Latest news with #BRICSBusinessCouncil
NDTV
07-07-2025
- Business
- NDTV
At BRICS, PM Modi Calls For "Working Together For Responsible AI"
Rio de Janeiro: Prime Minister Narendra Modi stated that India views Artificial Intelligence (AI) as a means to enhance human values and capabilities and called for giving equal priority to resolving concerns and encouraging innovation in AI governance, and added that they need to work together for Responsible AI. While addressing the BRICS Summit Outreach Session on 'Strengthening Multilateralism, Economic-Financial Affairs and Artificial Intelligence' on Sunday (local time), he invited BRICS nations to participate in the 'AI Impact Summit' set to be held in India next year. He said, "In the 21st century, the prosperity and progress of humanity depend on technology, especially Artificial Intelligence. On the one hand, AI is a very effective means of bringing about change in the life of a common man, on the other hand, questions such as risks, ethics, bias are also associated with AI. India's thinking and policy on this subject are clear: We see AI as a medium to enhance human values and capabilities. Working on the mantra of 'AI for All'. Today, India is actively and extensively using AI in sectors such as agriculture, health, education, governance." "We believe that resolving concerns and encouraging innovation should both be given equal priority in AI governance. We will have to work together for Responsible AI. Such global standards will have to be created that can verify the authenticity of digital content so that the source of the content can be known, transparency is maintained, and misuse is stopped. The leaders statement on Global Governance of AI being issued in today's meeting is a positive step in this direction. To increase coordination among all countries, next year, we are going to organize "AI Impact Summit" in India. We hope that all of you will actively contribute in making this summit a success," he added. PM Modi stated that the diversity of the BRICS group and its firm belief in multipolarity is its "biggest strength." He noted that the whole world is facing challenges and uncertainties. "The diversity of the BRICS group, and our firm belief in multipolarity, is our biggest strength. Today, when the world order is feeling pressure from all sides, the world is going through many challenges and uncertainties; in such a situation, the increasing relevance and influence of BRICS is natural. We should together consider how BRICS can become a pioneer of a multipolar world in the times to come," he said. "I have some suggestions in this regard: First, our economic cooperation under BRICS is progressing steadily. BRICS Business Council and BRICS Women Business Alliance have played a special role in this. Under the presidency of Brazil, special emphasis has been laid on reform of the International Financial System. We welcome this," he added. He spoke about the BRICS Agricultural Research Platform, which has been established in India and can serve as a medium for sharing best practices in agri-biotech, precision farming, and climate change adaptation. He said, "In the form of BRICS New Development Bank, we have given an important and strong option for the development of the countries of the Global South. While approving projects by NDB, it should focus on issues such as the demand-driven principle, long-term financial sustainability, and a healthy credit rating. Improving our own systems will give more credibility to our call for reformed multilateralism." "Secondly, today the countries of the Global South have certain expectations and aspirations from BRICS. We can work together to fulfil them. For example, BRICS Agricultural Research Platform has been established in India which can be a medium for sharing best practices in agri-biotech, precision farming and climate change adaptation," he added. He called for the creation of the BRICS Science and Research Repository and emphasised that its benefits can be extended to the nations of the Global South. He called for making supply chains secure and resilient. "We have taken the initiative of 'One Nation One Subscription' to make all academic journals in India available in every corner of the country. Such arrangements have been made in some other BRICS countries as well. I suggest that we consider jointly creating a BRICS Science and Research Repository, the benefits of which can also be extended to the countries of the Global South," he added. "Third, in addition to greater cooperation in critical minerals and technology, we must focus on making their supply chains secure and resilient. It must also be ensured that no country uses these resources solely for its own interests or as a weapon," he added. In a post on X, PM Modi stated, "Addressed the BRICS Summit Plenary session on 'Strengthening Multilateralism, Economic-Financial Affairs, and Artificial Intelligence.' Focused on how to make the BRICS platform even more effective in this increasingly multipolar world. Also gave a few suggestions which are explained in the thread below." Addressed the BRICS Summit Plenary session on 'Strengthening Multilateralism, Economic-Financial Affairs, and Artificial Intelligence.' Focused on how to make the BRICS platform even more effective in this increasingly multipolar world. Also gave a few suggestions which are… — Narendra Modi (@narendramodi) July 7, 2025 Ministry of External Affairs spokesperson Randhir Jaiswal stated that PM Modi, in his address, emphasised BRICS as a catalyst for global cooperation and a multipolar world. PM @narendramodi participated in the Outreach Session on 'Strengthening Multilateralism, Economic-Financial Affairs and Artificial Intelligence', along with BRICS members, partners and outreach invitees, at the 17th #BRICS Summit. In his address, PM emphasized BRICS as a… — Randhir Jaiswal (@MEAIndia) July 6, 2025 "PM @narendramodi participated in the Outreach Session on 'Strengthening Multilateralism, Economic-Financial Affairs and Artificial Intelligence', along with BRICS members, partners and outreach invitees, at the 17th #BRICS Summit. In his address, PM emphasized BRICS as a catalyst for global cooperation and a multipolar world. He urged for demand driven approach & long term financial sustainability in NDB led projects. PM highlighted India's initiatives in agri-biotech, digital education access, and called for a BRICS Science & Research Repository. On AI, he stressed on responsible governance and invited the BRICS partners for the "AI Impact Summit" that India will be hosting next year," Jaiswal posted on X.
India Gazette
07-07-2025
- Business
- India Gazette
PM Modi calls for working together for responsible AI, invites BRICS nations to participate in AI Impact Summit
Rio de Janeiro [Brazi], July 7 (ANI): Prime Minister Narendra Modi stated that India views Artificial Intelligence (AI) as a means to enhance human values and capabilities and called for giving equal priority to resolving concerns and encouraging innovation in AI governance, and added that they need to work together for Responsible AI. While addressing the BRICS Summit Outreach Session on 'Strengthening Multilateralism, Economic-Financial Affairs and Artificial Intelligence' on Sunday (local time), he invited BRICS nations to participate in the 'AI Impact Summit' set to be held in India next year. He said, 'In the 21st century, the prosperity and progress of humanity depend on technology, especially Artificial Intelligence. On the one hand, AI is a very effective means of bringing about change in the life of a common man, on the other hand, questions such as risks, ethics, bias are also associated with AI. India's thinking and policy on this subject are clear: We see AI as a medium to enhance human values and capabilities. Working on the mantra of 'AI for All'. Today, India is actively and extensively using AI in sectors such as agriculture, health, education, governance.' 'We believe that resolving concerns and encouraging innovation should both be given equal priority in AI governance. We will have to work together for Responsible AI. Such global standards will have to be created that can verify the authenticity of digital content so that the source of the content can be known, transparency is maintained, and misuse is stopped. The leaders statement on Global Governance of AI being issued in today's meeting is a positive step in this direction. To increase coordination among all countries, next year, we are going to organize 'AI Impact Summit' in India. We hope that all of you will actively contribute in making this summit a success,' he added. PM Modi stated that the diversity of the BRICS group and its firm belief in multipolarity is its 'biggest strength.' He noted that the whole world is facing challenges and uncertainties. 'The diversity of the BRICS group, and our firm belief in multipolarity, is our biggest strength. Today, when the world order is feeling pressure from all sides, the world is going through many challenges and uncertainties; in such a situation, the increasing relevance and influence of BRICS is natural. We should together consider how BRICS can become a pioneer of a multipolar world in the times to come,' he said. 'I have some suggestions in this regard: First, our economic cooperation under BRICS is progressing steadily. BRICS Business Council and BRICS Women Business Alliance have played a special role in this. Under the presidency of Brazil, special emphasis has been laid on reform of the International Financial System. We welcome this,' he added. He spoke about the BRICS Agricultural Research Platform, which has been established in India and can serve as a medium for sharing best practices in agri-biotech, precision farming, and climate change adaptation. He said, 'In the form of BRICS New Development Bank, we have given an important and strong option for the development of the countries of the Global South. While approving projects by NDB, it should focus on issues such as the demand-driven principle, long-term financial sustainability, and a healthy credit rating. Improving our own systems will give more credibility to our call for reformed multilateralism.' 'Secondly, today the countries of the Global South have certain expectations and aspirations from BRICS. We can work together to fulfil them. For example, BRICS Agricultural Research Platform has been established in India which can be a medium for sharing best practices in agri-biotech, precision farming and climate change adaptation,' he added. He called for the creation of the BRICS Science and Research Repository and emphasised that its benefits can be extended to the nations of the Global South. He called for making supply chains secure and resilient. 'We have taken the initiative of 'One Nation One Subscription' to make all academic journals in India available in every corner of the country. Such arrangements have been made in some other BRICS countries as well. I suggest that we consider jointly creating a BRICS Science and Research Repository, the benefits of which can also be extended to the countries of the Global South,' he added. 'Third, in addition to greater cooperation in critical minerals and technology, we must focus on making their supply chains secure and resilient. It must also be ensured that no country uses these resources solely for its own interests or as a weapon,' he added. In a post on X, PM Modi stated, 'Addressed the BRICS Summit Plenary session on 'Strengthening Multilateralism, Economic-Financial Affairs, and Artificial Intelligence.' Focused on how to make the BRICS platform even more effective in this increasingly multipolar world. Also gave a few suggestions which are explained in the thread below.' Ministry of External Affairs spokesperson Randhir Jaiswal stated that PM Modi, in his address, emphasised BRICS as a catalyst for global cooperation and a multipolar world. 'PM @narendramodi participated in the Outreach Session on 'Strengthening Multilateralism, Economic-Financial Affairs and Artificial Intelligence', along with BRICS members, partners and outreach invitees, at the 17th #BRICS Summit. In his address, PM emphasized BRICS as a catalyst for global cooperation and a multipolar world. He urged for demand driven approach & long term financial sustainability in NDB led projects. PM highlighted India's initiatives in agri-biotech, digital education access, and called for a BRICS Science & Research Repository. On AI, he stressed on responsible governance and invited the BRICS partners for the 'AI Impact Summit' that India will be hosting next year,' Jaiswal posted on X. (ANI)
India Gazette
05-07-2025
- Business
- India Gazette
"We are trying to remove all trade barriers," says Onkar Kanwar of BRICS Business Council
New Delhi [India], July 5 (ANI): Onkar Kanwar, Chairman of the BRICS Business Council (BBC), emphasised that the major objective of the BRICS partnership is to strengthen multilateralism, eliminate trade barriers, and foster seamless business exchange among member countries. His remarks came on the sidelines of Prime Minister Narendra Modi's visit to Brazil for the BRICS Summit, where economic cooperation and inclusive growth were key themes. Speaking to ANI on the sidelines of Prime Minister Narendra Modi's visit to Brazil for the BRICS summit, the Chairman of the BRICS Business Council said, 'We are trying to remove all the trade barriers and trade between our countries without any barriers. That is the challenge we have, and we are working on that. We can exchange businesses within our own countries, let's say from Russia to India. We can use local currencies similarly to China, and all these countries, they can use their local and that will be a long way without removing all the barriers.' Kanwar underscored India's growing leadership in promoting multilateral cooperation, dismantling trade barriers, and driving inclusive digital transformation. Kanwar emphasised the pressing need for BRICS nations to deepen economic cooperation by facilitating smoother trade flows using local currencies. 'The biggest challenge, you know, you see in India is that the world is going through a crisis and our job basically is to say how we have a multilateralism,' Kanwar stated. He pointed to India's rapid digital transformation as a model for emerging economies. 'The basic thing is we are talking of digital India. We have come a long way. We have a special platform. Even if you've got the smallest person, even if you are going in three-wheeler or if you go to any shop, he will have that digital that these platforms. We should share with other countries,' he said, adding that Digital India has come a long way and can serve as a blueprint for inclusive tech-driven growth. Kanwar lauded Prime Minister Modi's leadership, recalling his efforts to create a favourable ecosystem for startups which has opened up huge opportunities for the youth. He noted that the BRICS Business Council's meetings have been 'very constructive,' focusing on digital collaboration, youth employment, and industrial cooperation. The 17th BRICS Leaders' Summit will be held in Rio de Janeiro. During the Summit, Prime Minister Narendra Modi will exchange views on key global issues, including reform of global governance, peace and security, strengthening multilateralism, responsible use of artificial intelligence, climate action, global health, and economic and financial matters. According to the official statement, the Prime Minister is also likely to hold several bilateral meetings on the sidelines of the Summit. For the State Visit to Brazil, the Prime Minister will travel to Brasilia where he will hold bilateral discussions with President Lula on the broadening of the Strategic Partnership between the two countries in areas of mutual interest, including trade, defence, energy, space, technology, agriculture, health and people to people linkages. BRICS is currently composed of ten countries: Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates. (ANI)
IOL News
30-05-2025
- Business
- IOL News
Surve's Urgent Call for Action : A South African Vision for Youth and Economic Renewal
In a world of uncertainty, true leadership is measured by the ability to confront pressing crises. In South Africa, the future of millions of young people depends on bold action and innovative solutions. Image: Itumeleng English / Independent Newspapers In an age where nations teeter between promise and peril, the true measure of leadership is not in grand speeches but in the ability to confront the crises that define a generation. Nowhere is this more urgent than in South Africa, where the future of millions of young people hinges on bold action, not empty rhetoric. It is in this context that the recent awarding of the Global Trailblazer Award to South African entrepreneur Dr. Iqbal Survé by the T20/G20 Future of Jobs Summit feels less like a surprise and more like the natural outcome of a life lived with purpose. The Award, reserved for individuals who have shattered boundaries and sparked global movements, acknowledged Dr Survé's lifetime of work in business innovation, social transformation, and international cooperation. In the words of the citation, it celebrated his 'pioneering spirit, boundary-breaking leadership, and relentless pursuit of excellence' — a fitting tribute to someone whose journey has consistently bridged commerce, conscience, and community. For decades, South Africa has struggled with one of the world's highest youth unemployment rates, now hovering at over 60%. The crisis extends beyond economics; it threatens the nation's social fabric and future stability. Addressing this challenge has been at the heart of Survé's broader mission, from his days as a medical doctor treating victims of apartheid, to building companies that have created thousands of jobs and sustainable enterprises across Africa. As a founding member and chairperson of the BRICS Business Council, Survé helped shape the architecture of South-South cooperation, advocating for emerging markets long before it became fashionable. His diplomatic engagements have earned him recognition from several nations, including the International Friendship award from Her Majesty, Queen Letizia of Spain, and fourteen other global awards, and he has been a member of the World Economic Forum since 2007. In these arenas, Survé has championed a future where emerging economies are not mere participants, but architects of a multipolar world order. During his recent address at the Future of Jobs Summit, Dr Survé didn't mince words about the scale of South Africa's challenges. In a moment that blended satire with sober reflection, he remarked on the conspicuous absence of key South African officials, a nod that underscored deeper concerns about leadership's reluctance to confront uncomfortable truths. True leadership, he argued, lies not in diplomatic courtesies but in the courage to advocate for bold, structural reforms, especially in the face of youth unemployment. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad Loading In his keynote, Dr Survé proposed practical and visionary solutions: creating regional centres of excellence across Africa, each dedicated to building expertise in critical sectors such as technology and energy. 'Let's divide up the continent,' he said, 'not by colonial lines, but by language and capability, and build institutions that serve our future.' It was a call not just to action, but to rethink Africa's place in the world. The significance of the Trailblazer Award, then, lies not merely in the personal recognition of Dr Survé, but in what it represents — the validation of a worldview rooted in service, resilience, and transformation. At a time when the global order itself is being renegotiated, leaders like Survé offer a reminder that real progress is driven not by those who wait for change but by those who build it. The world is full of awards, but few are earned through the steady accumulation of deeds that shift the horizon of possibility for others. In that sense, Survé's recognition is less about personal acclaim and more a marker of what leadership, grounded in principle and action, can achieve. * Adri Senekal de Wet is the Editor-in-Chief of Independent Media.
