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S Jaishankar addressed the BRICS Summit, stressing fair economic practices and resilient supply chains. Luiz Inácio Lula da Silva called for talks on US tariffs.
Jaishankar
External Affairs Minister S Jaishankar on Monday addressed the BRICS Summit and said economic practices are fair, transparent and to everyone’s benefit.
Brazil President Luiz Inácio Lula da Silva has called for the BRICS meeting to discuss tariffs imposed by US President Donald Trump.
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“The world as a collective is seeking a predictable and stable environment for trade and investment. At the same time, it is imperative that economic practises are fair, transparent and to everyone’s benefit. When there are multiple disruptions, our objective should be to proof it against all shorts that means creating more resilient supply chain. It is also essential we democratise manufacturing and production,” Jaishankar said at the virtual meeting.
Underlining concern towards the current
“The state of the world is a cause of genuine concern. The last few years have witnessed a devastating impact of Covid pandemic, major conflicts in Ukraine and Middle East (west asia), volality in trade and investment flows, extreme climate events and a slowdown of SDG agenda. In the face of these challenges, the multilateral system appears to be failing the world… It is now this cumulative concern that BRICS is discussing. The members of BRICS represent a broad diversity of societies who are nevertheless deeply affected by these developments. Even in the our endeavour has been to find common grounds between our respective national policies and to act on that basis. Today the focus is on stabilising the international economy and world order. But it is equally essential to turn our attention to ongoing conflicts, not least because they have direct supply chain implications. Furthermore, as we head towards the next UN General Assembly session and exchanging views on multilateralism would be appropriate,” he said.
About the Author
Saurabh Verma covers general, national and international day-to-day news for News18.com as a Senior Sub-editor. He keenly observes politics. You can follow him on Twitter –twitter.com/saurabhkverma19
Saurabh Verma covers general, national and international day-to-day news for News18.com as a Senior Sub-editor. He keenly observes politics. You can follow him on Twitter –twitter.com/saurabhkverma19
September 08, 2025, 19:27 IST
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