Hyderabad: India used the BRICS summit platform to call for smoother global trade. External Affairs Minister S. Jaishankar said restrictions harm growth and must be avoided.
He emphasised that trade should be fair, transparent, and mutually beneficial. Without naming the US, he pointed to tariffs that complicate transactions.
BRICS summit focuses on tariffs as Jaishankar calls for open trade
The emergency meeting was held to address the impact of US tariffs on emerging economies. Washington has levied duties of up to 50% on imports from India and Brazil.
The session was attended by China’s Xi Jinping, Russia’s Vladimir Putin, and Brazil’s Lula da Silva.