‘BRICS needs to show leadership on terror, global economy’: Full text of PM Modi’s speech

Full text: Prime Minister Narendra Modi called for expeditious action to establish BRICS rating agency and stated that cooperation on development of Africa should be a priority. He also called for greater people-to-people exchanges.

By: Express Web Desk | Published:July 7, 2017 7:23 pm
Narendra Modi, BRICS summit, G20, G20 summit, Xi Jinping, PM Modi BRICS, Prime Minister Narendra Modi at the informal meeting of leaders of the BRICS countries, on the sidelines of the 12th G-20 Summit in Hamburg, Germany on Friday. (Source: PTI Photo)

Prime Minister Narendra Modi met with Chinese President Xi Jinping on Friday for the first time after the ongoing standoff between the troops of India and China in Sikkim on the sidelines of 12th G20 Summit in Hamburg, Germany. The summit began on Friday as world leaders gathered to discuss ways to fight against terrorism and to improve open trade. Ahead of the summit, he wished Xi and promised full cooperation with China. He also expressed confidence that India’s economic growth, along with countries in the BRICS, is surging ahead.

Here is the full text of PM Narendra Modi’s speech:

The leaders of the 5 BRICS countries held an informal meeting on the sidelines of G20 Summit in Hamburg, Germany. This was in run up to the forthcoming 9th BRICS Summit in September in Xiamen, China. President Xi of China said he looked forward to welcoming the BRICS leaders.

In their interventions, the leaders discussed preparations and priorities for the forthcoming Xiamen BRICS Summit.

Prime Minister mentioned that BRICS has been a strong voice and needs to show leadership on terrorism and global economy. He stressed that G20 should collectively oppose terrorism financing, franchises, safe havens, support and sponsors. Referring to reforms in India, including the recent introduction of GST, PM stated that it was necessary to work together for sustained global economic recovery. He advocated collective voice against the practices of protectionism, especially in the spheres of trade and movement of knowledge and professionals. He reiterated India’s commitment to implementing Paris Agreement in letter and spirit and described its implementation globally as essential to fighting climate change. He called for expeditious action to establish BRICS rating agency and stated that cooperation on development of Africa should be a priority. He also called for greater people-to-people exchanges.

The Prime Minister appreciated momentum in BRICS under the Chairmanship of President Xi and extended full cooperation and best wishes for the BRICS Xiamen Summit.

Concluding the meeting immediately after PM’s remarks, President Xi appreciated India’s strong resolve against terrorism and the momentum in BRICS introduced under India’s Chairmanship and through the outcomes of the Goa Summit in 2016. He also appreciated India’s success in economic and social development and wished India even bigger success.

For all the latest India News, download Indian Express App

  1. R
    Jul 8, 2017 at 3:23 am
    Israel has promised all help to defeat Pakistan and China combined. So Aryans need not worry. With Israel behind us who should Aryans worry for? Aryans should make more love to Israel so Israel makes more love to Bharat Mata and the products would be amazingly intelligent-like a million Chanakyan in every product. And do you think Chinese and Pa ki s ta ni combined strategy will have a chance to stand? What do you feel now, bonkered bhakts.
    1. B
      Jul 8, 2017 at 12:16 am
      If terrorism has to be eradicated, BRICS leadership should be given in the hands of Modi ji.
      1. B
        Jul 7, 2017 at 11:57 pm
        In spite of highlighting the danger of Pakistani terrorism at every forum, world leaders are not listening to Modi's concerns and not willing to support him. This is a great tragedy.
        1. B
          Jul 7, 2017 at 11:44 pm
          Some new photos of Modiji with world leaders added to Modiji's album of foreign tours. The tour has been very successful.
          1. A
            A Varman
            Jul 7, 2017 at 7:47 pm
            Please refer to this tweet posted by Gopal Bagay MEA India "At d BRICS leaders' informal gathering Hamburg hosted by China, PM narendramodi and President Xi had a conversation on a range of issues" meaning a cordiality displayed whereas at the Sikkim border, Chinese Army are intruding into India and planning assualt - This is Year 2017. Now rollback 1961-62, Nehru was also displaying cordiality inspite of confirmed intelligence of Chinese Assault and hailing Indie-Chini Bhai Bhai . At the end, China launched all-out war and defeated India in 25 days or so causing massive death and bloodshed and moral fear. In general, History repeats itself and it is proven. Will History repeat again for India Modi also or will it be Arun Jaitley different india and defeat China and enforce moral fear ...Only Time will tell
            1. M
              Jul 8, 2017 at 2:52 am
              Dear Sir, not " all-out war", a limited local operation and they withdrew (they had no capacity to do more). History doesn't repeat (you are quoting Marx, be careful), it sputters ... defeat China! my point since the beginning of this story is that Indian officialdom generals, ministers), bungled massively their case? China has nothing much to do, just let Indians play their favorite game, detroying their own country (n-papers help). China has no intention (nor the capacity) to invade India (what will they do of it?) but they successed into having India going to spend zillions in useless military infrastructure on a 3400 kms border ... and successed to weaken India's PM, all war-shooting fools feeling he is "weak", they killed two birds with one stone.
            2. Load More Comments