PM Modi: India Building Economic Bridges Amid Rising Trade Barriers

Prime Minister Narendra Modi stated that India is actively building economic bridges with other countries, despite the rising trade barriers globally. This statement was made at the Brics forum, where Modi highlighted India's efforts to strengthen its economic ties with other nations.

According to Modi, since 2014, India has entered into free trade agreements with nearly 40 countries. This move is seen as a significant step towards increasing trade and economic cooperation between India and these countries.

The Brics forum, which brings together the leaders of Brazil, Russia, India, China, and South Africa, aims to promote economic cooperation and development among its member countries. Modi's statement at the forum underscores India's commitment to free trade and economic cooperation, even as other countries are imposing trade barriers.

In recent years, India has been actively pursuing free trade agreements with various countries, with the aim of increasing its exports and promoting economic growth. The country has already signed FTAs with several countries, including Japan, South Korea, and the ASEAN nations.

Modi's statement also highlights the importance of economic cooperation among nations, particularly in the face of rising protectionism and trade barriers. By building economic bridges with other countries, India aims to promote free trade and economic cooperation, and to emerge as a major player in the global economy.

The Brics forum provides a platform for its member countries to discuss and address issues related to economic development, trade, and investment. Modi's statement at the forum is seen as a significant move towards promoting economic cooperation and development among the Brics nations.

In the context of the current global economic scenario, India's efforts to build economic bridges with other countries are seen as a positive move. The country's commitment to free trade and economic cooperation is expected to promote economic growth and development, not only in India but also in the other Brics nations.

Overall, Modi's statement at the Brics forum highlights India's commitment to economic cooperation and free trade, and its efforts to build economic bridges with other countries. This move is expected to promote economic growth and development, and to strengthen India's position in the global economy.

What this means for India is that the country is taking a significant step towards promoting economic cooperation and free trade, despite the rising trade barriers globally. This move is expected to promote economic growth and development, and to strengthen India's position in the global economy.