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  • 6 months ago
Rio de Janeiro (Brazil), July 07, 2025(ANI):  Secretary (Economic Relations) Dammu Ravi said, "Para 34 (of BRICS declaration) says that condemnation of terrorism in all its manifestations, including those who abet, who finance either covertly or overtly. There is also a reference to the cross-border movement of terrorists and the listing of terror groups. There is also strong support for the Comprehensive Convention against Terrorism, which was India's initiative in the UN for a long time... That message is very clear to our neighbours..."

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00:00See, if you look at the pair of 34, it's very clear. One is, there is unanimous condemnation
00:08of all the leaders. I think you need to know that. And it also says that condemnation in
00:14all its manifestations and including those who abet, who finance and either openly, covertly
00:27or overtly, in both ways, it has been condemned. There is also reference to the cross-border
00:35movement of terrorists. It's also coming out very clearly. And the listing of terrorist
00:40groups. Then there is also a strong support for comprehensive convention against international
00:48terrorism, which was India's formulation, India's initiative in the UN for a long
00:54term as you know that. So, the message is very clear. For anyone who understands the dangers
01:05of terrorism and how it can be, how it needs to be condemned, tackled not by just us. You
01:13know, there is a solidarity, there is a universal condemnation, which means all the countries
01:20are against it in any form. So, that message is very clear to our neighbors.
01:27I will… Let me mention about the BRICS cross-border payments, you know, which Meghna has just brought
01:37it out and the debt servicing issues. I think this is a concern post-COVID, as you all know,
01:43countries economically have become weak in the Global South, and that is truly the concern
01:50of the BRICS countries. Because BRICS, in some sense, you know, represent Global South countries,
01:58a multipolarity in its strongest terms, because there is a diversity in the BRICS countries.
02:06So, this was one of the ideas. Now, what are they looking for? Countries are looking for
02:12alternatives. Interoperability payment is a faster mechanism in terms of able to do cross-border
02:21trading. And this is a low-cost solution. India has been successfully implemented it and
02:27we are also entering into bilateral arrangements with many countries. So, within the BRICS track,
02:33there is a discussion on it. We are hopeful that in the days to come there will be traction
02:39and countries will accept it, as it is beneficial to most of them.
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