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Exports: PM calls for reform of WTO at BRICS’ Johannesburg summit

Fiinews by Fiinews
August 25, 2023
in Exports
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PM Modi with BRICS leaders at the Johannesburg Summit.

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Modi proposes creation of a BRICS Space Exploration Consortium

Prime Minister Narendra Modi has called for a reform of the World Trade Organization (WTO) at the 15th BRICS Summit held under South Africa’s chairmanship in Johannesburg on 23 August 2023.

He joined fellow leaders at the summit and held productive discussions including on global economic recovery, partnership with Africa and the Global South and reviewed the progress made on the BRICS agenda so far.

During his address, Prime Minister called for a strengthened BRICS that will be:

B – Breaking barriers

R – Revitalising economies

I – Inspiring Innovation

C – Creating opportunities

S – Shaping the future

In his various interventions, Prime Minister highlighted the following:

 Called for setting defined timelines for UNSC reforms

 Called for reform of Multilateral Financial Institutions

 Called for reform of WTO

 Exhorted BRICS to build consensus on its expansion

 Urged BRICS to send a global message of unity and not polarisation

 Proposed creation of a BRICS Space Exploration Consortium

 Offered Indian Digital Public Infrastructure – the Indian stack to BRICS partners

 Proposed undertaking skill mapping, skilling and promoting mobility among BRICS countries

 Proposed joint efforts of BRICS countries for protection of Big Cats under International Big Cat Alliance

Proposed establishing a repository of traditional medicine among BRICS countries

 Called upon BRICS partners to support AU’s permanent membership of the G20

/fiinews.com

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