India avoided mentioning tariffs at a BRICS leaders virtual summit called by Brazil on Monday amidst steep US levies on imports distorting global economic order.
Significantly, while heads of states of major countries from the ten-member bloc, including Chinese President Xi Jinping, Russian President Vladimir Putin and Brazilian President Lula da Silva, attended the important meeting, Prime Minister Narendra Modi was represented by Minister of External Affairs S Jaishankar.
India cautioned that increasing barriers will not help promote world trade and suggested that the bloc could set an example by reviewing trade flows among member states
“Trade patterns and market access are today prominent issues in the global economic discourse…The BRICS itself can set an example by reviewing trade flows among its member States,” Jaishankar said.
New Delhi’s soft-pedalling of the US’…