BRICS: A Platform for Inclusive Multilateralism
Finance Minister Nirmala Sitharaman emphasized the importance of BRICS as a crucial platform for promoting inclusive multilateralism, especially during times when global institutions are questioned for their legitimacy and representation.

India's Resilience and Strategy
Speaking at the BRICS Finance Ministers and Central Bank Governors meeting in Rio de Janeiro, Sitharaman showcased India's resilience, attributing it to strong domestic demand, prudent macroeconomic management, and targeted fiscal measures.
Policy Responses and Reforms
She detailed India's approach to overcoming trade and financial challenges through market diversification, infrastructure-led growth, and structural reforms aimed at enhancing competitiveness and productivity.
Call for Global South's Voice
Sitharaman urged BRICS nations to lead by example, advocating for credible reforms and amplifying the global South's voice, while also addressing the disproportionate burden of climate action on these countries.
Strengthening Bilateral Ties
On the sidelines, Sitharaman engaged in bilateral discussions with Russian and Chinese counterparts, focusing on mutual interests and cooperation avenues.
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