PM Modi Highlights BRICS as Innovation and Trade Powerhouses Amid Global Uncertainties
Modi said BRICS should turn unity into concrete results and proposed a 10-point reform roadmap, with 40% of global GDP now in the bloc.
- On Saturday, September 12, 2026, Prime Minister Narendra Modi opened the 18th BRICS Summit in New Delhi, urging members to transform the "pyramid of privilege" into a "platform of partnership" for global governance reform.
- Modi highlighted the bloc's growing economic might, noting BRICS' combined GDP has expanded nearly four-and-a-half-fold over recent years compared with around two-and-a-half-fold global growth, while the grouping represents 50% of the world's population.
- New cooperation networks include the BRICS Incubator Network, BRICS MSME Portal, and BRICS Startup Innovation Fund, which Modi said would facilitate 100 startups entering member markets annually while addressing the bloc's 10 biggest trade barriers.
- Highlighting maritime security risks, Modi advocated for a "Seafarers' Emergency Support Network" to assist sailors with distress alerts, medical aid, and family notifications, noting that "global trade progress is possible only when sea lanes are secure."
- To maintain institutional momentum, Modi proposed a "Troika" arrangement to track implementation of initiatives, calling for a new, ambitious 20-year agenda to translate BRICS consensus into tangible global outcomes despite annual presidency rotation.
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PM Modi Pitches New World Order
New Delhi, Sep 12: The Global South must become a "rule shaper" and the existing "pyramid of privilege" structure in global governance must give way to a "platform of partnership", Prime Minister Narendra Modi said on Saturday while opening the two-day annual BRICS summit as trade friction and geopolitical instability trigger growing economic headwinds. The prime minister also unveiled a 10-point roadmap for global governance reform under the BR…
The summit held this weekend in New Delhi by the BRICS, the powers of the Global South, not only brings together the rivals of the West, such as China, but also its enemies, such as Russia and Iran. This heterogeneous group, which also includes Brazil, South Africa, Saudi Arabia, the United Arab Emirates and other emerging nations, also suffers its internal disputes, but all of them set aside to present themselves as an alternative to the United…
BRICS: PM says ‘platform of partnership’ must replace privilege
New Delhi: The Global South must become a “rule shaper” and the existing “pyramid of privilege” structure in global governance must give way to a “platform of partnership”, Prime Minister Narendra Modi said on Saturday, September 12, while opening the two-day annual BRICS summit as trade friction and geopolitical instability trigger growing economic headwinds. The … Get the latest updates in Hyderabad City News, Technology, Entertainment, Sports…
PM Modi’s Brics speech: UNSC reforms, stronger Global South, and other big takeaways
PM Modi Brics speech: In his opening remarks at the Brics Summit, Prime Minister Narendra Modi urged the 11-member bloc to work toward making the Global South a ‘rule-shaper’ instead of a ‘rule-taker’. In the presence of Vladimir Putin and Xi Jinping, the PM also proposed an emergency support network for seafarers and declared that UNSC reforms could no longer be delayed
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