Prime Minister Narendra Modi praised BRICS during a summit, highlighting its representation of 40% of the world’s population and 30% of the economy. He also expressed pride over the New Development Bank’s sanctioning of $35 billion development projects and its potential for being an important financing option for the Global South. Modi voiced hopes for strengthened economic cooperation within BRICS and looked forward to important initiatives like the BRICS Startup Forum and the increased role of small and medium scale industries. #narendramodi #brics #pmmodiinrussia #itwebvideos #newdevelopmentbank #globalsouth #economy #developmentprojects
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