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Amitabh Kant Identifies Three Tests for India’s BRICS Presidency

Amitabh Kant Identifies Three Tests for India’s BRICS Presidency
Amitabh Kant flags 3 key tests for India at BRICS: West Asia, China ties and summit document · businesstoday.in

Amitabh Kant said India faces three important tests while leading BRICS.

First, India must help members discuss the conflict in West Asia.

Some BRICS members, including Iran, Saudi Arabia and the UAE, have different views about that conflict.

Second, India must help the group agree on shared words for its summit document.

The document should look ahead and should not attack Western countries.

Third, Prime Minister Narendra Modi’s meetings with Russian and Chinese leaders will be important.

Kant said India and China should make progress in development, trade and technology.

He also said India should seek more Chinese technology and investment instead of letting the trade gap grow.

Key facts

Speaker
Amitabh Kant, former G20 Sherpa and former NITI Aayog CEO
First test
Managing differences among BRICS members over the West Asia conflict
Second test
Producing a progressive, forward-looking summit document that is not anti-Western
Third test
Advancing bilateral engagement, particularly with China and Russia
Chinese investment rule
Kant referred to rules under Press Note 2 allowing Chinese investment of up to 10%
Policy recommendation
Kant said India should seek Chinese technology and investment rather than allowing the trade imbalance to widen

Quotes

Amitabh Kant

Former G20 Sherpa and former NITI Aayog CEO

“It's important that we are able to resolve the differences despite the conflict in West Asia between Iran, UAE, and Saudi Arabia, which is highly complex, but India must play a key role in getting the right minimum language, the right minimum language to be able to resolve this”
businesstoday.in
“It's much better to get Chinese technology and Chinese investment rather than allowing this imbalance of trade with China to continue and grow”
businesstoday.in

Sources

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