Addressing the Brics -- Brazil, Russia, India, China, South Africa -- Business Forum Leaders’ Dialogue in Johannesburg, Modi held up India’s infrastructure and digital sectors as key areas for economic cooperation. The Brics states have an important role to play at a time when the world is grappling with economic challenges amid the Covid-19 pandemic, tensions and disputes, he said.
“I invite you all to join India’s development journey. The Covid pandemic has made us aware of the importance of resilient and inclusive supply chains,” Modi said, speaking in Hindi.
“For this, mutual trust and transparency are very important. By combining each other’s strengths, we can make a significant contribution to the welfare of the entire world, especially the Global South.”
Modi arrived in South Africa on Tuesday afternoon to participate in the first in-person Brics Summit after three years of virtual meetings. He said when the first Brics Summit was held in 2009, the world was emerging from a major economic crisis and the bloc had become a ray of hope for the global economic set-up.
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