PM Modi Urges BRICS Nations to Join For Disaster Resilient Infrastructure

Prime
Minister Narendra Modi, who is in Brazil to attend the 11th BRICS summit, on
Thursday spoke at the dialogue with BRICS Business Council and New Development
Bank and called all BRICS nations to join together for disaster resilient
infrastructure.

Prime
Minister Narendra Modi speaks at the dialogue with BRICS Business Council and
New Development Bank:

“I would
like to request BRICS nations and New Development Bank to join coalition for
disaster resilient infrastructure,” PM Modi said while addressing the BRICS
Business Council and New Development Bank.

Earlier in
the day, while addressing the BRICS plenary session, PM Modi said that
terrorism and organised crimes harm trade and businesses. He expressed hope
that efforts by BRICS member countries will give a push  to security cooperation against the menaces.

“The
atmosphere of doubt created by terrorism, terror financing, drug trafficking
and organised crime harms trade and businesses. I am happy that the first
seminar on BRICS Strategies for Countering Terrorism was organised. We hope
that such efforts and activities of five sub-working groups will increase
strong BRICS security cooperation against terrorism and other organised
crimes,” PM Modi said.

Talking
about how terrorism has harmed people’s lives, PM Modi said that over 2.25 lakh
people have lost their lives due to terrorism in the last 10 years. “According
to estimates, there has been a loss of USD 1 trillion economy. This has also
reduced the economic growth of developing countries by 1.5%,” he noted.

Prime
Minister Narendra Modi on Tuesday left for Brazil to attend the 11th BRICS
summit. This is PM Modi’s sixth time to participate in the BRICS summit.

Earlier in
the day, he held bilateral meetings with Russian President Vladimir Putin and
the Chinese Premier Xi Jinping. Apart from this, PM Modi also met President of
Brazil Jair Messias Bolsonaro on the sidelines of 11th BRICS Summit in
Brasilia, Brazil.

An
association of five major emerging national economies such as Brazil, Russia,
India, China and South Africa, BRICS brings together these five countries which
comprise 42% of the world’s population, having 23 % of the global Gross
Domestic Product.