Jaishankar at BRICS Summit: Trade & Tariffs

By By Rediff Money Desk, New Delhi
Sep 05, 2025 22:05
Jaishankar to represent India at BRICS virtual summit on trade disruptions. Focus on tariffs & US policies. Key discussions & implications.
New Delhi, Sep 5 (PTI) External Affairs Minister S Jaishankar will represent India at a virtual summit of the BRICS grouping that has been convened by Brazilian President Luiz Inacio Lula da Silva next week to discuss trade disruptions triggered by Washington's policies on trade and tariff.

The aim of the summit is to create a common approach in dealing with the Trump administration's tariff tussle.

Brazil is the current chair of the BRICS. The 10-member grouping also includes India, China, Russia, South Africa, Indonesia, Iran and the United Arab Emirates.

"The Brazilian chair of BRICS has called for a virtual meeting on September 8," External affairs ministry spokesperson Randhir Jaiswal said on Friday.

"From our side, it will be the external affairs minister who will be participating in (the meeting). This BRICS Summit is at the leaders' level," he said at his weekly media briefing.

Lula had dialled Prime Minister Narendra Modi on August 7 during which both the leaders pledged to strengthen bilateral trade and energy ties.

The US slapped 50 per cent tariffs on Brazilian exports like in the case of India.

The Brazilian president is likely to discuss the tariff issue at the BRICS virtual summit, according to reports from Brazil.

People familiar with the matter said New Delhi decided to nominate Jaishankar to attend the summit as part of "balancing act" with Washington getting increasingly suspicious about the agenda of BRICS.

US President nald Trump has made a series of comments cautioning BRICS against any "de-dollarisation" efforts.

BRICS, originally comprising Brazil, Russia, India, China, and South Africa, expanded in 2024 to include Egypt, Ethiopia, Iran, and the United Arab Emirates, with Indonesia joining in 2025.

It has emerged as an influential group representing around 49.5 per cent of the global population, around 40 per cent of the global GDP and around 26 per cent of the global trade.
Source: PTI
Read More On:
brics summits jaishankartrade tariffsindialuiz inacio lula da silva
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