BRICS Summit: Modi Advocates Multilateralism, Warns Against Weaponisation Of Critical Minerals
· World · News18, India Today, Indian Express
Prime Minister Narendra Modi addressed the BRICS Summit, emphasizing the need for inclusivity and cautioning against the 'weaponisation' of technology and critical minerals, which he said could hinder shared economic growth. The declaration underscores India’s stance on geopolitical tensions impacting global trade and development. Xi Jinping was present during Modi’s remarks, signaling continued engagement among BRICS nations. The summit’s focus on countering protectionist measures and fostering collaboration aligns with India’s push for a balanced global economic order.
Why it matters
Modi’s warning directly addresses concerns of major economies restricting access to critical minerals, which could disrupt supply chains and economic growth for BRICS nations, including India. This statement may influence future trade policies and diplomatic negotiations within the bloc and beyond.
Read the original report — News18
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