Distinguished members of the Business Council
Ladies and Gentlemen,
I believe, economic forces are becoming increasingly important in global relationships.
Domains like Trade, Technology, Tourism, Talent and Tradition have the power to redefine existing paradigms.
I am thus pleased, that we established, the BRICS Business Council, in Durban, last year.
It is important, that our business leaders lead the effort in promoting trade, investment and manufacturing ties, among our countries.
I appreciate the work done by the Council.
Various enabling agreements, and MoUs; have already been signed between BRICS Development Banks, to promote intra-BRICS trade and investment.
I would suggest the Business Council work in close coordination with the Development Banks, and, the Contact Group on Trade and Investment Issues.
The suggestions presented in the Annual Report are important. The Council should work closely with BRICS Sherpas to see how these suggestions can be taken forward.
I am also happy to note that the Council has gone beyond BRICS to make concrete proposals for contributing to the growth, and development of the larger African region.
India remains committed to partnering with African countries in their developmental initiatives.
I once again, express my appreciation for the good work that has been done.
Greetings and thank you very much for sharing your thoughts.
Your party has achieved its fourth consecutive major victory under your leadership. I had immediately congratulated you on Twitter for the same, but today as we are meeting up virtually, I wish to take this opportunity to congratulate you once again and wish you all the best!
Our relations are based on shared values like democracy and the rule of law. Our approach towards global challenges like climate change, terrorism, pandemics is also the same. Convergence is also emerging on our thoughts about new areas like Indo-Pacific resilient supply chains and Global Digital Governance. Today, we will give a new dimension to this bond with our Strategic Partnership on Water. The establishment of a fast track mechanism for promoting investment will also add new momentum to our strong economic cooperation. I am confident that in the post-Covid period many new opportunities will open up in which like-minded countries like ours can increase mutual cooperation.
The visit of Their Majesties to India in 2019 has given a boost to India-Netherlands relations. I believe that today our Virtual Summit will add further momentum to the relations.
Just as you mentioned about the Indian diaspora, it is true that a large number of people of Indian origin are living there in Europe, but I want to express my heartfelt gratitude to you for the care and concern that you have shown to the people of Indian origin in this corona period, in this pandemic. We will also get the opportunity to discuss various issues during the COP-26 as well as the India-EU summit with the European Union.