Brics India Pushes For Trade Without Barriers Biz Leaders Call For Local Currency Use
Business

India Champions Barrier-Free BRICS Trade and Local Currency Transactions

Prime Minister Modi’s recent trip to Brazil for the BRICS Summit highlighted India’s strong push for enhanced economic cooperation within the bloc. A key focus? Streamlining trade by eliminating barriers and encouraging transactions using local currencies, a move advocated strongly by business leaders attending the summit.

India’s impressive digital infrastructure is also taking center stage. The nation’s digital transformation journey is being presented as a potential blueprint for other developing economies in the BRICS alliance. There’s significant interest in replicating successful Indian digital platforms across the BRICS nations, fostering collaboration and shared growth.

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