Union Finance Minister Nirmala Sitharaman on Sunday reaffirmed India’s commitment to inclusive multilateralism and sustainable development at the BRICS Finance Ministers and Central Bank Governors Meeting (#BRICSFMCBG) held in Rio de Janeiro, Brazil, the Ministry of Finance said in a post on X.
She said that at a time when global institutions are facing a crisis of legitimacy and representation, BRICS must lead by example by reinforcing cooperation, advocating credible reforms, and amplifying the voice of the Global South.
Sitharaman said that while South-South cooperation remains vital in advancing climate and development goals, the Global South should not be expected to carry the main burden of climate action and BRICS countries are well-placed to deepen cooperation on sustainable development.
