BRICS 2017: PM Modi Highlights Need For Cooperation To Spur Combined Growth

| September 4 , 2017 , 13:28 IST

Prime Minister Narendra Modi, currently in China's Xiamen to attend the 9th edition of the BRICS Summit gave his address at the plenary session of the bloc's 3-day summit, highlighting the need for cooperation amongst the BRICS nations for continued growth. Unexpectedly, PM Modi made no mention of terrorism, a matter that is commonly raised on international platforms.

Starting his address by thanking Chinese President Xi Jinping for the warm reception, PM Modi said, "Cooperation is important for peace and development. A strong BRICS partnership on innovation and digital economy can help spur growth, promote transparency and support the SDGs (sustainable development goals)."

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The Prime Minister also welcomed cooperation for capacity building between BRICS and other African countries various areas.

''NDB has started disbursing loans in pursuit to mobilize sources of infrastructure and sustainable development in BRICS countries. We are in mission-mode to eradicate poverty; to ensure health, sanitation, skills, food security, gender equality, energy, education,'' Modi said.

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''A strong BRICS partnership and innovation I am sure will be the instrument for progress. BRICS countries can work closely with ISA (International Solar Alliance) to strengthen the solar energy agenda. Our Central Banks must further strengthen their capabilities & promote cooperation between the Contingent Reserve Arrangement & the IMF,'' the Prime Minister said.

"Renewable energy is particularly important," Modi added.

The summit is being attended by leaders of the 5 BRICS nations, Brazil, Russia, India, China and South Africa.