'Trade barriers rising globally, India building bridges': PM Modi at Brics forum
Prime Minister Narendra Modi positioned India as a global bridge-builder during the BRICS Business Forum, emphasizing the country's commitment to free-trade agreements and supply chain integration. He advocated for expanding BRICS cooperation beyond government levels to include startups and private businesses.
Why it matters
India's strategy to act as a bridge between fragmented economies highlights its growing influence as a neutral, stable hub for global manufacturing and investment.
Prime Minister Narendra Modi on Friday positioned India as a bridge-builder in an increasingly fragmented global economy, saying the country is responding to rising trade barriers by expanding free-trade partnerships, strengthening supply chains and creating new avenues for businesses across the BRICS grouping.Addressing the Leaders' Session of the BRICS Business Forum in New Delhi, PM Modi said the global trading environment is becoming more difficult as countries increasingly turn to tariffs, restrictions and other barriers to protect domestic industries. Against this backdrop, he said, India is pursuing greater economic integration by negotiating and signing trade agreements with a growing number of countries.“Today, while trade barriers are rising globally, India is building economic bridges.
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