PM Modi to attend 12th BRICS Summit; he will also address Third Annual Bloomberg New Economy Forum today

Prime Minister Narendra Modi will attend the 12th BRICS Summit today hosted by Russia, under the theme Global Stability, Shared Security and Innovative Growth. The meeting will be held in a virtual format.

Prime Minister's Office in a tweet today said, "At 6:30 PM this evening, PM @narendramodi would be speaking at the 3rd Annual Bloomberg New Economy Forum. Do watch his speech. @business"

During the 12th Summit, held in the backdrop of the 75th Anniversary of UN and the midst of the COVID-19 pandemic, leaders would be discussing intra-BRICS cooperation and key issues in the global context, including the reform of the multilateral system, measures to mitigate the impact of the ongoing COVID-19 pandemic, cooperation in Counter-Terrorism, trade, health, energy and people to people exchanges.

India will be taking over the Chair ship of the BRICS, which would be the third BRICS Presidency for India since its inception after 2012 and 2016. India will host the 13th BRICS Summit next year.

Prime Minister Narendra Modi will deliver an address at the Third Annual Bloomberg New Economy Forum this evening. The Bloomberg New Economy Forum was established in 2018 by Michael Bloomberg. It seeks to build a community of leaders to engage in real conversations leading to actionable solutions about the critical challenges facing a world economy in the throes of a historic transition.

The inaugural Forum was held in Singapore and the Second Annual Forum was hosted in Beijing. These covered a range of topics, including global economic management, trade and investment, technology, urbanization, capital markets, climate change and inclusion.

This year, as the world economy is grappling with the COVID-19 pandemic, the forum will witness discussions centred on refuelling the economy and charting a course for the future.