health security, as also access to finance. BRICS can help them respond more effectively," he said, adding that the 11-member countries' group is meeting at a time of considerable flux in international relations. He further noted that the ongoing conflicts, economic uncertainties, and challenges in trade, technology, and climate are shaping the global landscape.
Also read: India-Russia discuss energy, trade and global tensions as BRICS ministers gather in Delhi
"There is a growing expectation, particularly from emerging markets and developing countries, that BRICS will play a constructive and stabilising role," he said in his welcome remarks at the BRICS Foreign Ministers’ Meeting.
As BRICS Chair, India has taken forward discussions on institutional development, including the integration of new members through a stocktake and updation of existing mechanisms. "It is essential for the smooth advancement of BRICS that later members fully appreciate and subscribe to the BRICS’ consensus on various important issues," he said.
Terming the discussion as an opportunity to reflect on global and regional developments, and to consider practical ways to strengthen BRICS cooperation, Jaishankar said, "Economic resilience is also key. Reliable supply chains and diversified markets are its essential components. We must focus on both."
As peace and security remain central to the global order, Jaishankar said, "Recent conflicts only underline the importance of dialogue and diplomacy. There is also a deeply shared interest in strengthening cooperation against terrorism."
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.