One million crore loss to the world due to terrorism: Modi

Brasilia, Ta. November 14, 2019, Thursday

The 11th BRICS convention began in Brazil. Addressing the BRICS summit, Prime Minister Narendra Modi said that terrorism was the biggest problem of today. One million crore damage to the world due to terrorism and 1.5 percent of the world's growth rate was affected by terrorism.

Addressing the 11th BRICS summit in Brazil, Prime Minister Modi targeted countries promoting terrorist activity. According to Modi, terrorism is causing a loss of one million dollars to the world economy and the economic growth rate of the world has been hit by 1.5% due to terrorism.

In the address, Modi said that in the last 10 years, 2.5 lakh innocent people have died due to terrorism in the world. Modi also called on the BRICS heads to fight against the terrorism. Modi in his speech referred to the Fit India Movement and said that if BRICS countries interact with India in this area, India would welcome them.

Prime Minister Modi said that the first seminar on terrorism was organized at the BRICS convention. The fight against terrorism is the most important movement in the world. Modi, without naming Pakistan, said that minimizing economic dealings with the countries that are funding terrorism would result. He said support for such countries should stop.

The Prime Minister said, "I hope that our organization will think very seriously in this direction and take concrete steps towards eliminating terrorism together."

Modi said that BRICS countries, which account for 50% of the world's economy, are playing a very big role in the future of the world. Brazil, Russia, India, China and South Africa, known as BRICS. This is the 11th convention held in Brazil

The President of Brazil will be a special guest on Republic Day 2020

At a BRICS convention in Brazil, Prime Minister Modi invited Brazilian President Zaire Bolsonaro to be a special guest on India's 2020 Republic Day. The President of Brazil accepted the invitation. In parallel to the convention, a meeting with the President of Brazil was held. In the meantime, Modi had sent the invitation. After the meeting, the official statement said that the meeting between the heads of the two countries was very important. The two leaders agreed to enhance mutual cooperation and also agreed to increase bilateral trade in the coming days.

Modi-Jinping discusses bilateral issues at BRICS convention

Prime Minister Narendra Modi met with Chinese President Xi Jinping at the beginning of the BRICS convention. There were trade and investment discussions between Modi and Jinping. In this bilateral dialogue, the heads of the two countries expressed their determination to increase cooperation in trade. Modi and Jinping met very warmly and agreed to work together in the direction of strengthening relations between the two countries. A PMO tweet mentioned the conversation with Jinping. Modi also tweeted that Chinese President Xi Jinping had discussed the two countries' cooperation on various issues. Today's discussion will bring new warmth to the relations between the two countries.

Modi addresses business leaders at BRICS convention

India is the most open and investment friendly country: Modi

India will become a five trillion dollar economy by 2024, BRICS investors will be welcomed in India

Modi also addressed the BRICS business leaders at a BRICS convention in Brazil. Modi said India is the fastest growing economy in the world right now and by 2024 India's economy will reach $ 5 trillion.

Prime Minister Narendra Modi said India would warmly welcome investors from BRICS countries. India has immense business potential. There is enormous potential for investors in India to invest $ 1.5 trillion in construction. Modi said that after 10 years, the BRICS platform has now become effective. The platform is capable of planning the future for half of the world's population.

Talking about the tax process and trade between the five nations of the BRICS organization, Modi said that the taxation system between these five countries has been simplified so that the businessmen of all the five countries can get equal benefits. Modi said these five countries need to increase their investment target by simplifying their tax and customs system.

Modi praised the citizens of the BRICS countries and said that the citizens of these five countries are known for their hard work in the world. The people of these countries, working hard and with zeal, contribute immensely to the economic development of the country.