•Support for Integration: India advocates for greater financial integration among BRICS member countries.
•Local Currency Trade: PM Modi emphasized the importance of conducting trade in local currencies to enhance economic cooperation and reduce reliance on the U.S. dollar.
•Success of UPI: PM Modi highlighted India’s Unified Payments Interface as a successful model, urging more countries to adopt local payment mechanisms for trade.
•Gaza and Lebanon: PM Modi xpressed alarm over the escalating violence in Gaza, attributing responsibility to Israel, and highlighted concerns about the situation in Lebanon.
•Kazan Declaration: The summit produced the Kazan Declaration, addressing global challenges such as conflicts in Gaza and Ukraine.
•Responsive Financial Architecture: It calls for a more responsive international financial system to address the current global landscape.
