BRICS summit: Jaishankar stresses on fair and transparent trade policy

Hyderabad: External Affairs Minister S. Jaishankar joined the emergency BRICS summit virtually on Monday. He called for a trade policy that is fair, transparent, and beneficial to all.

Without naming US President Donald Trump, Jaishankar criticised policies that create barriers and complicate trade. He said such hurdles bring no benefit and urged members to make commerce easier.

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BRICS summit addresses tariff barriers, with Jaishankar urging smoother global trade

The summit focused on challenges arising from American tariff policies. The US has imposed duties of up to 50% on imports from India and Brazil.

Leaders who attended included China’s Xi Jinping, Russia’s Vladimir Putin, and Brazil’s Lula da Silva. Officials said Prime Minister Narendra Modi was earlier expected to join.