PM Narendra Modi talks ‘sabka saath, sabka vikas’ at BRICS Summit

XIAMEN: PM Modi on Tuesday took forward the BRICS declaration by calling for coordinated action and cooperation from the member-countries to counter the threats posed by terrorism and cybercrimes.

The BRICS nations should form col lective policies and actions to create a safe world through organised and coordinated action and cooperation on counterterrorism, cyber security and disaster management, Modi said, while addressing the ‘Dialogue of Emerging Markets and Developing Countries’ here in what was his first engagement on the last day of the BRICS summit.

Focusing on development partnership, Modi said the development agenda of the BRICS countries lies with “sabka saath, sabka vikas” (with all, development for all). “…we need to work together to create a greener world and mitigate the menace of climate change,” he added.

Calling for an inclusive world, where the poorest of the poor are integrated into the financial mainstream, the PM said: “The countries present here together will have an impact on the world. So it is our sovereign duty that whatever we do should make a better world brick-by-brick through BRICS.” He also urged the BRICS nations to “work collectively for a digital, skilled, healthier, equitable and harmonious world”.

Highlighting India’s growing engagement with Africa in multiple sectors and the International Solar Alliance, a global initiative launched by Modi to reduce dependence on fossil fuel, the PM said: “The BRICS countries should team up with the International Solar Alliance for mutual gains through proper utilisation of solar power.”

The PM pitched for setting up of a BRICS credit ratings agency to counter the western rating institutions and cater to the financial needs of sovereign and corporate entities of developing nations.

In his earlier address at the Plenary Session of the BRICS summit on Monday, Modi said a separate ratings firm would help the economies of the member countries as well as other developing nations.