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Jaishankar Says Global Order Faces Churn at BRICS Forum
S Jaishankar spoke at a BRICS business meeting.
He said the world’s political and economic systems are changing quickly.
Conflicts, pandemics and climate problems can hurt economies.
New digital tools and technology can also create opportunities.
Because risks and opportunities are spreading across countries, businesses need to prepare and adapt.
He said BRICS countries should help their businesses find partners and reach new markets.
The group also wants stronger supply chains, trade, energy systems and financial cooperation.
India is using its BRICS chairship to promote resilience, cooperation, innovation and sustainability.
External Affairs Minister S Jaishankar said global political and economic conditions are marked by volatility, uncertainty and complexity.
He cited geopolitical conflicts, pandemics and climate-related disruptions as factors affecting economies.
Jaishankar said digitisation and technological advances were creating new opportunities for growth, productivity and development.
He urged BRICS countries to strengthen business partnerships, supply networks, trade, investment and economic resilience.
India’s BRICS chairship is focused on resilience, innovation, cooperation, sustainability and stronger strategic partnership.
- Who
- External Affairs Minister S Jaishankar and participants in the BRICS Business Forum.
- What
- Jaishankar discussed global economic uncertainty and BRICS priorities for stronger cooperation, resilience and business ties.
- Where
- The BRICS Business Forum in New Delhi.
- When
- Friday; the main BRICS Summit programme is scheduled to begin on September 12.
- Why
- Geopolitical conflicts, pandemics, climate disruptions and technological change are reshaping economies and creating a need for adaptation and cooperation.
Key facts
- Speaker
- S Jaishankar, India’s External Affairs Minister
- Forum
- BRICS Business Forum
- Main concern
- Volatility, uncertainty and complexity in the global political and economic order
- Economic risks
- Geopolitical conflicts, pandemics and climate-related disruptions
- Opportunities
- Rapid digitisation and technological advances
- India’s BRICS theme
- Building for resilience, innovation, cooperation and sustainability
- Expected summit issues
- Supply chains, cross-border payments, national currencies, MSMEs, digital trade and artificial intelligence
Quotes
S. Jaishankar
India’s External Affairs Minister addressing the BRICS Business Forum
“We meet at a time when global political and economic order is under churn. Volatility, uncertainty, and complexity have become defining features of the world around us. We are witnessing the economic consequences of geopolitical conflicts, of pandemics, and of climate-related disruptions.”
republicworld.com
freepressjournal.in
“India's chair ship has sought to carry this evolution forward through the theme of building for resilience, innovation, cooperation and sustainability. That is BRICS. These priorities are especially relevant to the circumstances in which our countries find themselves today,”
freepressjournal.in
Sources
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