India calls for local currency trade among BRICS to enhance economic resilience
India, Sept. 12 -- India on Friday urged Brics nations to create a predictable business environment, build resilient supply chains and link their payment systems to allow trade in local currencies, as Russia proposed a Brics grain exchange to strengthen food security across the bloc.
Delivering the keynote address at the Brics Business Forum, external affairs minister S Jaishankar said India's chairship was focused on resilience, innovation, cooperation and sustainability. "We meet at a time when [the] global political and economic order is under churn. Volatility, uncertainty, and complexity have become defining features of the world around us. We are witnessing the economic consequences of geopolitical conflicts, of pandemics, and of c...
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