Page 40 - NIS English 16-31 July 2022
P. 40

World   G-7 Summit

                                                                  BRICS extremely important in

                                                                  the global post-COVID recovery

                                                                  Prime Minister Narendra Modi led India’s
                                                                  participation at the 14th BRICS Summit,
                                                                  convened under the Chairship of President
                                                                  Xi Jinping of China on 23-24 June 2022, in
                                                                  a virtual format. Prime Minister called for
                                                                  the strengthening of the BRICS Identity and
                                                                  proposed establishment of Online Database
                                                                  for BRICS documents, BRICS Railways
                                                                  Research Network, and strengthening
                                                                  cooperation between MSMEs.

                                                                      Addressing the 14th BRICS Summit, Prime
                                                                     Minister Narendra Modi said that we BRICS
                                                                     member countries have had very similar
                                                                     views on the governance of the global
                                                                     economy. Highlights of Prime Minister
                                                                     Narendra's address at the BRICS summit
                                                                     Our mutual cooperation can make a useful
                                                                     contribution to the global post-COVID
                                                                     recovery.
                                                                     We have made structural changes in BRICS
                                                                     over the years, which have increased the
        When the President of the UAE himself came                   impact of this institution.
        to welcome Prime Minister Narendra Modi,                     We have strengthened the bond between

        On June 28, Prime Minister Narendra Modi made a              our citizens by increasing links between the
                                                                     BRICS Youth Summit, BRICS sports, civil
        brief halt in Abu Dhabi, United Arab Emirates (UAE),         society organisations, and think tanks.
        on his return from the G-7 summit in Germany. During         To deal with the economic problems
        this, the President of the UAE himself and his entire        caused by the pandemic, we adopted the
        family reached out to receive him. The two leaders           mantra of Reform, Perform, and Transform
        embraced  each other warmly  and  expressed  their           in India, and the results of this approach
        commitment to  enhancing  the  relations  between            are visible in the Indian economy's
        the two countries to new heights. PM Modi wrote on           performance.
        social media: "My brother, I am overwhelmed by this          We expect 7.5 percent growth this year,
        sentiment. Thank you. "                                      making us the fastest growing major
                                                                     economy.

          Minister  Modi  not  only  reminded  developed      environmental steps. We met our non-fossil fuel
          countries of their global responsibilities, but also   energy efficiency target of 40% nine years ahead
          referred to India's environmental commitments,      of schedule. The goal of blending 10% ethanol
          stating that India is home to 17 percent of the     into  gasoline was met five months  ahead  of
          world's population.  However, our contribution      schedule.  India  is  home to  the  world's first
          to  global  carbon emissions  is  only  5%.  Our    fully  solar-powered airport. India's  vast  railway
          way of  life,  which  is  based  on  the  principle  of   network will reach net zero in this decade. Other
          coexistence with nature, is the root cause of this.  developing  countries  take  notice  when  a  large
             "Our commitment to  the  environment  is         country like  India  displays  such  ambition.  "We
          evident  in  our performance," Prime  Minister      hope that  the  G7  wealthy  nations  will  support
          Modi said,  referring to India's  significant       India's efforts."


        38  New India Samachar    July 16-31, 2022
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