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Filipino Times
08-07-2025
- Business
- Filipino Times
Abu Dhabi Crown Prince concludes visit to Brazil for 17th BRICS Summit
Abu Dhabi Crown Prince His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan has concluded his official visit to Brazil, where he led the United Arab Emirates delegation to the 17th BRICS Summit. He attended the summit on behalf of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan. The summit, chaired by Brazil, was held under the theme 'Strengthening Global South Cooperation for More Inclusive and Sustainable Governance' and was attended by heads of state and government from BRICS member countries, along with leaders of invited states and representatives of international organizations. During the visit, Sheikh Khaled emphasized the importance of BRICS as a platform for fostering strategic partnerships and international cooperation, particularly in addressing global economic, humanitarian, and geopolitical challenges. The Crown Prince also expressed appreciation for Brazil's warm reception and conveyed his best wishes for the country's continued development and prosperity. He was accompanied by Reem Al Hashimy, Minister of State for International Cooperation; Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade; Ahmed Ali Al Sayegh, Minister of State; Saif Saeed Ghobash, Secretary-General of the Abu Dhabi Executive Council and Chairman of the Office of the Crown Prince; Maryam Eid AlMheiri, Chairperson of the Abu Dhabi Media Office and Advisor for Strategic Relations at the Crown Prince Court; Saeed Mubarak Al Hajeri, Assistant Minister of Foreign Affairs for Economic and Trade Affairs; and Saleh Ahmad Salem Alsuwaidi, Ambassador of the UAE to Brazil. The UAE is participating in the summit for the second time as a member of BRICS, which was established in 2009 to enhance political and economic cooperation among emerging economies.
India Today
07-07-2025
- Politics
- India Today
India's triumph at Brics: PM unites summit against terrorism, pushes reforms
India emerged as a leading voice at the 17th Brics Summit in Brazil, securing a unanimous condemnation of terrorism and pushing for urgent reforms in global governance institutions. Prime Minister Narendra Modi's participation shaped the summit's agenda, particularly spotlighting the fight against summit, themed 'Strengthening Global South Cooperation for Inclusive and Sustainable Governance,' concluded with the adoption of the Rio de Janeiro Declaration, which reflected many of India's strategic concerns. It delivered a sharp message on cross-border terrorism, while also highlighting the contradictions in China's the session on Peace and Security, PM Modi condemned the April 22 terrorist attack in Jammu and Kashmir's Pahalgam, which killed 26 people. He described it as an 'assault on humanity.' The Brics declaration echoed this sentiment, denouncing the attack in the 'strongest terms' and rejecting 'double standards' in countering terrorism. The declaration called for decisive action against UN-designated terrorists and those who fund or shelter them—an implicit reference to Pakistan's role in cross-border terrorism. Speaking at a press conference, Dammu Ravi, Secretary (Economic Relations) in the Ministry of External Affairs, said India's diplomatic efforts ensured that Para 34 of the declaration captured a united stand against terrorism, including those who 'abet, finance, covertly or overtly.'The reference to the 'cross-border movement of terrorists' served as a direct nod to India's longstanding concerns. The PM said that 'victims and supporters of terrorism cannot be weighed on the same scale,' and called for sanctions on those who aid terrorists. All 11 Brics members and partner countries expressed solidarity, marking a diplomatic win for China's dual role drew criticism. While Beijing joined the condemnation of the Pahalgam attack, it continues to shield Pakistan by blocking UN designations of Pakistan-based terrorists. PM Modi's pointed remark against those offering 'silent consent' to terrorism for political gain appeared to target this inconsistency. Though Chinese Premier Li Qiang led the delegation in place of President Xi Jinping, India's assertive diplomacy ensured that terrorism remained central to the summit's the security agenda, India led the charge for reforming global institutions. The PM called for a 'multipolar and inclusive world order' and stressed the need to overhaul the UN Security Council, IMF, World Bank, and WTO to reflect current global realities. According to Dammu Ravi, Para 6 of the declaration 'strongly endorsed' this demand, and highlighted the roles of India and Brazil in elevating the voice of the Global also advanced a proposal for a Brics science and research repository to secure critical mineral supply chains and develop responsible AI, in line with its commitment to sustainable development. In bilateral talks with countries like Malaysia, Cuba, South Africa, and Vietnam, the Prime Minister promoted collaboration in digital infrastructure such as UPI and the integration of India prepares to assume the Brics leadership in 2026, PM Modi's leadership at the summit has cemented its image as a global advocate against terrorism and a proponent of equitable governance. While challenges remain, especially with China's contradictory actions, the summit outcomes marked a strong endorsement of India's priorities.- Ends IN THIS STORY#BRICS
Time of India
06-07-2025
- Business
- Time of India
BRICS remains a powerful force for global good: PM Modi
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The BRICS remains a powerful force for economic cooperation and global good, Prime Minister Narendra Modi said on Sunday as several top leaders of the member nations of the grouping converged in this seaside Brazilian city to hold summit President Xi Jinping and his Russian counterpart Vladimir Putin skipped the summit, being hosted by Brazil in its capacity as the current chair of the influential BRICS has emerged as an influential grouping as it brings together 11 major emerging economies of the world, representing around 49.5 per cent of the global population, around 40 per cent of the global GDP and around 26 per cent of the global originally comprising Brazil, Russia, India, China, and South Africa, expanded in 2024 to include Egypt, Ethiopia, Iran, and the United Arab Emirates, with Indonesia joining in arrived here last night on the fourth leg of his five-nation tour. He has already visited Ghana, Trinidad and Tobago and situation in West Asia, the Russia-Ukraine conflict and challenges facing the Global South are likely to figure prominently at the BRICS Summit "Grateful to President Lula for hosting this year's BRICS Summit in Rio de Janeiro. BRICS remains a powerful force for economic cooperation and global good," Modi said in a social media post after he was welcomed at the venue of the summit by the Brazilian motto of the Brazilian presidency of BRICS is "Strengthening Global South Cooperation for More Inclusive and Sustainable Governance".The summit will culminate in two high-level declarations on financing the climate change regime and the governance of artificial the use of national currencies in settling intra-BRICS trade may also figure in the discussions at the will assume the presidency of BRICS next year.
Mint
20-05-2025
- Business
- Mint
Power minister calls for equitable access to energy resources globally
New Delhi: India has called for equitable access to energy resources globally as countries look for energy security amid geopolitical tensions. Union minister for power Manohar Lal told a Brics energy ministers' meeting in Brazil on Monday that energy security is one of the most pressing challenges and emphasized the need to strengthen cooperation in the southern grouping to ensure economic stability and sustainability. A statement from the ministry on Tuesday said he emphasized the need to promote equitable access to energy resources globally. It comes as countries are also looking at securing lithium and other critical mineral resources across the globe which are key for making modules used in solar power projects. India has also been working on making energy accessible for the least developed countries in Africa through the International Solar Alliance. He reaffirmed India's commitment to building a sustainable and inclusive energy future and appreciated Brazil's leadership under the theme, 'Strengthening Global South Cooperation for More Inclusive and Sustainable Governance.' He emphasized the critical role of energy security, access and affordability in advancing global development goals. During the meeting, the minister said India has become the world's third-largest producer of solar and wind energy, and that it is moving towards achieving its nationally determined contribution (NDC) goals on greenhouse gas emissions. Speaking of developments across the clean energy space, he said that India has achieved a 20% ethanol blending milestone, advancing biofuel adoption and emissions reduction and is investing in smart grids, advanced metering infrastructure, and an expanded transmission network, including the green energy corridor, setting ambitious goals for green hydrogen and nuclear energy, including a 100GW nuclear capacity target by 2047 and launching a domestic carbon credit market. He also emphasized the role of the Global Biofuels Alliance in advancing cooperation in the biofuels sector and underscored India's commitment to energy efficiency through innovative programs such as the Energy Conservation Sustainable Buildings Code, rooftop solar initiatives, and efficient appliance standards. The Global Biofuels Alliance was launched in September 2023 in India during the G20 Summit with India, the US and Brazil as the founders. The alliance currently has 24 countries and 14 international organizations as members. At the same time, Lal underscored the role of fossil fuels in the global energy mix—especially for developing countries—and urged greater cooperation to promote their cleaner and efficient use through technologies such as coal gasification, carbon capture and storage, and green chemical innovations. The Brics energy ministers reaffirmed their commitment to strengthening energy security and advancing UN Sustainable Development Goal (SDG) 7, focusing on universal electricity access, clean cooking and tackling energy poverty. They emphasized the need for just, inclusive and balanced energy transitions in response to climate change. While acknowledging the continued role of fossil fuels—particularly in developing countries—they stressed the importance of reducing greenhouse gas emissions in alignment with SDG 7 and global climate targets guided by technological neutrality and the principle of common but differentiated responsibilities and respective capabilities (CBDR-RC). The ministers called for stronger partnerships, supported open, fair, and non-discriminatory international energy markets, and encouraged the use of local currencies in energy trade. They recognized the fundamental role of the Brics Energy Research Cooperation Platform and welcomed the updated Brics Roadmap for Energy Cooperation (2025-2030) as key to deeper collaboration. Affirming each country's right to determine its own energy transition path and pace, the ministers advocated efficient use of all energy sources and called for increased concessional and low-cost financing from developed to developing nations. They highlighted the role of the New Development Bank (NDB) in promoting sustainable energy infrastructure, especially through local currency financing. The ministers advocated adoption of fair, transparent, and consistent guidelines for assessing carbon intensity, energy classification and mutual recognition of taxonomies and certifications. Underscoring energy security as vital for socio-economic development, they highlighted the importance of market stability, resilient infrastructure, diversified energy sources and critical minerals for clean technologies. They reiterated the goal to double energy efficiency by 2030 and emphasized enhanced cooperation and knowledge sharing among Brics nations. They also committed to elevating Brics' global energy role and advancing shared priorities under India's chairmanship in 2026. Brics consists of 10 countries—Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the UAE.
India Gazette
20-05-2025
- Business
- India Gazette
India leads call for inclusive energy governance at BRICS Energy Ministers' meet in Brazil
New Delhi [India], May 20 (ANI): Union Minister Manohar Lal, who led the Indian Delegation for the BRICS Energy Ministers' Meeting hosted in Brasilia this week, highlighted energy security as one of the most pressing current challenges and emphasized the need to strengthen BRICS cooperation to ensure economic stability and sustainability, as well as to promote equitable access to energy resources globally. The Union Minister for Power and Housing and Urban Affairs reaffirmed India's unwavering commitment to building a sustainable and inclusive energy future and lauded Brazil's leadership under the theme, 'Strengthening Global South Cooperation for More Inclusive and Sustainable Governance.' He further emphasised the critical role of energy security, access, and affordability in advancing global development goals. Minister Manohar Lal showcased India's rapid progress in clean energy highlighting some of the key achievements, including a 90 per cent increase in electricity capacity over the past decade, reaching 475 GW in 2025 and targeting 900 GW by 2032; becoming the world's third-largest producer of solar and wind energy; marching fast towards achieving Nationally Determined Contributions (NDCs); achieving a 20 per cent ethanol blending milestone, advancing biofuel adoption and emissions reduction; investing in smart grids, advanced metering infrastructure, and an expanded transmission network, including the Green Energy Corridor; setting ambitious goals for green hydrogen and nuclear energy, including a 100 GW nuclear capacity target by 2047. He also emphasised the role of the Global Biofuels Alliance in advancing cooperation in the biofuels sector and underscored India's commitment to energy efficiency through innovative programs such as the Energy Conservation Sustainable Buildings Code, rooftop solar initiatives, and efficient appliance standards. He underscored the vital role of fossil fuels in the global energy mix--especially for developing countries--and urged greater cooperation to promote their cleaner and efficient use through technologies such as coal gasification, carbon capture and storage, and green chemical innovations. In conclusion, Minister Manohar Lal extended an invitation to the BRICS nations to participate in the next BRICS Energy Gathering, scheduled for 2026 in India, reaffirming the country's commitment to leading the energy agenda for the Global South. During the meeting in Brasilia, the BRICS Energy Ministers reaffirmed their commitment to strengthening energy security and advancing UN Sustainable Development Goal 7 (SDG 7), focusing on universal electricity access, clean cooking, and tackling energy poverty. They emphasized the need for just, inclusive, and balanced energy transitions in response to climate change. They reaffirmed the goal to double energy efficiency by 2030 and emphasized enhanced cooperation and knowledge sharing among BRICS nations. (ANI)
