Terrorism received high attention: PM

Making a statement after the conclusion of the two-day event, he said, “We were unanimous in recognising the threat that terrorism, extremism and radicalisation presents, not just to the regional and global peace, stability and economic prosperity. But, also to our society, our way of life and humanity as a whole.” 

“We were also one in agreeing that BRICS need to work together and act decisively to combat this threat. We underscored the need for close coordination on tracking sources of terrorist financing and targeting the hardware of terrorism, including weapons’ supplies, ammunition, equipment, and training. “We also agreed that those who nurture, shelter, support and sponsor such forces of violence and terror are as much a threat to us as the terrorists themselves,” he said and added that India was happy to note the unity of thought and purpose on the serious global challenge. Meanwhile, BRICS nations called upon developed countries to honour their official development assistance commitments to achieve 0.7 per cent of gross national income commitment for developing countries. 

In its Goa Declaration on Sunday, these nations have said that those commitments play a crucial role in the implementation of the Sustainable Development Goals (SDGs). The Goa Declaration said, “We meet at a time when the global economic recovery is progressing, with improved resilience and emergence of new sources of growth. The growth, though is weaker than expected with downside risks to the global economy continuing to persist. This gets reflected in a variety of challenges including commodity price volatility, weak trade, high private and public indebtedness, inequality and lack of inclusiveness of economic growth.” Meanwhile, India pushed ahead with efforts to get a BRICS credit rating agency set up at the summit today as a counter western rating institutions but faced lack of consensus over the move which they now said will be explored by experts. 

Some member countries of the five emerging economies appeared to have voiced “concerns” over the “credibility” and access to “dependable data” for the new entity to take on the Wall Street-based Big 3 run on commercial principles.