PM Modi to attend 17th BRICS Summit in Brazil; Set to hold key bilateral meetings with world leaders

ANI

New Delhi, June 30, 2025 (ANI): On PM Narendra Modi's upcoming visit to Ghana, Trinidad and Tobago, Argentina, Brazil, and Namibia, Secretary (Economic Relations) Dammu Ravi said, "The 17th BRICS Summit is taking place on 6th and 7th July in Rio, Brazil... The theme of the Rio Summit is 'Strengthening Global South Cooperation for Inclusive and Sustainable Governance'... India will be holding the chair of the BRICS next year..."

Transcript

00:00Let me now touch upon Anrual Prime Minister's visit to Rio.

00:06The 17th BRICS summit is taking place on 6th and 7th.

00:10Anrual Prime Minister will arrive on the 5th evening, but the main program is on the 6th.

00:17As you know, the format is very clear.

00:19There are full members, which are 10.

00:22There are about 12 partner countries.

00:24There are 8 invitee countries at the head of state, head of government level.

00:30And there are 7 heads of regional and multilateral bodies.

00:34The theme of the Rio summit is strengthening Global South cooperation for inclusive and sustainable governance.

00:43The program on the 6th includes the first agenda item, the reform of the global governance,

00:50where only the full members will participate.

00:53And thereafter, there is the second item on the agenda, the peace and security,

00:58which is in the working lunch format, where the leaders will discuss the agenda item.

01:06And all of this will be captured in the leaders' statements, which will be seen as deliverables.

01:14Post-lunch, the third item on the agenda is strengthening multilateralism, economic financial affairs, and artificial intelligence.

01:26Later that evening, we'll be in official reception.

01:29All the leaders will be participating.

01:31The next day, which is on the 7th, July, the fourth item of the agenda is environment, COP30, and global health.

01:39As you are aware, that Brazil will also be hosting COP30 later in the year, in November,

01:45which is why climate change and COP issues become very important.

01:50As you know, the BRICS process is led by the chair, and they set the agenda,

01:56but the decisions are in a consensus-based format.

01:59We are hopeful that there will be four deliverables, although discussions are continuing still at the Sherpa and the Sioux-Sherpa level.

02:08The leaders' declaration, the leaders' statement on global governance and artificial intelligence,

02:15the leaders' framework declaration on climate finance,

02:18and BRICS partnership for elimination of socially determined diseases.

02:23There will also be, in addition, four reports that will be submitted to the leaders.

02:29One, the deliberations happen during the National Security Advisors' level,

02:35the Business Council meetings that would have happened before that,

02:39the Women's Business Alliance report, and the Civil Council report.

02:43As you know, that all these discussions in the last few months across various platforms and working groups

02:52will find convergence in the declaration of the leaders,

02:56which will be endorsed by the leaders during that time.

03:00Both at the Sherpa and the Sioux-Sherpa level, there have been intense discussions that have taken place.

03:04What we also noticed is that the Brazil's agenda more or less is encapsulating the ideas of the global south.

03:14And these are more or less in alignment with India's provisions.

03:19And lastly, India will be holding the chair of the BRICS next year,

03:25and which is why, in this context, Honorable Prime Minister's visit is even more important.

03:29Secretary Yair just mentioned about the BRICS portion of the visit to Brazil.

03:34I will try and add on to that by talking about the bilateral segment of the visit,

03:39which will be on, I'll start with Brazil, which will be on 8th of July.

03:466th and 7th will be the Rio segment for the BRICS summit.

03:52As you know, Prime Minister has earlier visited Brazil on three occasions.

03:56The first in July 2014, followed by another visit in 2019 to attend the BRICS summit,

04:01and in November last year to attend the G20 summit in Rio de Janeiro.

04:09During the state visit to Brasilia,

04:13Prime Minister is scheduled to hold bilateral talks with President Lula.

04:18The program basically includes a ceremonial welcome on arrival,

04:21followed by a restricted meeting and a delegation-level format talks,

04:27culminating with a lunch hosted by President Lula for Prime Minister Modi.

04:35The state visit will provide an opportunity to review the entire gamut of our partnership,

04:41including trade and investments, oil and gas, renewable energy,

04:45mining and critical minerals, defense and security, agriculture and livestock,

04:51healthcare and traditional medicine, tourism, space, science and technology,

04:56DPI, and also sports and people-to-people relations in general.

05:02Both leaders will also be discussing during their talks global issues of mutual interest.

05:08The visit will be a significant milestone in the India-Brazil strategic partnership

05:15and is envisaged to add renewed momentum to the strategic partnership,

05:19which we agreed to in 2006.

05:23On the trade front, India's trade with Brazil is the largest

05:27compared to any other country in Latin America.

05:30It had reached $16.6 billion in 2022-23 and following the drop in oil and gas prices,

05:39it is now around $12.2 billion,

05:42with India enjoying a trade surplus as we export goods worth $6.7 billion to Brazil

05:51and import goods worth $5.4 billion.

05:54Both leaders have set a bilateral trade target of $20 billion during their last meeting in November 2024.

06:05During their forthcoming meeting in Brasilia,

06:07the two leaders are expected to discuss ways to strengthen and diversify bilateral trade,

06:13including through expansion of the India-Mercosur PTA,

06:16as Brazil will be holding the chairship of Mercosur from 1st July 2025.

06:25India and Brazil are strong proponents of Global South Cooperation.

06:28We also collaborate closely across all global platforms,

06:32of which we both are members, including BRICS, G20, IBSA, and of course the United Nations.

06:39We also collaborate closely as members of G4,

06:42for seeking comprehensive reform of the UN Security Council.

06:47We are looking at a few important bilateral MOUs and agreements,

06:52especially in renewable energy, agricultural research, and security cooperation.

06:57We will give you more details during the course of the visit.

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