The global economic environment remains uncertain and challenging. Recovery is still fragile despite improved prospects. 

In an environment of political conflict and persisting weakness in major economies; we have to be watchful for signs of a new bout of financial turmoil. 

Developments in Iraq and the wider region could affect this. I am also concerned that tight monetary policies in some countries couldundercut investment and growth in ours.

An open, rule-based, international trading regime is critical for global economic growth.

It must address the aspirations of the developing world. 

It must also accommodate the special needs of the most vulnerable sections of our societies, especially in areas such as food security. 

This is our broad expectation from the negotiations in the Doha Round of WTO. 

Excellencies, 

The Agreement towards setting up the BRICS New Development Bank is a significant step. I am happy, the initiative announced at the BRICS Summit in New Delhi in 2012, has become a reality. 

The agreement on the BRICS Contingent Reserve Arrangement is another major achievement. 

I compliment our Finance Ministers for concluding these two initiatives so quickly. 

These initiatives are rooted in our own experience as developing countries. 

They show our capacity to set up global institutions. 

They will open new avenues for supporting development in our countries as well as helping other developing nations. 

We should ensure these institutions establish a new model for supporting growth and stability. 

Excellencies, the theme of this Summit is also the guiding principle of my Government. For us, inclusion is a special challenge and responsibility; given our vast social, regional and economic diversity.

Our policies will focus on empowering people with skills and opportunities.

We will invest heavily in infrastructure, affordable housing, healthcare,education and clean energy.

We will harness all possibilities that advanced technologies open up.

All this will require fast-tracking of Growth. 

We will champion, clean and frugal resource use; to maintain the Sustainabilityof our development process, without constraining our growth. 

Sustainability has in fact been a core element of the Indian way of life. As Mahatma Gandhi had said, the World has enough, for everyone’s Need, but not for everyone’s Greed. We can all partake of the bounty of nature. However, exploitation of nature is a crime.

We have made progress, on the Millennium Development Goals. But widespread poverty still haunts us. 

We must keep poverty eradication at the centre of the post-2015 Development Agenda. 

It is important to shape the global discourse on the same, especially in forums like the UN. BRICS can be a major voice on the world stage to build consensus towards such efforts.

Excellencies, 

BRICS is in a position today where it wields enough horizontal influence to compel the world to take notice.

Our own good, however, lies in deepening our bonds vertically. 

We must focus on further decentralizing, this powerful forum. 

We must go beyond Summit and Leader-centric deliberations; and champion Sub-national Level exchanges. We must encourage engagement between our States, Cities and other local bodies. 

BRICS should in fact be truly driven by ‘People to People’ contact. Our Youth, in particular, must take a lead in this. 

Popularizing our languages through dedicated BRICS language schoolsin all BRICS countries could be a beginning in this direction. 

We could also consider establishing Massive Open Online Courses for making quality education accessible to all.

We could even explore the idea of a BRICS University. 

Today, technology is a transformative toolin every area of social and economic development. 

The vast pool of talent in BRICS could be combined to cooperate in areas like: health, education, agriculture, resource management and urban development. 

Perhaps a Young Scientists’ Forum of BRICS Countries could be explored.

Other initiatives could include: 

An affordable healthcare platform of BRICS nations. 

Mechanism to further cooperation, between our Small and Medium enterprises.

And, a common framework for promoting Tourism among BRICS countries.

I am aware of the comprehensive proposals that our Chinese and Russian partners have put forward to deepen BRICS cooperation. 

Our Sherpas should examine them urgently.

Let us deepen our bonds to make BRICS a stronger instrument of progress, for all mankind.

Thank you

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PM Modi’s remarks at the BRICS session: Environment, COP-30, and Global Health
July 07, 2025

Your Highness,
Excellencies,

I am glad that under the chairmanship of Brazil, BRICS has given high priority to important issues like environment and health security. These subjects are not only interconnected but are also extremely important for the bright future of humanity.

Friends,

This year, COP-30 is being held in Brazil, making discussions on the environment in BRICS both relevant and timely. Climate change and environmental safety have always been top priorities for India. For us, it's not just about energy, it's about maintaining a balance between life and nature. While some see it as just numbers, in India, it's part of our daily life and traditions. In our culture, the Earth is respected as a mother. That’s why, when Mother Earth needs us, we always respond. We are transforming our mindset, our behaviour, and our lifestyle.

Guided by the spirit of "People, Planet, and Progress”, India has launched several key initiatives — such as Mission LiFE (Lifestyle for Environment), 'Ek Ped Maa Ke Naam' (A Tree in the Name of Mother), the International Solar Alliance, the Coalition for Disaster Resilient Infrastructure, the Green Hydrogen Mission, the Global Biofuels Alliance, and the Big Cats Alliance.

During India’s G20 Presidency, we placed strong emphasis on sustainable development and bridging the gap between the Global North and South. With this objective, we achieved consensus among all countries on the Green Development Pact. To encourage environment-friendly actions, we also launched the Green Credits Initiative.

Despite being the world’s fastest-growing major economy, India is the first country to achieve its Paris commitments ahead of schedule. We are also making rapid progress toward our goal of achieving Net Zero by 2070. In the past decade, India has witnessed a remarkable 4000% increase in its installed capacity of solar energy. Through these efforts, we are laying a strong foundation for a sustainable and green future.

Friends,

For India, climate justice is not just a choice, it is a moral obligation. India firmly believes that without technology transfer and affordable financing for countries in need, climate action will remain confined to climate talk. Bridging the gap between climate ambition and climate financing is a special and significant responsibility of developed countries. We take along all nations, especially those facing food, fuel, fertilizer, and financial crises due to various global challenges.

These countries should have the same confidence that developed countries have in shaping their future. Sustainable and inclusive development of humanity cannot be achieved as long as double standards persist. The "Framework Declaration on Climate Finance” being released today is a commendable step in this direction. India fully supports this initiative.

Friends,

The health of the planet and the health of humanity are deeply intertwined. The COVID-19 pandemic taught us that viruses do not require visas, and solutions cannot be chosen based on passports. Shared challenges can only be addressed through collective efforts.

Guided by the mantra of 'One Earth, One Health,' India has expanded cooperation with all countries. Today, India is home to the world’s largest health insurance scheme "Ayushman Bharat”, which has become a lifeline for over 500 million people. An ecosystem for traditional medicine systems such as Ayurveda, Yoga, Unani, and Siddha has been established. Through Digital Health initiatives, we are delivering healthcare services to an increasing number of people across the remotest corners of the country. We would be happy to share India’s successful experiences in all these areas.

I am pleased that BRICS has also placed special emphasis on enhancing cooperation in the area of health. The BRICS Vaccine R&D Centre, launched in 2022, is a significant step in this direction. The Leader’s Statement on "BRICS Partnership for Elimination of Socially Determined Diseases” being issued today shall serve as new inspiration for strengthening our collaboration.

Friends,

I extend my sincere gratitude to all participants for today’s critical and constructive discussions. Under India’s BRICS chairmanship next year, we will continue to work closely on all key issues. Our goal will be to redefine BRICS as Building Resilience and Innovation for Cooperation and Sustainability. Just as we brought inclusivity to our G-20 Presidency and placed the concerns of the Global South at the forefront of the agenda, similarly, during our Presidency of BRICS, we will advance this forum with a people-centric approach and the spirit of ‘Humanity First.’

Once again, I extend my heartfelt congratulations to President Lula on this successful BRICS Summit.

Thank you very much.