TIL Desk/National/New Delhi/ The five-nation grouping BRICS has adopted a counter-terrorism action plan, Prime Minister Narendra Modi said on Thursday while chairing a virtual summit of the five-nation grouping. The summit, hosted by India, was attended by Russian President Vladimir Putin, Chinese President Xi Jinping, South African President Cyril Ramaphosa and Brazil’s Jair Bolsanaro.
The BRICS (Brazil-Russia-India-China-South Africa) brings together five of the largest developing countries of the world, representing 41 per cent of the global population, 24 per cent of the global GDP and 16 per cent of the global trade. In his opening remarks, Modi said India has received full cooperation from all BRICS partners during its chairmanship and listed various achievements of the grouping.
“Today we are an influential voice for the emerging economies of the world. This platform has also been useful for focusing attention on the priorities of developing nations as well,” he said. The BRICS has created strong institutions like the New Development Bank, the Contingency Reserve Arrangement and the Energy Research Cooperation Platform, he noted. “These are all very strong institutions,” he added.
